TSC Staff
Pozen (POZN Quote - Cramer on POZN - Stock Picks) downgraded at Jefferies to Hold rating from Buy. Price target drops to $10 from $20, and FY 2009 eps estimates dip to ($0.76) from $0.53
Primedia (PRM Quote - Cramer on PRM - Stock Picks) upgraded at Deutsche Bank to Buy from Hold. Second quarter revenues are slightly ahead of plan. Company should see revenue tailwind from the housing downturn. Attractive dividend. $14 price target. Qwest Communications (Q Quote - Cramer on Q - Stock Picks) upgraded at Morgan Stanley from underweight to equalweight. Bankrate (RATE Quote - Cramer on RATE - Stock Picks) upgraded at Oppenheimer to Buy. $53 price target. Company posted solid growth across the board last quarter, and forward estimates have been raised. Bankrate upgraded at AG Edwards from Hold to Buy. $50 price target. The company boosted its guidance, as an improved revenue mix is helping margins. Ruddick (RDK Quote - Cramer on RDK - Stock Picks) upgraded to Buy at BB&T Capital. $36 price target. High-end grocers are better positioned to fight off rising food costs. Estimates also raised to reflect solid top-line growth. Revlon (REV Quote - Cramer on REV - Stock Picks) downgraded at Suntrust Robinson Humphrey from Buy to Neutral. Estimates cut, as the company is reportedly losing market share in the midst of a weak retail environment. Sempra Energy (SRE Quote - Cramer on SRE - Stock Picks) upgraded at Jefferies to Buy rating from Hold. Price target lifts to $65 from $63, and FY 2007 eps estimates upped to $3.95 from $3.85. Timberland (TBL Quote - Cramer on TBL - Stock Picks) upgraded at UBS to Neutral rating from Reduce. Price target holds at $26, but FY 2007 eps estimates dip to $1.11 from $1.20. Talbots (TLB Quote - Cramer on TLB - Stock Picks) downgraded at Citigroup to Sell rating from Hold. Price target drops to $16 from $22.81, and new FY 2008 eps estimates set at $0.62. Tyco (TYC Quote - Cramer on TYC - Stock Picks) upgraded at JP Morgan to Overweight. The stock offers relatively low risk and the company should be able to generate above-average earnings growth in the intermediate term. YRC Worldwide (YRCW Quote - Cramer on YRCW - Stock Picks) upgraded at Robert Baird from Underperform to Neutral. $36 price target. Stock is down 32% from February, and will likely bottom out before the fundamentals do.
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