Analyst Calls: CVC, DWA, ED, EW, LULU, MWW, NRGY, PPL, TYN, UL ...

Analyst Upgrades

Stifel views shares of DreamWorks (DWA) as oversold and believes investors are too pessimistic on recent films. The firm upgraded shares to buy from hold and has a $35 target on the stock.
JPMorgan upgraded Consolidated Edison (ED) to neutral from underweight based on EPS visibility. The firm raised its price target to $45 from $37.
Soleil upgraded PPL Corp. (PPL) to buy from hold following the 90M share secondary last night that was priced at $24. The firm sees improving earnings visibility and a removal of the equity overhang for the upgrade. The firm has a $29 price target on the stock.
Unilever (UL) was upgraded to neutral from underperform at Credit Suisse.
Holly (HOC) was upgraded to buy from neutral at BofA/Merrill.
Bebe Stores (BEBE) was upgraded to neutral from underperform at Cowen.
Oppenheimer upgraded Monster Worldwide (MWW) to outperform from perform.

Analyst Downgrades

Goldman downgraded Edwards Lifesciences (EW) to neutral from conviction buy and has a $60 price target on the stock. The firm sites valuation for the downgrade.
Wunderlich downgraded Inergy LP (NRGY) to hold from buy based on valuation and set a $40 target on the stock. The firm prefers Inergy Holdings (NRGP) as the bulk of management capital is positioned in that company, according to the firm.
Wunderlich also downgraded Tortoise North American Energy (TYN) to hold from buy. The firm, which has a $26 price target on the stock, said its downgrade is based on valuation.
Domtar (UFS) was downgraded to buy from conviction buy at Goldman.
Wilmington Trust (WL) was downgraded to neutral from buy at SunTrust.
Odyssey Healthcare (ODSY) was downgraded to neutral from positive at Susquehanna.

Analyst Initiations

Baird initiated Lululemon (LULU) with a neutral rating and $49 target. The firm cites valuation for the rating.
JPMorgan initiated Cablevision (CVC) with an overweight rating and $30 price target.
Credit Suisse started Berry Petroleum (BRY) with an outperform rating and $40 target.
TreeHouse Foods (THS) was initiated with an equal weight rating at Morgan Stanley.
United Bankshares (UBSI) was initiated with a neutral rating at Sterne Agee.
Roadrunner (RRTS) was initiated with an outperform rating and $20 target at Baird.