NEW YORK (
CHANGE IN RATINGS
Chipotle Mexican Grill
(CMG) upgraded at Citigroup to Buy from Neutral, Citigroup said. $490 price target. Strong SSS and a long runway for growth.
Deere & Co
(DE - Get Report) downgraded at JP Morgan to Underweight from Overweight, JP Morgan said. $78 price target. Deteriorating fundamentals in the Midwest.
(DIS - Get Report) upgraded at BofA Merrill to Buy from Neutral, Bank of America Merrill Lynch said. $58 price target. Entering upward estimate revision cycle.
(DNKN - Get Report)
downgraded at JP Morgan to Neutral from Overweight, JP Morgan said. $33 price target. Valuation call.
rated new Neutral at BofA/Merrill. Valuation call, based on a $46 price target.
rated new Buy at Maxim. $70 price target. Company should continue to grow through new products and the Pharmasset acquisition.
LabCorp of America
downgraded at Piper to Neutral from Overweight, Piper Jaffray said. $96 price target. Weak employment growth could lead to slower than expected organic volume growth.
rated new Hold at Benchmark. Valuation call, based on a $6.50 price target.
upgraded at Baird from Neutral to Outperform, Robert Baird said. $54 price target. Company has strong brands and is executing well.
downgraded at Wunderlich from Buy to Hold, Wunderlich said. Valuation call, based on a $49 price target.
downgraded at Citigroup to Neutral from Buy, Citigroup said. $68 price target. More cautious 2H12 macro outlook.
downgraded at Baird from Outperform to Neutral, Robert Baird said. Valuation call, based on a $73 price target.
downgraded at BofA Merrill to Neutral from Buy, Bank of America Merrill Lynch said. $54 price target. Ongoing ratings headwinds and lack of catalysts.
downgraded at BMO from Market Perform to Underperform, BMO Capital said. Valuation call, based on a $23 price target.
STOCK COMMENTS / EPS CHANGES
(C - Get Report)
estimates raised at UBS through 2013, UBS said. Increasing confirmation of the turn around. $36 price target and Buy rating.
Citigroup target raised at Oppenheimer to $49, Oppenheimer said. Second quarter on target. Outperform rating.