Caterpillar was downgraded at Argus to hold from buy. Company cut guidance and lacks near-term catalysts, Argus said.
Seacor was downgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: CKH Ratings Report.
Centerpoint was downgraded at Credit Suisse to underperform from outperform. Twelve-month price target is $25. Company will be hurt by lower employment in Houston and has master limited partnership exposure, Credit Suisse said.
Concho was downgraded at RBC Capital to outperform from "top pick." Valuation call, based on a 12-month price target of $138.
Cytec was upgraded at Jefferies to buy from hold. Twelve-month price target is $68. Company is leveraged to lower oil prices and the shift toward lighter vehicles, Jefferies said.
Freeport-McMoran was downgraded at Bank of America/Merrill Lynch to neutral from buy. Twelve-month price target is $19. Company lacks near-term catalysts and may have to cut its dividend if commodity prices remain weak, Bank of America/Merrill Lynch said.
Cheniere Energy was upgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: LNG Ratings Report.
Michael Kors was downgraded at Canaccord Genuity to hold from buy. Twelve-month price target is $76. Company is increasing promotional activity, Canaccord Genuity said.
Manpower was upgraded at Barclays to overweight. Twelve-month price target is $85. Company offers an inexpensive way to play a potential eurozone recovery, Barclays said.
Old National was downgraded at DA Davidson to neutral from buy. Twelve-month price target is $15. Estimates were also cut, as the company is seeing lower net interest-margin and fee income, DA Davidson said.
SS&C was upgraded at J.P. Morgan to overweight. Advent acquisition makes strategic sense and should boost shareholder value, J.P. Morgan said.
Stratasys was downgraded at Brean Capital to hold from buy. Company cut its guidance and is writing down a recent acquisition, Brean Capital said.
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