Symantec (SYMC) downgraded at FBR from Outperform to Market Perform, FBR Capital Markets said. $16 price target. Field checks suggest further disruption in the storage and server business.
Teledyne (TD) upgraded at Drexel Hamilton from Hold to Buy, Drexel Hamilton said. $65 price target. Fundamental visibility is improving.
STOCK COMMENTS / EPS CHANGESAmazon.com (AMZN) estimates, target reduced at JP Morgan. Shares of AMZN now seen reaching $245, according to JP Morgan. Estimates also cut, given the stronger dollar. Overweight rating.
eBay (EBAY) estimates, target lowered at JP Morgan. Shares of EBAY now seen reaching $39, according to JP Morgan. Estimates also cut, given the weaker Euro. Neutral rating.
Google (GOOG) estimates, target cut at JP Morgan. Shares of GOOG now seen reaching $670, according to JP Morgan. Estimates also reduced, given international exposure. Overweight rating.Priceline.com (PCLN) estimates, target cut at JP Morgan. Shares of PCLN now seen reaching $770, according to JP Morgan. Estimates also reduced, as 60% of bookings come from Europe. Overweight rating. Ulta (ULTA) numbers raised at Oppenheimer. Shares of ULTA now seen reaching $103, Oppenheimer said. Estimates also raised on exceptional first quarter results. Outperform rating. United Natural Foods (UNFI) numbers raised at UBS. Shares of UNFI now seen reaching $53, UBS said. Estimates also increased on solid Q3 results. Neutral rating. United Natural Foods numbers raised at Jefferies. Shares of UNFI now seen reaching $59, Jefferies said. Estimates also raised on strong report and outlook. Buy rating. Walgreen (WAG) estimates reduced at Guggenheim through 2013, Guggenheim said. Front-end sales remain weak. Buy rating and $39 price target.
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