American Express (AXP) upgraded at FBR from Underperform to Market Perform. $37 price target. Better credit performance could lower near-term risk.
Big Lots (BIG) upgraded at Pali from Neutral to Buy. $31 price target. Merchandising is improving, which should drive earnings higher.
Compania Buenaventura (BVN) downgraded at Merrill/BofA to Underperform from Neutral after stock's recent rally. 2009 and 2010 EPS estimates set at $2.07 and $2.77, respectively. $38 price target.Cogent (CCOI) initiated at Merrill/BofA with a Neutral rating and $13 price target. Constructive view of CCOI's competitive positioning and free cash flow generation, said Merrill/BofA. 2009 and 2010 EPS estimates set at -$0.41 and $0.00, respectively. Carefusion (CFN) rated new Market Perform at Leerink. Spin-off should help the company, but the stock is already trading at 18 times 2010 expected earnings. Amdocs (DOX) downgraded at UBS. Rating lowered to Neutral from Buy. Maintains $27 price target. Maintains 2009 EPS estimates of $1.54. Halliburton (HAL) numbers increased at Goldman to $35. Estimates also boosted, to reflect better international growth. Neutral rating. Halliburton (HAL) upgraded at Natixis to Buy. $38 price target. Estimates also raised, to reflect a modest business recovery. Southwest Airlines (LUV) downgraded at JP Morgan. Rating lowered to Underweight from Neutral. Price target lowered to $6.50 from $11.50. 2009 EPS estimates lowered to $0.10 from $0.15.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV