NEW YORK (TheStreet) -- CHANGE IN RATINGS
Palm (PALM Quote) upgraded at Barclays to Equal Weight from Underweight on limited downside. Price target cut to $11 from $12. 2010 and 2011 EPS estimates set at -$0.26 and $0.29, respectively. Molson Coors (TAP Quote) downgraded at Goldman from Buy to Neutral. Despite low valuation, see limited upside potential, as volume trends are weak. $53 price target. Terex (TEX Quote) downgraded at Morgan Stanley from Equal-weight to Underweight. $18 price target. Company faces more headwinds than its peers, and will likely be later to recover.| Most Commented |
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STOCK COMMENTS / EPS CHANGES
Automatic Data (ADP Quote) estimates increased at Goldman through 2012. Company is realizing higher operating margins. Neutral rating and $43 price target. Agrium (AGU Quote) estimates, target cut at UBS. Shares of AGU now seen reaching $50. Estimates also lowered, to reflect a late planting season and lower price expectations. Neutral rating. Allstate (ALL Quote) estimates boosted at UBS through 2010. Sales have stabilized, and auto profitability is rising. Neutral rating and $31.50 price target. Applied Materials (AMAT Quote) estimates boosted at UBS through 2010. Company likely seeing higher silicon orders from Taiwan. Buy rating and $17 price target. Alpha Natural (ANR Quote) numbers boosted at FBR. Shares of ANR now seen reaching $54. Estimates also raised, to reflect higher met coal volumes. Outperform rating. Baker Hughes (BHI Quote) estimates lowered at Goldman through 2011. Company is seeing lower international margins. Bucyrus (BUCY Quote) estimates raised at Goldman through 2011. Visibility is improving for new equipment production. Buy rating and $62 price target.- Loading Comments...
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