VMWare (VMW) upgraded at Mizuho from Neutral to Buy, Mizuho said. $107 price target. Recent correction has created an attractive buying point.
Vera Bradley (VRA) downgraded at Jefferies to Hold from Buy, Jefferies said. $25 price target. Slowing sales and stagnant margins.
Zynga (ZNGA) upgraded at Sterne Agee from Underperform to Neutral, Sterne Agee said. Valuation call.
STOCK COMMENTS / EPS CHANGESBroadcom (BRCM) added to Top Picks Live at Citi. Chip stocks are down, but the company remains leveraged to the new iPhone cycle. Buy rating and $45 price target.
BorgWarner (BWA) numbers lowered at Jefferies. Shares of BWA now seen reaching $81, Jefferies said. Estimates also lowered on cyclical pressures. Hold rating.Blackstone (BX) added to Conviction Buy List at Goldman. Company has diverse strategies and should attract more assets. $16 price target. Flowers Foods (FLO) numbers raised at BMO. Shares of FLO now seen reaching $22, according to BMO Capital. Estimates also increased, as the Lepage purchase should add to earnings. Market Perform rating. Gannett (GCI) estimates, target cut at UBS. GCI estimates were reduced through 2013, UBS said. Print trends remain sluggish. Neutral rating and new $13.50 price target. Joy Global (JOY) numbers cut at BMO. Shares of JOY now seen reaching $90, according to BMO Capital. Estimates also reduced, as the company is paying higher taxes. Joy Global numbers lowered at Jefferies. Shares of JOY now seen reaching $60, Jefferies said. Estimates also lowered on weaker order trends. Hold rating. McDonald's (MCD) estimates, target reduced at Goldman. MCD estimates were cut through 2014, Goldman Sachs said. Company is leveraged to a stronger dollar. Buy rating and new $100 price target. Procter & Gamble (PG) numbers cut at Citi. Shares of PG now seen reaching $70, according to Citigroup. Estimates also reduced, given aggressive pricing actions. Buy rating. >To submit a news tip, email: firstname.lastname@example.org.
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