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Apache: Analysts' Upgrades, Downgrades

Lorillard (LO) estimates raised at UBS through 2011. Expect further price increases in the tobacco industry. Buy rating and $100 price target.

Masco (MAS) estimates lowered at UBS through 2011. Company is realizing higher profitability. Sell rating and $8 price target.

Meredith (MDP) price target lowered at Credit Suisse to $35 from $38. Rate base reductions support circulation thesis. Maintain Neutral rating.

McAfee (MFE) estimates, target cut at Citigroup. Shares of MFE now seen reaching $34. Estimates also lowered, given the company's currency risk. Hold rating.

Owens & Minor (OMI) numbers reduced at UBS. Shares of OMI now seen reaching $29. Estimates also cut, given lower hospital volumes. Neutral rating.

Plum Creek (PCL) target upped at UBS. PCL target was boosted to $39. Company is seeing better operating momentum. Neutral rating.

Roper Industries (ROP) estimates upped at Morgan Stanley through 2012. Company is seeing better results in the Energy and Scientific divisions. Equal-weight rating and $67 price target.

Range Resources (RRC) estimates lowered at UBS through 2011. Company is spending more on exploration. Neutral rating and $52 price target.

Sanmina-SCI (SANM) price target cut at Credit Suisse to $15 from $22. Weak 2Q10 results reveal declining operating leverage. Maintain Neutral rating.

SuccessFactors (SFSF) estimates cut at Morgan Stanley through 2011. Company is focusing on growth, rather than profitability. Equal-weight rating.

United Technologies (UTX - Get Report) estimate boosted at BofA/Merrill. UTX 2010 EPS estimate jumped to $4.85 from $4.79 on improved operating leverage and performance. Reiterate Buy rating.

Veeco Instruments (VECO - Get Report) target, estimates raised at BofA/Merrill. VECO price target increased a dollar to $65. 2011 EPS estimate increased to $5.15 on continued strength in the LED cycle. Reiterate Buy rating.

Veeco Instruments (VECO - Get Report) numbers raised at UBS. Shares of VECO now seen reaching $60. Estimates also increased, given the company's new guidance. Buy rating.

This article was written by a staff member of TheStreet.
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