STOCK UPGRADES & DOWNGRADES

Analysts' Actions: BCS, FOSL, GRPN, KLAC

NEW YORK (TheStreet) -- CHANGE IN RATINGS

Barclays(BCS) was upgraded at UBS to Buy from Neutral. $13.85 price target. Risk/reward is now attractive, UBS said.

Fossil(FOSL) was upgraded at Citigroup to Buy from Neutral. $88 price target. Newly lowered EPS is achievable, Citi said.

Groupon(GRPN) was upgraded at Citigroup to Buy from Neutral. $22 price target. Believe strong revenue growth can be sustained, Citigroup said.

KLA-Tencor(KLAC) was downgraded at JP Morgan from Neutral to Underweight. Business expected to slow down in the second half of the year, JP Morgan said. $42 price target.

Lam Research(LRCX) was downgraded at JP Morgan from Neutral to Underweight. Estimates were also cut, given slower expected growth in the second half of the year, JP Morgan said. $35 price target.

LSI(LSI) was initiated with an Outperform rating at Pacific Crest. $11 price target. Company should benefit from higher demand for data traffic and storage, Pacific Crest said.

Sandridge Energy(SD) was upgraded at Canaccord Genuity from Sell to Hold. Valuation call, based on a $6 price target, Canaccord Genuity said.

Simpson Mfg.(SSD) was upgraded from Underperform to Neutral at Robert Baird. Valuation call, based on a $29 price target, Robert Baird said.

Weatherford(WFT) was upgraded at JP Morgan from Neutral to Overweight. $19 price target. Company is a defensive way to play a recovery in North America, JP Morgan said.

Windstream(WIN) was upgraded at Stifel Nicolaus from Hold to Buy. Valuation call, based on an $11 price target, Stifel Nicolaus said.

STOCK COMMENTS / EPS CHANGES

Adtran(ADTN) estimates were increased at Morgan Stanley through 2014. NSN broadband acqusition should add to earnings, Morgan Stanley said. Equal-weight rating.

Dick's Sporting Goods(DKS) numbers were raised at UBS. Shares are now seen reaching $57. Estimates were also increased on strong all-around results, UBS said. Buy rating.

Dick's Sporting Goods estimates were boosted at Sterne Agee through 2013. Company continues to deliver strong sales growth, Sterne Agee said. Buy rating and $56 price target.

Genworth Financial(GNW) numbers were cut at Credit Suisse. Estimates were reduced through 2013. Company is seeing lower returns in life insurance, Credit Suisse said. Neutral rating and new $6 price target.

JC Penney(JCP) estimates were reduced at Credit Suisse through 2014. Lower sales are hurting margins, Credit Suisse said. Neutral rating and $35 price target.

Sina Corp.(SINA) estimates were lowered at Oppenheimer through 2013. Higher headcount and expense assumptions, Oppenheimer said. Perform rating

TheStreet Staff

05/16/12 - 08:40 AM EDT