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Analysts' Actions: GRPN RIMM JCP LUV PANW

Elan Corp PLC (ELN) target lowered at Jefferies $15, Jefferies said. Uncertainty remains around non-Tysabri issues. Buy rating.

First Horizon National (FHN) numbers raised at Jefferies. Shares of FHN now seen reaching $9.50, Jefferies said. Estimates also raised on expense saves. Hold rating.

Groupon (GRPN - Get Report) estimates, target cut at Credit Suisse. Shares of GRPN now seen reaching $11, according to Credit Suisse. Estimates also reduced, given slower realized growth. Neutral rating.

JC Penney (JCP - Get Report) numbers lowered at UBS. Shares of JCP now seen reaching $23, UBS said. Estimates also lowered on 2Q SSS and EPS miss. Neutral rating.

Research in Motion (RIMM) target cut at UBS to $9.50, UBS said. Lack of near term catalysts. Neutral rating.

Scotts Miracle-Gro (SMG) numbers cut at BMO. SMG estimates were reduced through 2013, BMO Capital said. Company is seeing slower international growth. Market Perform rating and new $38 price target.

Tesoro Corporation (TSO) numbers raised at Oppenheimer. Shares of TSO now seen reaching $50, Oppenheimer said. Estimates also raised on acquisition. Outperform rating.

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SYM TRADE IT LAST %CHG
GRPN $7.02 -2.70%
JCP $8.90 5.83%
LUV $43.47 -1.90%
PANW $141.64 -3.00%
YHOO $44.13 -0.69%

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DOW 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

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