Transocean (RIG) rated new Perform at Oppenheimer. Sentiment may be more positive than the actual fundamental outlook.
Raymond James (RJF) downgraded at Pali from Buy to Neutral. Valuation call, as the stock is up 40% since June 11.RadioShack (RSH) upgraded at Morgan Stanley to Overweight from Equal-Weight on wireless stabilization, rent reductions and balance sheet incentives. 2009 and 2010 EPS estimates set at $1.55 and $1.65, respectively. Price target boosted to $21. Starent Networks (STAR) upgraded at Barclays to Overweight from Equal Weight on signs that healthy demand will fuel solid 2010 growth. 2009 and 2010 EPS estimates set at $0.80 and $0.95, respectively. Price target boosted to $29 from $24. Tiffany (TIF) upgraded at Credit Suisse to Outperform from Neutral. Price target surged to $45 from $20. 2010 and 2011 EPS estimates increased to $1.83 from $1.57 and to $2.27 from $1.61, respectively Time Warner (TWX) upgraded at Goldman from Neutral to Conviction Buy. $33.50 price target. Company should benefit from a stronger rebound in national advertising. United Airlines (UAUA) upgraded at JP Morgan. Rating raised to Overweight from Underweight. Establishes $13 price target. Raises 2009 EPS estimates to -$10.17 from -$12.64.