Analysts' Actions: EWBC MKL ROST ANN
NEW YORK (TheStreet) -- CHANGE IN RATINGS
East West Bancorp (EWBC) was downgraded at DA Davidson from Buy to Neutral. $24 price target. Company is seeing slower loan growth and yield compression, DA Davidson said.
Markel (MKL) was upgraded to Market Perform at Keefe, Bruyette & Woods. $475 price target. Company's loss reserves are improving, Keefe, Bruyette & Woods said.
Ross Stores (ROST) was upgraded from Neutral to Buy at Bank of America/Merrill Lynch. $68 price target. Company can continue to gain market share, BofA/Merrill said.
STOCK COMMENTS / EPS CHANGES
Ann (ANN) estimates, price target were raised at UBS. Shares are now seen reaching $40. Estimates were also increased, as higher sales are driving margin expansion, UBS said. Buy rating. HollyFrontier (HFC) numbers raised at Oppenheimer. Shares are now seen reaching $46. Estimates were also raised on mid-con crude advantage, Oppenheimer said. Outperform rating. Highwoods Properties (HIW) price target was lowered at Jefferies to $36. Trends somewhat mixed, Jefferies said. Hold rating. Innophos (IPHS) estimates, price target reduced at Keybanc. IPHS estimates were cut through 2013. Company has a lower outlook for GTSP, Keybanc said. Buy rating and new $63 price target. Mindray Medical (MR) numbers were raised at Oppenheimer. Shares are now seen reaching $39. Estimates also raised on conservative guidance setting stage for more beats, Oppenheimer said. Outperform rating. Williams Sonoma (WSM) numbers were increased at UBS. WSM estimates were raised through 2014. Company should see higher sales growth and better operating leverage, UBS said. Neutral rating and new $39 price target. >To submit a news tip, email: tips@thestreet.com.Follow TheStreet on Twitter and become a fan on Facebook.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
