CHANGE IN RATINGS
(ALL - Get Report)
downgraded at Wachovia from Outperform to Market Perform. Fundamentals are deteriorating in the company's personal insurance lines.
upgraded to Buy at Suntrust, Robinson Humphrey. Non-residential construction was likely strong in the third quarter, and near-term earnings risk is already priced into the stock.
downgraded at UBS to Neutral rating from Buy. FY 2008 EPS estimates hold at $0.43 while price target lifts to $14.50 from $14.00.
Chipotle Mexican Grill
downgraded at Baird to Neutral rating from Outperform. However, price target upped to $135 from $120.
upgraded at Credit Suisse to Outperform from Neutral based on valuation and positive meeting with management. Raised target price to $20 from $18.
(DDE - Get Report)
upgraded at Jefferies to Buy rating from Hold. However, FY 2008 EPS estimates dip to $0.81 from $0.82 and price target holds at $14.
downgraded at Citigroup to Hold rating from Buy. FY 2008 EPS estimates hold at $1.41 while price target upped to $36 from $33.
initiated at UBS with Neutral rating. Price target starts at $18 and FY 2008 EPS estimates set at $0.60.
(HES - Get Report)
downgraded from Outperform to Market Perform at Friedman, Billings Ramsey. Crude prices should pull back 10% from record levels.