NEW YORK ( TheStreet) -- CHANGE IN RATINGS
(AAPL - Get Report)
coverage assumed at JMP Securities with an Outperform rating.
downgraded at Deutsche to Hold from Buy.
initiated at MKM Partners with a Buy rating and $21 price target. Company is a classic retail turnaround story.
Babcock & Wilcox
initiated at KeyBanc with a Buy rating and $28 price target. Long-term E&C play on the power sector and one of the few E&C companies that owns and develops its own proprietary technologies.
(CIT - Get Report)
initiated at Barclays with an Overweight rating and $46 price target. CIT has one of the cleanest book values of any publicly traded finance company, Barclays said.
(CREE - Get Report)
resumed at Kaufman Bros with a Hold rating and $58 price target. Technology leader in their space and a pure-play on the growth in the LED market.
(KOP - Get Report)
resumed at KeyBanc with a Buy rating and $28 price target. Solid earnings growth, entrenched market position, and a healthy balance sheet.
(POT - Get Report)
downgraded at BMO Capital to Market Perform from Outperform.
downgraded at JP Morgan to Neutral from Overweight.
initiated at Madison Williams with a Buy rating.
Teekay Offshore Partners
upgraded at Citi to Buy from Hold as shuttle tankers gain steam and acquisitions offered. Price target surged to $26 from $15.
initiated at Kaufman with a Buy rating and $56 price target. Metrology sale and strong rev growth in 2010 and 2011 both positive for earnings, Kaufman said.
STOCK COMMENTS / EPS CHANGES
price target trimmed at Citi by a dollar to $33 due to lower fossil fuel power hedges and conversely higher hedged coal prices. Reiterate Hold rating.
(DG - Get Report)
estimates boosted at Citi. DG 2011 and 2012 EPS estimates increased to $1.74 and $2.08, respectively. Strong 2Q10 results driven by operating margin improvement. Maintain Buy rating.
(DG - Get Report)
estimate raised at Barclays. DG 2010 EPS estimate increased 4 cents to $1.79, 2011 held at $2.22. DG is improving its merchandise offering, boosting its gross margin, and controlling expenses. Reiterate Overweight rating.
(FORM - Get Report)
target, estimates cut at Citi. FORM price target dropped to $15 from $18 as 3Q10 results came up short of expectations. 2010 and 2011 EPS estimates lowered to -$2.28 and -$0.51, respectively. Maintain Buy rating.
2010 estimate lifted at Barclays by a penny to $2.86. O'Reilly's sales outlook remains quite favorable and this should continue for an extended period. Maintain Overweight rating.
price target cut at Barclays. WINN price target sunk to $8 from $14 on disappointing 4Q10 results. Maintain Overweight rating.