Vodafone (VOD), Altera (ALTR), CBS (CBS) , Citigroup (C), Omeros (OMER) and TCF Financial (TCF) were upgraded or downgraded by analysts.
Altera (ALTR) upgraded to Conviction Buy from Buy at Goldman.Goldman added Altera to its Conviction Buy List citing strong fundamentals, low carrier CapEx expectations, and share gains. Price target is $44.
CBS (CBS) upgraded to Top Pick from Outperform at RBC Capital.RBC Capital upgraded CBS citing 2012 political advertising contribution, OTT distribution revenue, and easy 2012 comps. Price target raised to $38 from $34.
Citigroup (C) downgraded to Neutral from Overweight at JPMorgan.JPMorgan downgraded citing failure of the Fed's stress test. The firm said capital returns will be delayed and management credibility has been hurt. Price target cut to $42.50 from $46.50
Omeros (OMER) upgraded to Buy from Hold at Canaccord.Canaccord upgraded Omeros citing impressive efficacy data from OMS302 Phase 3 trial. Price target raised to $13 from $5.
TCF Financial (TCF) downgraded to Underperform from Market Perform at FBR Capital.FBR Capital is positive on TCF Financial's restructuring announcement but has concerns regarding execution and valuation.
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