ALAMO (ALG) (TNB) (ULTI) (CSFL) (CX) (AIXG) Ratings, Price Targets

ALAMO GROUP (NYSE: ALG), Thomas & Betts Co. (NYSE: TNB), The Ultimate Software Group, Inc. (NASDAQ: ULTI), CenterState Banks, Inc. (NASDAQ: CSFL), Cemex SAB de CV (NYSE: CX) and Aixtron AG (NASDAQ: AIXG) ratings and price targets.

Thomas & Betts Co. (TNB) was downgraded by Morgan Keegan from an “Outperform” rating to a “Market Perform” rating.

The Ultimate Software Group, Inc. (ULTI) was downgraded by ThinkEquity from a “Buy” rating to a “Hold” rating.

CenterState Banks, Inc. (CSFL) was upgraded by Raymond James (NYSE:RJF) from a “Market Perform” rating to an “Outperform” rating.

Cemex SAB de CV (CX) was upgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to a “Buy” rating.

Exane BNP Paribas initiated coverage on Aixtron AG (AIXG). They placed an “Underperform” rating on the company.

Sidoti initiated coverage on ALAMO GROUP (ALG). They placed a “Buy” rating on the company.