NEW YORK (TheStreet) -- CHANGE IN RATINGS
Palm (PALM) 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) downgraded at Goldman from Buy to Neutral. Despite low valuation, see limited upside potential, as volume trends are weak. $53 price target. Terex (TEX) 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) estimates increased at Goldman through 2012. Company is realizing higher operating margins. Neutral rating and $43 price target. Agrium (AGU) 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) estimates boosted at UBS through 2010. Sales have stabilized, and auto profitability is rising. Neutral rating and $31.50 price target. Applied Materials (AMAT) estimates boosted at UBS through 2010. Company likely seeing higher silicon orders from Taiwan. Buy rating and $17 price target. Alpha Natural (ANR) 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) estimates lowered at Goldman through 2011. Company is seeing lower international margins. Bucyrus (BUCY) estimates raised at Goldman through 2011. Visibility is improving for new equipment production. Buy rating and $62 price target.TheStreet Premium Services For Personal Service: 877-471-2967
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 12,801.23 | 1,342.64 | 2,903.88 | 19.69 |
Oil *
117.67
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89.23 |
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9.31 |
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23.35 |
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0.78 |
10 Yr
1.97%
SPDR Gold
167.14
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-0.69%
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-0.69%
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-0.80%
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-3.81%
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