Analysts' Actions: WMT VLO ALL MAN KFT
NEW YORK (TheStreet) -- CHANGE IN RATINGS
Auxilium (AUXL) downgraded at Leerink to Market Perform, Leerink Swann said. Company lacks near-term catalysts. $25 price target.
Becton Dickinson (BDX) downgraded at JP Morgan from Neutral to Underweight, JP Morgan said. $72 price target. Company is facing lower end-market demand.
BMC Software (BMC) downgraded at Credit Suisse from Outperform to Neutral, Credit Suisse said. $40 price target. Company is seeing slower bookings growth.
Bruker (BRKR) downgraded at Leerink from Outperform to Market Perform, Leerink Swann said. See limited near-term earnings upside potential.
Concho Resources (CXO) upgraded at Wells from Market Perform to Outperform, Wells Fargo said. Company is a market leader and should continue to grow in the Permian basin.
First Horizon (FHN) upgraded at Compass Point from Sell to Neutral, Compass Point said. Valuation call, based on an $8 price target.
Louisiana-Pacific (LPX) upgraded at BMO to Market Perform, BMO Capital said. $11.25 price target. Company should benefit from higher panel prices.
Northeast Utilities (NU) downgraded at Deutsche from Buy to Hold, Deutsche Bank said. Valuation call, based on a $40 price target.
Polypore (PPO) downgraded at Baird from Outperform to Neutral, Robert Baird said. $37 price target. Sales visibility has become limited.
Symetra (SYA) downgraded at BofA/Merrill from Neutral to Underperform, Bank of America/Merrill Lynch said. $14 price target. Estimates also cut, given lower expected annuity growth.
Tech Data (TECD) downgraded at BofA/Merrill to Underperform, Bank of America/Merrill Lynch said. $47 price target. More than half of the company's sales come from Europe.
Wal-Mart (WMT) upgraded at Deutsche to Hold from Sell, Deutsche Bank said. $68 price target. Fundamentals are improving and investors should gravitate toward the company's defensive position.