Apple, DuPont: New Targets, Estimates
Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
CHANGE IN RATINGS
(ADP - Get Report) was initiated with a Hold rating at Jefferies. $53 price target. Stock is already pricing in better operating momentum, Jefferies said.
(AXE - Get Report)
was upgraded at Robert Baird from Neutral to Outperform. $88 price target. Valuation call, given better industrial demand, Baird said.
(AYI - Get Report)
was initiated with a Hold rating at Keybanc. Stock is already pricing in organic growth potential and higher margins, Keybanc said.
(CREE - Get Report)
was rated new Buy at Keybanc. $41 price target. Investor sentiment appears too low, as fundamentals could soon bottom, Keybanc said.
(DOX - Get Report)
was initiated with a Buy rating at Jefferies. $35 price target. New CEO is investing more aggressively back into the business, Jefferies said.
(GDOT - Get Report)
was started with a Hold rating at Jefferies. Stock is still not cheap and the company faces potential pricing pressure, Jefferies said. $36 price target.
was initiated with a Buy rating at UBS. $86 price target. Imminent merger with
and strong cash position, UBS said.
was initiated with a Buy rating at Bank of America/Merrill Lynch. $92 price target. Well-positioned for next generation of Internet usage, BofA/Merrill Lynch said.
was initiated with a Buy rating at Jefferies. $333 price target. Market is still not giving the company enough credit for its earnings growth potential, Jefferies said.
was upgraded at Jefferies to Buy. $27 price target. Company will likely repurchase more stock, Jefferies said.
was upgraded at KBW from Market Perform to Outperform. $39 price target. Current price provides substantial upside regardless of DBI deal, KBW said.
was upgraded at Canaccord Genuity. $38 price target. Recent supply-chain checks were positive, Canaccord Genuity said.
was initiated with a Hold rating at Jefferies. $31 price target. Company will struggle to achieve targeted sales growth, Jefferies said.
was upgraded at Duncan-Williams from Buy to Strong Buy. $50.25 price target. Company reported new contracts and is adding more drillships to its fleet, Duncan-Williams said.
was upgraded at UBS from Neutral to Buy. $34 price target. Recent pullback has rebalanced risk/reward profile, UBS said.