NEW YORK (TheStreet) -- CHANGE IN RATINGS
Advance Auto Parts AAP coverage was resumed at Bank of America with a neutral rating. $78 price target. Buyout unlikely in near term, Bank of America said.
Apache APA was downgraded at Deutsche Bank to hold from buy. $90 price target. Operating trends moving in the wrong direction, Deutsche said.
athenahealth ATHN was upgraded at Sterne Agee to neutral from underperform. $72 price target. Confidence following investor day, Sterne Agee said.
Best Buy BBY was downgraded at Bank of America to underperform from no rating. $9 price target. Trading on fundamentals, Bank of America said.
Carlisle Companies CSL was upgraded at KeyBanc to buy from hold. $74 price target. Upside catalyzed by M&A activity, KeyBanc said. Chimera Investment CIM upgraded to buy at TheStreet Ratings. Esterline Technologies ESL upgraded to buy at TheStreet Ratings. Freeport-McMoRan FCX coverage was reinstated at Bank of America with a neutral rating. $39 price target. Transformational but dilutive deal, BofA said. MDU Resources MDU was upgraded at Citigroup to buy from neutral. $29 price target. Breakup to unlock value, Citi said. Noble Energy NBL was downgraded at Sterne Agee to neutral from buy. $109 price target. Growth is priced into shares, Sterne Agee said. Quanta Services PWR was initiated with a buy rating at Deutsche Bank. $31 price target. Bullish on longer-term growth prospects, Deutsche said.
SM Energy SM was downgraded at Deutsche Bank to hold from buy. $62 price target. Less conviction in 2013 outlook, Deutsche said. TripAdvisor TRIP was upgraded at Deutsche Bank to buy from hold. $50 price target. Will benefit from increasing competition in the OTA space, Deutsche said. Ultra Petroleum UPL was upgraded at Sterne Agee to neutral from underperform. $20 price target. Confidence in ability to weather challenging operating environment, Sterne Agee said.
Carlisle Companies CSL was upgraded at KeyBanc to buy from hold. $74 price target. Upside catalyzed by M&A activity, KeyBanc said. Chimera Investment CIM upgraded to buy at TheStreet Ratings. Esterline Technologies ESL upgraded to buy at TheStreet Ratings. Freeport-McMoRan FCX coverage was reinstated at Bank of America with a neutral rating. $39 price target. Transformational but dilutive deal, BofA said. MDU Resources MDU was upgraded at Citigroup to buy from neutral. $29 price target. Breakup to unlock value, Citi said. Noble Energy NBL was downgraded at Sterne Agee to neutral from buy. $109 price target. Growth is priced into shares, Sterne Agee said. Quanta Services PWR was initiated with a buy rating at Deutsche Bank. $31 price target. Bullish on longer-term growth prospects, Deutsche said.
SM Energy SM was downgraded at Deutsche Bank to hold from buy. $62 price target. Less conviction in 2013 outlook, Deutsche said. TripAdvisor TRIP was upgraded at Deutsche Bank to buy from hold. $50 price target. Will benefit from increasing competition in the OTA space, Deutsche said. Ultra Petroleum UPL was upgraded at Sterne Agee to neutral from underperform. $20 price target. Confidence in ability to weather challenging operating environment, Sterne Agee said.

