ING Group (ING) downgraded to Neutral from Buy at UBS.
Coach (COH) initiated with a Buy at Citigroup.Target $85.
AK Steel (AKS) downgraded to Neutral from Buy at Citigroup.Citigroup downgraded AK Steel citing a lack of price increases in stainless steel after North American Stainless decided to keep most base prices unchanged at historically low levels. The firm lowered its price target for shares to $9 from $12.
Jacobs Engineering (JEC) initiated with a Neutral at Citigroup Target $52.
True Religion (TRLG) downgraded to Hold from Buy at Brean Murray.Brean Murray lowered True Religion estimates citing the disappointing Q4 report.
NCR Corp. ( NCR) downgraded to Neutral from Buy at Goldman.Goldman downgraded NCR Corp based on valuation. Price target is $21
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