Analysts' Actions: AMGN DO FFIV LNKD STT

TheStreet.com

NEW YORK (TheStreet) -- CHANGE IN RATINGS:

Abbott Laboratories ABT was downgraded to hold at TheStreet Ratings.

Amgen AMGN was downgraded at Credit Suisse from outperform to neutral. $90 price target. Stock is already pricing in lower agency costs, Credit Suisse said.

Allegheny Technologies ATI was downgraded at J.P. Morgan from neutral to underweight. Estimates were also cut, given risks in the stainless steel market, J.P. Morgan said.

Biomarin BMRN was upgraded at Stifel Nicolaus from hold to buy. $67 price target. New products should drive growth and the company is a potential acquisition target, Stifel Nicolaus said.

Diamond Offshore DO was downgraded at Credit Suisse from outperform to neutral, Credit Suisse said. $77 price target. Company will be impacted by bifurcation in the deepwater market, Credit Suisse said.

FirstEnergy FE was downgraded at Jefferies to underperform from hold. $33.50 price target. Rating agency pressure, Jefferies said.

F5 Networks FFIV was downgraded at Needham from buy to hold. Consensus estimates appear high as growth could slow as the company transitions its product line, Needham said.

Fortinet FTNT was downgraded at JMP Securities from outperform to market perform. Estimates were also cut, as the company is facing increased competition, JMP said.

John Bean Technologies JBT was upgraded to buy at TheStreet Ratings.

Johnson Controls JCI was downgraded at Lazard Capital Markets to neutral. Company faces macro growth headwinds, Lazard Capital Markets said.

LinkedIn LNKD was initiated with a neutral rating at Sterne Agee. Valuation call, as the stock is up 67% of the past year, Sterne Agee.

Och-Ziff OZM was downgraded to market perform at Keefe, Bruyette & Woods. $10.25 price target. Company faces potential growth headwinds, Keefe, Bruyette & Woods said.

Precision Castparts PCP was upgraded at UBS to buy from neutral. $213 price target. Negative EPS revisions at end, UBS said.

State Street STT was upgraded at J.P. Morgan to neutral. Company is cutting costs, offsetting a lower net interest margin, J.P. Morgan said.

Wesco WCC was upgraded at Credit Suisse from neutral to outperform. $84 price target. Company is leveraged to a turn in the commercial construction market, Credit Suisse said.

VCA Antech WOOF was downgraded at Stifel Nicolaus from hold to sell. Company may continue to lose market share in the lab business, Stifel Nicolaus said.

STOCK COMMENTS / EPS CHANGES

Apple AAPL numbers were cut at UBS. Shares are now seen reaching $650. Estimates were also lowered on iPhone ASPs, UBS said. Buy rating.

Citigroup C numbers were cut at Sterne Agee. Shares of Citigroup are now seen reaching $48. Estimates were also lowered on management's sober outlook for legacy mortgage-related costs, Citi said. Buy rating.

Deckers DECK numbers were cut at Canaccord Genuity. Shares are now seen reaching $35. Estimates were also lowered as challenged holiday bodes ill for 2013 orders, Canaccord Genuity said. Hold rating.

Facebook FB estimates, target were raised at Topeka. Shares are now seen reaching $40. Estimates were also increased, given higher expected advertising growth, Topeka said. Buy rating.

First Republic Bank FRC numbers were raised at Jefferies. Shares are now seen reaching $42. Estimates also raised on mortgage banking performance, Jefferies said. Buy rating.

Johnson Controls JCI price target was raised at Jefferies. Shares are now seen reaching $31. Leverage the HVAC cycle, Jefferies said. Hold rating.

Life Technologies LIFE price target was raised at Oppenheimer. Shares are now seen reaching $67. Strategic more likely than LBO, Oppenheimer said. Outperform rating.

Lorillard LO numbers were lowered at Jefferies. Shares are now seen reaching $43. Update following stock split, Jefferies said. Buy rating.

Parker Hannifin PH numbers were raised at BMO Capital Markets. Shares are now seen reaching $108. Estimates were also increased as FY2Q better than lowered expectations, BMO Capital Markets said. Outperform rating.

Sandisk SNDK numbers were raised at Jefferies. Shares are now seen reaching $59. Estimates were also raised on gross margin upside, Jefferies said. Buy rating.

State Street STT numbers were raised at Citigroup. Shares are now seen reaching $61. Estimates were also increased ahead of analyst day and CCAR results, Citigroup said. Buy rating.

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