Blain and Gate Capital Look to Buy Compuware.

Blain and Gate Capital Look to Buy Compuware. Private equity firms Bain Capital and Golden Gate Capital are reportedly in talks to acquire software provider Compuware (CPWR). The firms have already agreed to acquire BMC Software (BMC) in May.  

Upgrades:

Kraft Foods (KRFT): Morgan Stanley raised their rating from Equal Weight to Overweight placed a target price of $60.00 on the company. Pre-market: 54.59 +1.04 (1.94%)

Mohawk Industries (MHK): Credit Suisse raised their rating from Neutral to Outperform and raised their target price from $142.00 to $166.00. Pre-market: 140.00 +1.05 (0.76%)

Valero Energy (VLO): JPMorgan raised their rating from Underweight to Neutral and raised their target price from $34.00 to $44.00. Pre-market: 47.50 +0.92 (1.98%)

Downgrades:

Ingersoll-Rand (IR): MKM Partners lowered their rating from Buy to Neutral and placed a target price of $58.00 on the company. Pre-market: 56.30 -0.39 (-0.69%)

Noble Energy (NBL): Deutsche Bank lowered their rating from Buy to Hold and lowered their target price from $82.00 to $75.00. Pre-market: 68.80 -0.70 (-1.01%)

Coverage Initiated:

Allscripts Healthcare (MDRX): JPMorgan initiated coverage with an Overweight rating and target price of $18.00.

American Airlines (AAL):CRT Capital initiated coverage with a Buy rating and target price of $31.00.

Archer Daniels Midland (ADM): Credit Suisse initiated coverage with a Neutral rating and target price of $44.00.

Masco (MAS): Credit Suisse initiated coverage with an Outperform rating and target price of $25.00. Pre-market: 21.55 -0.09 (-0.42%)

Masco (MAS): Goldman Sachs initiated coverage with a Sell rating and target price of $29.50. Pre-market: 21.55 -0.09 (-0.42%)

Stanley Black & Decker (SWK): Credit Suisse initiated coverage with a Neutral rating and target price of $71.00.

TJX Cos. (TJX): Atlantic Equities initiated coverage with an Overweight rating and target price of $75.00. Pre-market: 62.73 +0.39 (0.63%)

Markets: 
Futures at 6:20: Dow +0.04%. S&P +0.11%. Nasdaq +0.10%. Crude +0.05% to $97.70. Gold +0.08% to $1230.20. U.S. 10 Year +4/32 2.842%.

Europe: London -0.07%. Paris -0.16%. Frankfurt +0.38%. 

Asia: Japan +2.69% to 15650. Hong Kong +0.29% to 23811. China +0.05% to 2,238. India +1.57% to 21286.

 
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