Celanese (CE) estimates, target reduced at Piper. Shares of CE now seen reaching $53, according to Piper Jaffray. Estimates also cut, given weaker acetyl fundamentals. Overweight rating.
Cummins (CMI) numbers cut at UBS. Shares of CMI now seen reaching $110, UBS said. Estimates also lowered to reflect slower global outlook. Buy rating.
F5 Networks (FFIV) numbers cut at BofA/Merrill. FFIV estimates were reduced through 2013, Bank of America/Merrill Lynch said. Company could see lower government and carrier spending. Buy rating and new $130 price target.
Flir Systems (FLIR) numbers reduced at Benchmark. Shares of FLIR now seen reaching $18, according to Benchmark. Estimates also cut, given the company's new guidance. Hold rating.Google (GOOG) target raised at Oppenheimer to $752, Oppenheimer said. Expectations low heading into the quarter. Outperform rating. JB Hunt Transport Services (JBHT) numbers raised at Jefferies. Shares of JBHT now seen reaching $57, Jefferies said. Estimates also raised on earnings beat. Hold rating. JC Penney (JCP) removed from TPL! at Citigroup. JCP removed from Top Picks Live! at Citigroup. More cautious near term view that sales trends softened in 2Q12. Mattress Firm (MFRM) numbers lowered at Wedbush. MFRM estimates were cut through 2013, Wedbush said. Sales are slowing down. Outperform rating and new $38 price target. Navistar (NAV) estimates cut at UBS through 2012, UBS said. Near term demand and cost headwinds. Buy rating and $34 price target. VMWare (VMW) added to U.S. Focus List at Credit Suisse. Company is a market leader in a quickly growing market. >To submit a news tip, email: firstname.lastname@example.org.
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