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) 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) 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. >To submit a news tip, email: email@example.com.
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