NEW YORK (TheStreet) -- RATINGS CHANGES BB&T was upgraded from market perform to outperform at Wells Fargo. Investor expectations have been reset and the company is the best bank in town, Wells said. Cardtronics was upgraded to buy at TheStreet Ratings. Read More: Florida, Nevada Can't Win for Losing on Mortgage Crisis Cerner was upgraded from market perform to outperform at Wells Fargo. The Siemens transaction is an excellent use of cash, Wells said. Datalink was upgraded to buy at TheStreet Ratings. First Solar was upgraded from hold to buy at Needham. $75 12-month price target. The company could split up the business to increase shareholder value, Needham said. General Electric was upgraded from market perform to outperform at Bernstein. $33 12-month price target. The stock has lagged, but management is cutting costs and the company is leveraged to the industrial cycle, Bernstein said. Groupon was downgraded from buy to hold at Wunderlich. $6 12-month price target. The company is seeing lower growth in its local business, Wunderlich said. Read More: Why Target's New Comments Should Worry Investors Itron was upgraded from sell to hold at Brean Capital. This was a valuation call, after the company posted solid quarterly results, Brean said. Jamba was upgraded to buy at TheStreet Ratings. Michaels was initiated with an equal-weight rating at Morgan Stanley. $16 12-month price target. The company will likely post below-average earnings growth in the near term, said Morgan Stanley. Michaels was initiated with a buy rating at Nomura. $19 12-month price target. The company can leverage its leading market share and deleverage the balance sheet, Nomura said. Pattern Energy was downgraded to neutral at Bank of America/Merrill Lynch. $33 12-month price target. The company lacks near-term visibility, said BofA/Merrill. Read More: 8 Stocks George Soros Is Buying in 2014 Pepsico was initiated with a reduce rating at Nomura. $81 12-month price target. This was a valuation call, based on a sum-of-the-parts analysis, said Nomura. Southern Copper was downgraded from outperform to market perform at FBR Capital Markets. $35 12-month price target. Copper prices should remain muted and the company will likely be slower to ramp production growth, said FBR. Target was downgraded from buy to neutral at Goldman Sachs. $59 12-month price target. The company lacks near-term catalysts, Goldman said. Estimates were also cut. T-Mobile was initiated as a hold at TheStreet Ratings. Tesla was initiated with an outperform rating at Pacific Crest. $316 12-month price target. The company has healthy demand trends and can achieve near-term targets, Pacific Crest said. Read More: A Simple Options Trading Strategy That Beats the S&P 500 Time Warner was downgraded from hold to sell at Topeka Capital. $69 12-month price target. Twenty-First Century Fox FOXA withdrew its initial bid, and there's still an inefficient premium in the stock, said Topeka. Vanguard Natural was downgraded from buy to hold at Wunderlich. $29 12-month price target. Lower NGL prices should be a headwind, Wunderlich said. Editor's note: To see analysts' stock comments and changes to price targets and earnings estimates, go to "Street Notes" which is available only to Real Money subscribers. To find out how to become a subscriber, please click here. Follow TheStreet on Twitter and become a fan on Facebook.
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