Standpoint Research

Standpoint Research has downgraded The Gap (NYSE: GPS) from Buy to Hold.

Standpoint Research has downgraded Tempur-Pedic (NYSE: TPX) from Buy to Hold.

Standpoint Research has downgraded PNC Financial Services (NYSE: PNC) from Buy to Hold.

Standpoint Research has upgraded Perry Ellis (NASDAQ: PERY) from Hold to Buy.

Standpoint Research has initiated Cummins (NYSE: CMI) with a New Buy rating and $110 price target.

Standpoint Research has upgraded Crocs (NASDAQ: CROX) from Hold to Buy.

Standpoint Research has downgraded Wal-Mart (NYSE: WMT) from buy to Hold due to disappointment from expectations of higher revenues likely due to competition, company size, and struggles from its core base.

Standpoint Research upgraded Freeport McMoran (NYSE: FCX) from Hold to Buy in a research report published today. Standpoint Research has a $47 price target on Freeport McMoran shares. In the report, Standpoint Research states, "FCX has been oversold on bad news by short-sighted traders and...

Standpoint Research downgraded its Crocs (NASDAQ: CROX) rating from Buy to Hold in a research report published today. In the report, Standpoint Research states, "Relative Strength is now 96/100 and that usually signals a market over-reaction to good news and an over-bought condition in the near...

Standpoint Research upgraded its Lockheed Martin (NYSE: LMT) rating from Hold to Buy in a research report published today. Standpoint Research has an $85 price target on Lockheed Martin shares. In the report, Standpoint Research states, " The company has increased its dividend by more than 10%...

Standpoint Research upgraded its FedEx (NYSE: FDX) and Tempur-Pedic International (NYSE: TPX) ratings from Hold to Buy in a research report published today. Standpoint has previously given FedEx an $84 price target and Tempur-Pedic International a $65 price target. Shares of FedEx were trading at...

Standpoint Research is out with a research report on MetroPCS Communications, Inc. (NYSE: PCS) and is upgrading shares to Buy with a $11 price target. At last check, shares of PCS were off 32 cents to $8.97, a loss of 2.44%.

Standpoint Research is out with a research report on Prosperity Bancshares, Inc. (NASDAQ: PRSP) and is upgrading shares to Buy with a $40 price target. In a note to clients, Standpoint Research writes, "We always have shopping lists prepared for days like yesterday/today when we reinstate...