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Stock Upgrades: Home Is Where the Heart Is for TreeHouse Foods


Wall Street ratings agencies set the tone for today's stock market.

Mister Market, clearly wanting to impress those closing belles ahead of Valentine's Day, sent the Dow (INDEXDJX:.DJI) back above sweet 16,000 by the closing bell. Time Warner (NYSE:TWX), at least for the time being, owns Sports Illustrated and yesterday it was a 7.02% surge in its spin-off Time Warner Cable (NYSE:TWC) that set the mood for another upbeat session in equities. A weepy movie once informed us that, "Love means never having to say you're sorry," but corporate America is less convinced of that. Both Mr. Levin and, only this week, AOL Inc.'s (NYSE:AOL) Tim Armstrong embarked upon tardy apology tours. Romance was in the air as Tiffany (NYSE:TIF) advanced 1.63% on a broker boost and, not to be outdone, "the Tiffany network" CBS Corp (NYSE:CBS) gained 4.46% to a fresh best. Alas, Whole Foods (NASDAQ:WFM), that unlikely wedding proposal place, swooned 7.21% in posting S&P 500's (INDEXSP:.INX) poorest performance.

Today's earnings announcements include Campbell Soup (NYSE:CPB), Petrobras (NYSE:PBR), and Red Robin Gourmet Burgers (NASDAQ:RRGB). On Monday, US stock and bond markets will be closed in honor of Washington's Birthday.

American Equity Investment Life (NYSE:AEL): Sandler O'Neill hoists the equity to Buy from Hold.

Corrections Corp. of America (NYSE:CXW): The prison play gets a Buy-from-Fair Value boost at CRT Capital. Its price objective also increases, by $1 to $36.

Discover Financial Services (NYSE:DFS): Jefferies juices its investment opinion to Buy from Hold, taking its target price to $65 from $57.

Discovery Communications (NASDAQ:DISCA): Shares get upgraded to Buy from Neutral at Guggenheim.

Home Bancshares (NASDAQ:HOMB): Saying that upcoming merger and acquisition activity can act as a catalyst, Wunderlich raises its rating to Buy from Hold.

Lloyds Banking Group (NYSE:LYG): LYG is lifted to Overweight from Neutral at JPMorgan.

LogMeIn (NASDAQ:LOGM): Shares, surging following a fourth-quarter earnings beat, are now Buy from Hold at Needham.

Rolls-Royce (OTCMKTS:RYCEY): This morning brings better news for the stock, whose 13.31% tumble yesterday represented its worst single-session showing since August of 2000. Today it is taken to Hold from Sell at Societe Generale.

Societe Generale (OTCMKTS:SCGLY): Speaking of Societe Generale, its own stock gets a boost to Buy from Neutral at UBS.

Starwood Hotels (NYSE:HOT): HOT is hoisted to Buy from Neutral at UBS, whose target price also increases by $10 to $85.

Stratasys (NASDAQ:SSYS): The 3-D printing play is moved to Market Perform from Underperform by William Blair.

TreeHouse Foods (NYSE:THS): Credit Suisse lifts the equity to Neutral from Underperform. Its price objective, previously $67, increases to $70.

WhiteWave Foods (NYSE:WWAV): Shares, which surged some 9.84% yesterday, are now Perform from Underperform with a new target of $24 at BMO Capital.

Zions Bancorporation (NASDAQ:ZION): Goldman Sachs gives its fellow financial firm a Neutral-from-Sell upgrade.

See also:

Stock Downgrades: Teenage Crush Is Over at Aeropostale

New Stock Coverage: WebMD Is the Love Doctor
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