Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
CHANGE IN RATINGS, EPS
(ACN - Get Report)
estimates lowered at Goldman through 2013. Currency changes will likely weigh on earnings. Buy rating and $60 price target.
rated new Buy at UBS. $29 price target. Attractive mid to high teens ROE in a low growth environment. Buy rating.
rated new Neutral at UBS. $17 price target. Outsized exposure to 30 yr fixed mortgage rates raises prepayment risk.
(ADM - Get Report)
rated new Neutral at Goldman. $30 price target. Company is facing a sharp earnings decline in 2012.
estimates, target lowered at Credit Suisse. Shares of KMX now seen reaching $36. Estimates also cut, given recent pricing pressure. Outperform rating.
target lowered at Morgan Stanley to $48. Cisco's hub transition appears to be happening sooner than expected. Overweight rating.
Cavium Networks downgraded at Deutsche Bank from Buy to Hold. $30 price target. Concerned about near term demand trends and inventory draw downs.
Cavium Networks estimates, target lowered at UBS. Shares of CAVM now seen reaching $37. Estimates also lowered as macro and company issues weigh on 3Q. Buy rating.
(CBS - Get Report)
target lowered at Kaufman to $27. Syndication revenue could be delayed. Buy rating.
upgraded at Goldman to Buy. New products should continue to drive near-term growth.
Discover Financial Services
estimates raised at Evercore to 2012. While beat was mainly driven by improved credit, top line drivers also looked good. Maintain $27 price target and Equal-Weight rating.
Discover Financial Services estimates raised at Sterne Agee through 2013. Expecting only a modest decline in NCOs and will likely see some up tick in NCOs in September or October. Maintain $30 price target and Buy rating.
(DLTR - Get Report)
target boosted at Credit Suisse to $65. Company can leverage growth based on its recent investments. Neutral rating.
Dollar Tree estimates, target increased at Jefferies. Shares of DLTR now seen reaching $86. Estimates also raised on strong relative top line growth and its defensive profile. Buy rating.
rated new Outperform at FBR Capital Market. $41 price target. Company has an attractive regulated utility operation.