Suntrust Banks (STI) upgraded at BMO from Market Perform to Outperform, BMO Capital said. $35 price target. Estimates also boosted, as the company is improving its balance sheet.
Solarwinds (SWI) rated new Market Perform at BMO. $60 price target. Demand in the core network management software market appears to have softened.
Teco Energy (TE) downgraded at UBS to Sell from Neutral, Citigroup said. $51 price target. Estimates also cut, given lower expected production.
Weyerhaeuser (WY) downgraded at Goldman from Buy to Neutral, Goldman Sachs said. Company was also cut from the Conviction List. Valuation call, based on a $27 price target.Alleghany (Y) rated new Market Perform at JMP. Company lacks near-term catalysts. Zimmer (ZMH) upgraded at Bernstein from Market Perform to Outperform, Bernstein said. Valuation call, based on a $76 price target.
STOCK COMMENTS / EPS CHANGESAmazon.com (AMZN - Get Report) target raised at Lazard to $300, according to Lazard. New Kindle lineup can drive near-term growth. Buy rating. Cooper (COO) estimates, target increased at JP Morgan. COO estimates were raised through 2014, JP Morgan said. Company boosted its guidance. Overweight rating and new $100 price target. Snyder's-Lance (LNCE) numbers boosted at Deutsche. Shares of LNCE now seen reaching $25, according to Deutsche Bank. Estimates also upped, Snack Factory acquisition should add to earnings. Market Perform rating. QLogic (QLGC) estimates, target upped at ThinkEquity. QLGC estimates were boosted through 2014, ThinkEquity said. Mt. Rainier project could be a solid future growth driver. Hold rating and new $13 price target. Wolverine (WWW) estimates, target cut at Credit Suisse. Shares of WWW now seen reaching $48, according to Credit Suisse. Estimates also reduced, given lower realized demand. Outperform rating.
STRATEGY CALLS / MARKET CALLSS&P 500 target upped at Credit Suisse. SPX now seen reaching 1,500 by the end of 2012, Credit Suisse said. If volumes remain weak, there could be a sharp move in the markets-- likely to the upside. Also setting a mid-2013 target of 1,520. >To submit a news tip, email: firstname.lastname@example.org.
Twitter and become a fan on Facebook.