Moody’s (NYSE:MCO): Lazard Capital upgraded Moody’s to Buy from Neutral with a $74 price target citing an attractive risk/reward following the recent pullback in shares.
KeyCorp (NYSE:KEY): Credit Suisse upgraded KeyCorp based on faster revenue growth and high excess capital that will accelerate ROTE expansion, if allowed by regulators. The price target on the shares has been raised to $14 from $13.75.
Skullcandy (NASDAQ:SKUL): Raymond James upgraded Skullcandy to Market Perform from Underperform based on new management, 2014 profitability, and valuation.
Conn’s (NASDAQ:CONN): After Conn’s reported weaker-than-expected second-quarter results due to problems with its credit operations, KeyBanc notes that the company’s sales and retail profitability were above expectations, with trends accelerating in August. The firm expects these positive trends to offset the company’s higher bad debt expense in the near term, and it keeps a Buy rating on the shares.