Analyst action: Hospitals, Kirkland's

Chris Rigg at Susquehanna Financial dinged shares of LifePoint Hospitals and Vanguard Health Systems Wednesday morning, downgrading them both to 'neutral' from positive.' But the call's effect was short lived: Vanguard (Ticker: VHS) initially was down some 8 percent but has clawed its way back. LifePoint (Ticker: LPNT) opened down more than 2 percent and is only slightly in the red heading toward the last hour of trading.

Wedbush analyst Joan Storms says home goods retailer Kirkland's can grow its numbers if it can avoid merchandise misses and if the broader economy cooperates. She has launched coverage of the company's shares (Ticker: KIRK) with a 'neutral' rating and a $12 price target. The stock is down almost 20 percent this year.