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Citi, Activision: New Targets, Estimates

PPL (PPL) estimates reduced at UBS. PPL estimates were cut through 2012, UBS said. Company is increasing its capital spending. Neutral rating and $28 price target.

Rackspace Hosting (RAX) price target increased at Credit Suisse to $50 from $42. Growth and investment increases as transition continues, Credit Suisse said. Maintain Outperform rating.

Rackspace (RAX) estimates reduced at Oppenheimer. RAX estimates were cut through 2012, Oppenheimer said. Company is investing in its future growth. Perform rating.

Rosetta Resources (ROSE) price target boosted at Credit Suisse to $62 from $57. Rising the bar in the Eagle Ford, Credit Suisse said. Maintain Outperform rating.

ServiceSource (SREV) numbers boosted at Morgan Stanley. Shares of SREV now seen reaching $17.50, according to Morgan Stanley. Estimates also upped, as the company is attracting more assets. Outperform rating.

Sysco (SYY) estimates increased at Morgan Stanley through 2013, Morgan Stanley said. Company is seeing volumes recover. Equal-weight rating.

Tesla Motors (TSLA) estimates upped at Morgan Stanley through 2013, Morgan Stanley said. Higher sales are improving margins. Outperform rating and $70 price target.

Westinghouse Air Brake (WAB) numbers upped at Keybanc. WAB estimates were boosted through 2013, Keybanc said. Domestic freightcar and transit markets are improving. Buy rating and new $75 price target.

End of report.

This article was written by a staff member of TheStreet.
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