Here is a list of this morning’s company upgrades, downgrades, and coverage initiations by brokerage firms with roughly 30 minutes until the opening bell.
Analyst Upgrades:
- Web.com Group (NASDAQ:WWWW) upgraded to Outperform from Market Perform at FBR Capital ; price target raised to $9 from $7
- FBR Capital raises its price target on CapitalSource (NYSE:CSE) to $6 from $5
- JMP Securities raises Human Genome (NASDAQ:HGSI) price target to $25 from $18. Firm believes mkt for lupus drug ‘Benlysta’ is larger then expected.
- BlackRock (NYSE:BLK) upgraded to Buy from Hold at Deutsche Bank ; price target raised to $230 from $180
- Eclipsys (NASDAQ:ECLP) upgraded to Buy from Hold at Auriga U.S.A ; price target raised to $24 from $16
- Seagate Tech (NYSE:STX) upgraded to Buy from Hold at Deutsche Bank ; price target raised to $20 from $13
- Southwest Air (NYSE:LUV) upgraded to Buy from Sell at Argus ; price target set at $11
- Legacy Reserves’ (NASDAQ:LGCY) price target is raised to $21 from $17 at Wunderlich
- Burlington Northern Santa Fe Corp. (NYSE:BNI) upgraded to Hold from Sell at Citigroup
- Portugal Telecom (NYSE:PT) upgraded to Neutral from Underweight at HSBC
- Bed Bath & Beyond (NASDAQ:BBBY) upgraded to Neutral from Sell at FTN Equity
- Stifel Nicolaus raises Marshall & Ilsley (NYSE:MI) price target to $12 from $9 following the co.’s update on credit quality
- Seagate Tech (NYSE:STX) upgraded to Overweight from Market Weight at Thomas Weisel
- Lowe’s (NYSE:LOW) upgraded to Outperform from Market Perform at Capital ; price target lowered to $23.50 from $24
- FactSet (NYSE:FDS) upgraded to Neutral from Underweight at Piper Jaffray ; price target raised to $65 from $46
- Centene (NYSE:CNC) upgraded to Buy from Hold at Collins Stewart ; price target set at $24
- CenturyTel (NYSE:CTL) upgraded to Overweight from Equal Weight at Morgan Stanley
- Credit Suisse raises its price target on ConAgra (NYSE:CAG) to $24 from $21
- CarMax (NYSE:KMX) upgraded to Neutral from Sell at Goldman Sachs
- Oppenheimer raises Amdocs (NYSE:DOX) price target to $32 from $27
- Lowe’s (NYSE:LOW) price target raised to $27 from $25 at Credit Suisse
- AAR Corporation (NYSE:AIR) upgraded to Hold from Sell at Jesup & Lamont
Analyst Downgrades:
- Tellabs (NASDAQ:TLAB) downgraded to Neutral from Outperform at Robert W. Baird ; price target set at $8
- Carnival (NYSE:CCL) downgraded to Neutral from Outperform at Credit Suisse
- Hercules Offshore (NASDAQ:HERO) downgraded to Sell from Hold at Jesup & Lemont ; price target lowered to $4 from $8
- Juniper Networks (NASDAQ:JNPR) downgraded to Neutral from Outperform at Robert W. Baird; price target set at $30
- Alberto-Culver (NYSE:ACV) cut to Neutral from Buy by Goldman Sachs
- Credicorp Ltd. (NYSE:BAP) downgraded Neutral from Overweight at JPMorgan ; firm maintains an $84 price target on the co.
- Commscope (NYSE:CTV) downgraded to Underperform from Outperform at Robert W. Baird; price target set at $34
- Commercial Metals (NYSE:CMC) downgraded Neutral from Buy at UBS
- Prudential Financial (NYSE:PRU) downgraded to Equal Weight from Overweight at Morgan Stanley
- Alcatel-Lucent (NYSE:ALU) downgraded to Neutral from Outperform at Robert W. Baird ; price target set at $5
- G&K Svcs (NASDAQ:GKSR) downgraded to Underperform from Neutral at Robert W. Baird ; price target set at $21
- Walter Energy (NYSE:WLT) downgraded to Market perform from Outperform at FBR Capital ; firm maintains its $74 price target on the co.
- Unum (NYSE:UNM) downgraded to Underweight from Equal Weight at Morgan Stanley
- Cintas (NASDAQ:CTAS) downgraded to Underperform from Neutral at Robert W. Baird ; price target set at $28
- Stryker (NYSE:SYK) downgraded to Market Perform from Outperform at Wells Fargo
- hhgregg Inc. (NYSE:HGG) downgraded to Neutral from Buy at Janney Montgomery Scott
Coverage Initiated:
- Regency Centers (NYSE:REG) initiated with an Underperform and a $32 price target at Oppenheimer
- JPMorgan Chase (NYSE:JPM) initiated with a Buy at Collins Stewart
- Extra Space Storage (NYSE:EXR) initiated with a Perform at Oppenheimer
- AboveNet (NASDAQ:ABVT) initiated with a Buy and a $55 price target at Jefferies
- Palm (NASDAQ:PALM) initiated with Neutral at Susquehanna Financial
- Internet Brands (NASDAQ:INET) initiated with a Buy at Canaccord Adams
- SunTrust Banks (NYSE:STI) initiated with a Buy at Collins Stewart
- Citigroup (NYSE:C) initiated with a Hold at Collins Stewart
- POZEN (NASDAQ:POZN) initiated with a Buy and an $11 price target at Brean Murray
- Macerich (NYSE:MAC) initiated with an Underperform and a $26 price target at Oppenheimer
- Compellent Technologies (NYSE:CML) initiated with an Outperform at Northland Securities ; price target set at $20
- Tanger Factory (NYSE:SKT) initiated with a Perform at Oppenheimer
- Federal Realty Invst Trust (NYSE:FRT) initiated with a Perform at Oppenheimer
- Zions Bankcorp (NASDAQ:ZION) initiated with a Sell at Collins Stewart
- Sirona Dental Systems (NASDAQ:SIRO) initiated with a Buy and a $35 price target atj Jefferies
- Bank of America (NYSE:BAC) initiated with a Buy at Collins Stewart
- Kroger (NYSE:KR) initiated with a Buy at Janney Montgomery Scott
- Wells Fargo (NYSE:WFC) initiated with an Hold at Collins Stewart
- Winn-Dixie (NASDAQ:WINN) initiated with a Buy at Janney Montgomery Scott
- BB & T (NYSE:BBT) initiated with a Market Perform at Wells Fargo
- Bancolombia (NYSE:CIB) initiated with an Overweight and a $50 price target at JPMorgan
- Genworth Financial (NYSE:GNW) resumed with a Neutral and a $14 price target at Bank of America/Merrill
