
Baidu Inc. (NASDAQ: BIDU) was raised to Buy from Hold at Stifel Nicolaus and was downgraded to Equal Weight from Overweight at Morgan Stanley.
First Solar Inc. (NASDAQ: FSLR) may have fallen 9% after its earnings disappointment, but the solar panel giant was raised to Outperform from Neutral at RW Baird.
J.C. Penney Co. (NYSE: JCP) was raised to Market Perform from Underperform and the price range was raised to $6 to $7 from $4 to $5 in the call at Wells Fargo after earnings. Credit Suisse maintained its Underperform rating. Sterne Agee maintained a Neutral rating. Shares are indicated up more than 20%.
Goldman Sachs has made changes to its Chinese oil and energy sector: CNOOC Ltd. (NYSE: CEO) was downgraded to Neutral from Buy, PetroChina Co. Ltd. (NYSE: PTR) was raised to Buy from Neutral and Sinopec, or China Petroleum & Chemical Corp. (NYSE: SNP), was added to the prized Conviction Buy List.
Other Key Analyst Calls
Air Products & Chemicals Inc. (NYSE: APD) was raised to Buy from Neutral at Citigroup.
Care.com Inc. (NYSE: CRCM) saw its shares fall double-digits after its earnings report, but one firm sees the sell-off in the recent IPO as a buying opportunity. The online matching and services sites was raised to Overweight from Neutral at J.P. Morgan.
Clean Harbors Inc. (NYSE: CLH) missed earnings and lowered guidance, and now the stock is challenging 52-week lows. This one was downgraded to Perform from Outperform at Oppenheimer.
Deutsche Bank A.G. (NYSE: DB) was downgraded to Neutral from Buy at Bank of America Merrill Lynch.
Ralph Lauren Corp. (NYSE: RL) was raised to Buy from Neutral at Goldman Sachs.
Sony Corp. (NYSE: SNE) was raised to Buy from Neutral at Citigroup.
Teekay Corp. (NYSE: TK) was raised to Outperform from Neutral and the price target was raised to $80 from $56 at Credit Suisse.
Urban Outfitters Inc. (NASDAQ: URBN) was started as Outperform at Wedbush Morgan.
VF Corp. (NYSE: VFC) was downgraded to Neutral from Buy at Goldman Sachs.
Weatherford International Ltd. (NYSE: WFT) was raised to Buy from Neutral at UBS; Credit Suisse maintained an Outperform rating but lowered estimates.