This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Analysts' Actions: AVY BMS GIS JWN XEL

NEW YORK ( TheStreet) -- CHANGE IN RATINGS

Avery Dennison (AVY - Get Report) was upgraded at Bank of America/Merrill Lynch to buy from neutral. $52 price target. Favor more offensive names in the sector, BofA/Merrill said.

Bemis (BMS - Get Report) was downgraded at BofA/Merrill to underperform from buy. Valuation call, based on a $44 price target, BofA/Merrill said.

FAB Universal (FU) was upgraded to hold at TheStreet Ratings.

Gilat Satellite (GILT) was downgraded to sell at TheStreet Ratings.

General Mills (GIS - Get Report) was downgraded at Jefferies to underperform from hold. $44 price target. Weaker outlook at a high price, Jefferies said.

Nordstrom (JWN - Get Report) was downgraded at Sterne Agee to neutral. Company is investing more in future growth, but domestic consumer activity remains choppy, Sterne Agee said. $62 price target.

[Read: <a target="blank" data-add-tracking="true" href="http://www.thestreet.com/story/12010695/1/marissa-mayer-please-dont-screw-up-yahoo-finance.html"><em>Marissa Mayer, Please Don't Screw Up Yahoo! Finance</em></a>]

Pandora (P) was upgraded at Goldman Sachs to buy from neutral. $27 price target. Mobile ad RPM and subscription revenue growth are accelerating, Goldman said.

Xcel Energy (XEL - Get Report) was initiated with a neutral rating at UBS. $30 price target. Growth opportunities are slowing, UBS said.

[Read: <a target="blank" data-add-tracking="true" href="http://www.thestreet.com/story/12010564/1/qualcomms-still-the-best-way-to-play-chips.html?kval=dontmiss"><em>Qualcomm's Still the Best Way to Play Chips</em></a>]

Stock Comments / EPS Changes

Applied Materials (AMAT) estimates were cut at UBS through 2014. Company is facing gross margins headwinds, UBS said. Neutral rating and $15 price target.

Aspen Technology (AZPN) numbers were raised at Benchmark. Shares are now seen reaching $38. Estimates were also increased, as the company has a lot of earnings momentum, Benchmark said. Buy rating.

Dick's Sporting Goods (DKS) estimates were lowered at J.P. Morgan. Estimates were lowered through 2013. Expecting the third consecutive quarter of lower-than-forecasted same store sales growth, J.P. Morgan said. $60 price target and overweight rating.

[Read: <a target="blank" data-add-tracking="true" href="http://www.mainstreet.com/article/career/i-cant-go-back-cubicle-life"><em>I Can't Go Back to Cubicle Life</em></a>]

Wal-Mart (WMT) estimates, price target were reduced at UBS through 2015. Estimates were cut through 2015. Company is seeing weaker grocery sales, UBS said. Buy rating and new $88 price target.

Wal-Mart numbers were cut at Jefferies. Shares are now seen reaching $86. Estimates were also lowered on weak quarterly results, Jefferies said. Buy rating.

>To submit a news tip, email: tips@thestreet.com.

Follow TheStreet on Twitter and become a fan on Facebook.
This article was written by a staff member of TheStreet.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
BMS $44.57 0.00%
AVY $60.85 0.00%
GIS $58.21 0.00%
JWN $76.31 0.00%
XEL $34.67 0.00%

Markets

Chart of I:DJI
DOW 17,689.86 -56.12 -0.32%
S&P 500 2,103.84 -4.79 -0.23%
NASDAQ 5,128.2810 -0.5040 -0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs