Saturday, May 24, 2014

Analysts' Actions: CNP DKS EVR NMBL

NEW YORK (TheStreet) -- RATINGS CHANGES

CST Brands (CST) was initiated with a hold rating at TheStreet Ratings.

Cree (CREE) was downgraded to hold at TheStreet Ratings.

CenterPoint Energy (CNP) was reinitiated at Barclays with an equal-weight rating. Catalysts include underlying demand growth in Texas at the utilities and distribution growth in the Anadarko system, Barclays said. Twelve-month price target is $26. Dick's Sporting Goods (DKS) was downgraded at Piper Jaffray to neutral from overweight. Twelve-month price target is $48. Company is facing increased competition in hard goods, Piper Jaffray said. Dick's Sporting Goods was upgraded at BMO Capital to market perform from underperform. Valuation call, based on a 12-month price target of $46, BMO Capital said. Evercore (EVR) was upgraded at JMP Securities to outperform from market perform. Twelve-month price target is $64. Stock is attractive, following the recent pullback, JMP said. Nimble Storage (NMBL) was upgraded at Wunderlich to buy from hold. Twelve-month price target is $38. New system architecture has been gaining traction and the company can gain market share, 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. >>Read More: Don't Even Think About Selling Facebook >>Read More: Why AT&T's Deal for DirecTV Makes No Sense

Stock quotes in this article: CNP, DKS, EVR, NMBL 

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