NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Macerich (MAC) was downgraded at Bank of America/Merrill Lynch to Neutral from Buy. $62 price target. More cautious consumer, BofA/Merrill said.
Stock Comments / EPS ChangesConocoPhillips (COP) numbers were lowered at Jefferies. Shares are now seen reaching $60. Estimates were also lowered on growth only kicking in in 2013, Jefferies said. Hold rating. HB Fuller (FUL) estimates were raised at KeyBanc through 2012. Continue to see visible levers for one of the strongest earnings trajectories in specialty chemicals, Keyband said. Buy rating and $39 price target. WW Grainger (GWW) estimates were trimmed at UBS through 2013. Weaker macro data. Buy rating and $225 price target, UBS said. Informatica numbers lowered at Oppenheimer. Shares are now seen reaching $46, Oppenheimer said. Estimates were also lowered on misexecution, Oppenheimer said. Outperform rating. Informatica numbers were cut at UBS. Shares are now seen reaching $45, UBS said. Estimates were also lowered on second-quarter miss, UBS said. Buy rating. US Airways (LCC) estimates were raised at Dahlman Rose through 2012. Lower jet fuel costs, Dahlman Rose said. Hold rating. Macy's (M) estimates were lowered at BMO Capital Markets through 2013. Disappointing June comp store sales growth, BMO said. Market Perform rating and $41 price target. Oracle (ORCL) price target was raised at Oppenheimer. Shares are now seen reaching $33. Database product strategy aligned with megatrends, Oppenheimer said. Outperform rating. Seagate Technology (STX) price target was lowered at Goldman Sachs. Shares are now seen reaching $25. Negative preannouncement, Goldman said. Neutral rating. >To submit a news tip, email: firstname.lastname@example.org.
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