KKR and Bebe Get Bearish Calls, Starwood Hotels Uprgraded

In Friday's Analysts' Actions, KKR and Bebe get downgrades while Starwood Hotels gets an upgrade and a price target increase. KKR (KKR) is now rated a 'Market Perform' at Wells Fargo from 'Outperform.' The firm lowered its price target range for the stock to between $22 to $25 dollars a share. The analyst at Wells Fargo sees 'risk as we approach the latter stages of the credit cycle.' Bebe (BEBE) was cut to a 'Neutral' from 'Buy' at Janney Montgomery Scott. The firm currently has a $3 price target on the stock. Starwood Hotels (HOT) was raised to an 'Overweight' at Barclays along with a price target increase to $89 from $84 a share. Barclays likes the hotel chain's recently announced repurchase plan. TheStreet's Susannah Lee reports from Wall Street.