Google: Analyst Upgrades, Downgrades

Goldman Sachs (GS) estimates higher at Barclays. GS 2010 and 2011 EPS estimates raised to $17.91 and $20.15, respectively. GS 4Q09 EPS well past estimates. Reiterate Equal Weight rating and $195 price target.

Goldman Sachs (GS) estimates, target lowered at FBR. Shares of GS now seen reaching $190. Estimates also cut, as trading revenue faces headwinds in 2010. Outperform rating.

Legg Mason (LM) estimates lower at Barclays. 2010 and 2011 EPS estimates go to $1.28 and $1.63, respectively. Accelerating outflows cause concern. Maintain Equal Weight rating and $29 price target.

Oracle (OCRL) estimates, target boosted at Goldman. ORCL estimates were raised through 2012. Sun deal has been approved, and will add to earnings. Buy rating and new $30 price target.

Occidental Pet. (OXY) added to Conviction Buy List at Goldman. Stock replaces PBE, based on valuation. OXY also has good visibility for organic production growth.

Precision Castparts (PCP) numbers lowered at Goldman. PCP estimates were cut through 2012. Company guided toward a delayed turnaround in demand. Neutral rating and new $126 price target.

Raymond James (RJF) numbers boosted at FBR. Shares of RJF now seen reaching $27. Estimates also raised, to reflect improving business fundamentals. Market Perform rating.

VMware (VMW) estimates higher at Barclays. VMW 2009 and 2010 EPS estimate boosted to $0.96 and $1.15, respectively. Expecting strong 4Q09 results. Maintain Equal Weigh rating and $41 price target.

Western Digital (WDC) numbers increased at UBS. Shares of WDC now seen reaching $55. Estimates also boosted, as the company continues to expand margins. Buy rating.

US Steel (X) cut from Conviction Buy List at Goldman. Domestic steel prices could roll over in the near term.

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