NEW YORK (TheStreet) -- CHANGE IN RATINGS
Carefusion (CFN Quote) downgraded at Morgan Stanley to Equal-weight. Valuation call, as the stock is already up 28% since its spin-off.
STOCK COMMENTS / EPS CHANGES
American Electric (AEP Quote) estimates raised at Goldman through 2012. Company is seeing higher margins and reducing its debt financing. Buy rating and $37 price target. Allergan (AGN Quote) estimates boosted at Goldman through 2013. Increased spending is paying off in higher product sales. Neutral rating and $62 price target. Allergan (AGN Quote) estimates, target raised at Citigroup. Shares of AGN now seen reaching $66. Estimates also boosted, to reflect higher product sales. Buy rating. Avon Products(AVP Quote) numbers boosted at Goldman. Shares of AVP now seen reaching $33. Estimates also raised, to reflect currency gains. Sell rating. Allegheny (AYE Quote) price target, estimates cut. Barclays lowered AYE price target to $30 from $37 on weak guidance. 2009 and 2010 EPS estimates both decreased to $2.22. Maintain Overweight rating.- Loading Comments...
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