Navistar (NAV) numbers cut at UBS. Shares of NAV now seen reaching $28, UBS said. Estimates also lowered as transition encouraging, but near term headwinds. Buy rating.
ON Semiconductor (ONNN) numbers lowered at Credit Suisse. ONNN estimates were cut through 2013, Credit Suisse said. Company is facing macro growth headwinds. Neutral rating and new $9 price target.
Och-Ziff Capital Management (OZM) added to Top Picks Live! at Citigroup. $11.50 price target. New flows might start to see multiple drivers.
Parker Hannifin (PH) numbers cut at Credit Suisse. Shares of PH now seen reaching $89, according to Credit Suisse. Estimates also reduced, as the company's guidance appears overly optimistic. Outperform rating.Quanta Services (PWR) numbers raised at Credit Suisse. Shares of PWR now seen reaching $28, according to Credit Suisse. Estimates also increased, as the gas business has rebounded. Outperform rating. RenaissanceRe Holdings (RNR) downgraded at Citigroup to Neutral from Buy, Citigroup said. $80 price target. Recent upward pricing trend less of a catalyst. Sealed Air Corp (SEE) numbers lowered at Jefferies. Shares of SEE now seen reaching $18, Jefferies said. Estimates also lowered on execution issues. Buy rating. Sealed Air numbers cut at Credit Suisse. Shares of SEE now seen reaching $15, according to Credit Suisse. Estimates also reduced, given the company's new guidance. Neutral rating.