Oracle, Kroger: Analysts' New Ratings
Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
STOCK COMMENTS / EPS CHANGES
(ARO - Get Report) estimates were lowered through 2012 at Goldman Sachs. Company is realizing lower margins and facing a higher tax rate, Goldman said. Sell rating and $25 price target.
(BKE - Get Report)
estimates were raised at Goldman Sachs through 2012. Company is seeing higher denim sales, Goldman said. Neutral rating and $35 price target.
Energy Conversion Devices
price target cut at Credit Suisse to $2.50 from $4.80 as banks freeze lending in Italy and France. Maintain Neutral rating.
(IPAR - Get Report)
price target raised at Citigroup to $20 from $18. Strong fourth-quarter results end year on positive note, Citigroup said. Maintain Hold rating.
(JCP - Get Report)
price target increased at Citigroup to $50 from $46. Same-store sales momentum will build in 2011, Citigroup said. JCP also being added to Top Picks Live. Maintain Buy rating.
estimates, target reduced at Goldman Sachs. Shares now seen reaching $23, according to Goldman Sachs. Estimates also lowered, given lower sales/trading trends. Sell rating.
numbers raised at UBS. Shares now seen reaching $34. Estimates also increased, as the company is seeing higher production volumes, UBS said. Buy rating.
estimates changed at Credit Suisse. 2011 EPS estimate raised to $1.30. 2012 EPS estimate lowered to $1.27. Weak earnings report but growth ahead, Credit Suisse said. Maintain Neutral rating and $14 price target.
estimates upped through 2012 at Morgan Stanley. Company should continue to benefit from strong market fundamentals, Morgan Stanley said. Equal-weight rating.
price target raised at Citigroup to $31 from $29. First-quarter outlook mitigates optical concerns, Citigroup said. Maintain Buy rating.
estimates increased at Goldman Sachs through 2013. Company is facing lower interest costs and buying back stock, Goldman said. Buy rating.
price target raised at Citigroup to $50 from $46. Automotive remains in gear and ADC acquisition is on track, Citigroup said. Maintain Buy rating.