Analysts' Actions: RIMM AIG AOL JCP FRX
American International (AIG) rated new outperform at FBR. $44 price target. Company is attractively valued and will likely continue to deploy capital.
America Movil (AMX) upgraded to buy at TheStreet Ratings.
AOL (AOL) rated new hold at Cantor. $32 price target. Operating turnaround remains a work in progress.
Bel Fuse (BELFB) upgraded to buy at TheStreet Ratings.
Brookdale Senior Living (BKD) upgraded at BofA to buy from neutral, Bank of America Merrill Lynch said. $31 price target. Better fundamental outlook.
Cardtronics (CATM) upgraded at JP Morgan to overweight from neutral, JP Morgan said. $31 price target. Reverse interchange concerns overdone.
Cathay General (CATY) downgraded at DA Davidson from buy to neutral, DA Davidson said. Valuation call, as the stock is up 30% over the past year.
Cummins (CMI) downgraded at Jefferies to hold from buy, Jefferies said. Valuation call.
Community Health Systems (CYH) upgraded at BofA to buy from neutral, Bank of America Merrill Lynch said. $45 price target. Reform positives clear and story is de risked.
Forest Laboratories (FRX) upgraded at Goldman from sell to neutral, Goldman Sachs said. Company can improve its industry-low margins over time. $40 price target.
General Mills (GIS) downgraded at Goldman from neutral to sell, Goldman Sachs said. Company will likely lose market share in cereal and fall short of consensus expectations. $40 price target.
Hubbell (HUBB) upgraded at JP Morgan to overweight from neutral, JP Morgan said. $93 price target. Risk/reward now attractive.
Interpublic (IPC) downgraded at Morgan Stanley from overweight to equal-weight, Morgan Stanley said. $12 price target. Upside will likely be capped by a slower macro environment.
JC Penney (JCP) downgraded at UBS to sell from neutral, UBS said. $13 price target. SSS and gross margins are major earnings risks in 4Q.
3M (MMM) downgraded at JP Morgan from neutral to underweight, JP Morgan said. $97 price target. Company lacks near-term catalysts.
Meritage Homes (MTH) upgraded at JP Morgan from neutral to overweight, JP Morgan said. Company has lagged its peers and can deliver above-average order growth in 2013.
Maxim Integrated (MXIM) upgraded at JP Morgan from neutral to overweight, JP Morgan said. Company is leveraged to Samsung, which should continue to gain market share.
Oasis Petroleum (OAS) upgraded at Wells Fargo to outperform from market perform, Wells Fargo said. $40 to $45 valuation range. Strong operational momentum.
Principal Financial (PFG) downgraded at UBS to sell from neutral, UBS said. $27 price target. Accumulation business to remain under pressure.
Philip Morris (PM) upgraded at Goldman from neutral to buy, Goldman Sachs said. $103 price target. Company was also placed on the Conviction Buy list. Company offers growth and yield at an attractive valuation.
Pepco (POM) downgraded at Credit Suisse from outperform to neutral, Credit Suisse said. $20.50 price target. Company is facing multiple growth headwinds.