Wednesday, April 8, 2015

Analysts' Actions -- Apple, Lululemon, WebMD, Xerox and More

NEW YORK (TheStreet) -- RATINGS CHANGES Apple was downgraded at Societe Generale to hold from buy. Twelve-month price target is $130. Company is facing difficult comps and currency issues, Societe Generale said. Concho Resources was downgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: CXO Ratings Report. Must Read: 5 Stocks Warren Buffett Is Selling Hollysys was upgraded at Morgan Stanley to overweight from equal-weight. Twelve-month price target is $26. Company can gain market share in the rail business with new products, Morgan Stanley said. Ecopetrol was downgraded to sell at TheStreet Ratings. You can view the full analysis from the report here: EC Ratings Report. Lululemon was upgraded at Sterne Agee to buy from neutral. Twelve-month price target is $77. Meeting with new CFO suggests that investments should pay off sooner than expected. Qualys was upgraded at Topeka Capital to buy from hold. Twelve-month price target is $61. Expanding product portfolio should help grow margins, Topeka said. Visteon was upgraded at Barclays to overweight from equal-weight. Twelve-month price target is $121. Company is leveraged to "connected car" growth, Barclays said. WebMD was downgraded at Goldman Sachs to sell from neutral. Company is facing mobile monetization headwinds, Goldman said. Twelve-month price target is $40. Xerox was upgraded at Citigroup to buy. Twelve-month price target is $15. Company is attractively valued and seeing improving signings, Citigroup said. Must Read: Warren Buffett's Top 10 Dividend Stocks 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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