Monday's Analysts' Upgrades and Downgrades

 

United Surgical Partners upgraded at Citigroup: Citigroup upgraded USPI to Buy from Hold and raised its price target to $34 from $30 noting that the remaining risks are mostly discounted.

Whole Foods upgraded at JP Morgan: WFMI was upgraded from Underweight to Neutral, JP Morgan said. Stock has corrected to new growth expectations, though the company is still expanding well ahead of its peers organically.

Weight Watchers upgraded at JP Morgan: WTW was upgraded from Neutral to Overweight, JP Morgan said. Stock has pulled back 29% since February, pricing in new attendance growth expectations. Growth is improving in the higher licensing and .com businesses.

STOCK COMMENTS / EPS CHANGES

Caremark price target increased at Goldman: Goldman said it is increasing its target on CMX to $61.50 from $59.50 following a better than expected second quarter earnings report. 2006 estimates increased to $2.38 based on continuing revenue growth.

DCP Midstream outlook raised at Morgan Stanley: Morgan Stanley said it is increasing its estimates on DPM to $1.32 a share from $1.14 a share. Maintained $33 target price.

TODCO outlook raised at Morgan Stanley: Morgan Stanley said it is increasing its estimates on THE for the full year to $3.11 a share from $3.04 a share. Target is $52 a share.

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