National Oilwell Varco (NOV) was upgraded at Societe Generale from Hold to Buy. $85 price target. Stock has underperformed its peers of late, Societe Generale said.
Onyx Pharmaceuticals (ONXX) was initiated with an Outperform rating at Bernstein. $74 price target. Carfilzomib should ultimately help drive the company toward profitability, Bernstein said.
PPG Industries (PPG) was upgraded from Neutral to Buy at Bank of America/Merrill Lynch. $115 price target. Stock has pulled back, and the company should see lower raw material costs, BofA/Merrill said.
RailAmerica (RA) was downgraded at JP Morgan from Overweight to Neutral. $26 price target. Valuation call, as the stock is already up 61% on the year, JP Morgan said.Westlake Chemical (WLK) was upgraded to Neutral from Sell at UBS. $54 price target. Stock is now near its fair price, UBS said. Watson Pharmaceuticals (WPI) was upgraded at Wells Fargo from Market Perform to Outperform. Actavis acquisition should create higher earnings power, Wells said.
STOCK COMMENTS / EPS CHANGESAmerican Eagle (AEO) numbers were increased at Piper Jaffray. Company boosted its guidance, Piper Jaffray said. Overweight rating and new $24 price target. BlackRock (BLK) numbers were lowered at Citigroup. Shares are now seen reaching $180. Estimates were also lowered as secondary absorbed significant demand and few near-term catalysts, Citi said. Capital One (COF) was added to Select List at Stifel Nicolaus. Acquisitions should help boost growth, Stifel Nicolaus said. $71 price target. Eaton Vance (EV) numbers were cut at BMO. Estimates were reduced through 2013. Company is leveraged to weaker equity market performance, BMO said. Market Perform rating. Genesco (GCO) estimates, price target were raised at Sterne Agee. Estimates were boosted through 2014. Company is seeing favorable sales trends, Sterne Agee said. Buy rating and new $85 price target. Hewlett-Packard (HPQ) numbers were raised at Sterne Agee. Shares are now seen reaching $33. Estimates were also increased, as management appears to be turning the business around, Sterne Agee said. Buy rating. Newmont Mining (NEM) numbers were lowered at Jefferies. Shares are now seen reaching $46. Estimates were also lowered on skepticism over growth projects, Jefferies said. Hold rating. NetApp (NTAP) estimates, price target were reduced at Credit Suisse. Shares are now seen reaching $30. Estimates were also cut, given the company's new guidance, Credit Suisse said. Neutral rating.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV