NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Douglas Emmett (DEI) upgraded at BofA Merrill to Buy from Neutral, Bank of America Merrill Lynch said. $26 price target. Improved market view.
Lumber Liquidators (LL) downgraded at KeyBanc to Hold from Buy, KeyBanc said. Valuation call.
STOCK COMMENTS / EPS CHANGESAmerican Electric Power (AEP) target raised at Jefferies to $56, Jefferies said. PUCO price capacity. Buy rating.
Baker Hughes (BHI) numbers cut at Sterne Agee. Shares of BHI now seen reaching $47, Sterne Agee said. Estimates also lowered on weak oil prices and drop in US natural gas drilling. Buy rating.Halliburton (HAL) numbers cut at Sterne Agee. Shares of HAL now seen reaching $46, Sterne Agee said. Estimates also lowered on weak oil prices and drop in US natural gas drilling. Buy rating. Hess (HES) added to US1 List at BofA Merrill. $85 price target. Improved execution and production visibility. OGE Energy (OGE) numbers lowered at Jefferies. Shares of OGE now seen reaching $56, Jefferies said. Estimates also lowered on rate settlement. Hold rating. RockTenn (RKT) estimates cut at DA Davidson through 2012 to reflect guidance and market conditions, DA Davidson said. Buy rating and $81 price target. Riverbed Technology (RVBD) numbers cut at Think. Shares of RVBD now seen reaching $20, Think Equity said. Estimates also lowered on Euro worries and slower US ramp. Buy rating. Schlumberger (SLB) numbers cut at Sterne Agee. Shares of SLB now seen reaching $89, Sterne Agee said. Estimates also lowered on weak oil prices and drop in US natural gas drilling. Buy rating. Wynn Resorts (WYNN) estimates lowered at BMO through 2013, BMO Capital Markets said. Tough 2Q in Macau. Outperform rating and $155 price target. >To submit a news tip, email: firstname.lastname@example.org.
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