TIBCO Software (TIBX Quote - Cramer on TIBX - Stock Picks) upgraded at Jefferies:
TIBX upgraded at Jefferies. Rating raised to Hold from Underperform. 2008 EPS estimates raised to 43 cents from 39 cents. Price target raised to $7 from $6.
Zimmer Holdings (ZMH Quote - Cramer on ZMH - Stock Picks) downgraded at Thomas Weisel:
ZMH was downgraded to Market Weight from Overweight, Thomas Weisel said. ZMH is currently in a period of high spending in manufacturing, SAP implementation and spine and trauma network additions sacrificing near term profitability.
STOCK COMMENTS / EPS CHANGES
Accenture (ACN Quote - Cramer on ACN - Stock Picks) price target raised at UBS:
ACN price target raised at UBS. Price target raised to $46 from $42. Maintains 2008 EPS estimates of $2.64 and Buy rating.
Brunswick (BC Quote - Cramer on BC - Stock Picks) numbers lowered at RBC:
BC numbers lowered at RBC. Price target cut to $15 from $18 and FY09 eps estimates dip to 70 cents from 76 cents. Reiterates Sector Perform rating.
Christopher & Banks (CBK Quote - Cramer on CBK - Stock Picks) numbers lowered at RBC:
CBK numbers lowered at RBC. Price target cut to $10 from $12 and FY09 eps estimates dip to $0.55 from 72 cents. Reiterates Sector Perform rating.
Discover Financial (DFS Quote - Cramer on DFS - Stock Picks) target lowered at Goldman:
Goldman said it is trimming its price target on DFS to $15 from $17 due to slower volume growth and deterioration in credit quality. See potential earnings weakness from rising credit costs, but note favorable expense management. Maintained Neutral rating.
Corning (GLW Quote - Cramer on GLW - Stock Picks) numbers lowered at UBS:
GLW numbers lowered at UBS. Fiscal 2009 EPS estimates lowered to $1.86 from $1.90. Price target lowered to $28 from $29. Maintains Neutral rating.