NEW YORK (
CHANGE IN RATINGS
downgraded at BofA/Merrill to Underperform, Bank of America/Merrill Lynch said. $15 price target. Company is seeing lower domestic spending and facing increased regulatory pressure.
upgraded at Guggenheim from Neutral to Buy, Guggenheim said. $57 price target. Company continues to reinvest free cash flow back into its fleet.
rated new Buy at Lazard. $69 price target. Copany has good visibility and should deliver solid offshore growth.
rated new Outperform at Credit Suisse. $74 price target. Oil sands projects should help drive near-term growth.
downgraded at BofA/Merrill to Neutral, Bank of America/Merrill Lynch said. Valuation call, based on a $59 price target.
FMC Technologies rated new Buy at Lazard. $60 price target. Company can continue to deliver record subsea results.
(PFE - Get Report)
rated new Outperform at BMO. $30 price target. Company offers stability in uncertain times.
rated new Neutral at Credit Suisse. Valuation call, based on a $45 price target.
downgraded at Oppenheimer to Perform from Outperform, Oppenheimer said. Not sure margin expansion is possible in 2013.
STOCK COMMENTS / EPS CHANGES
estimates, target upped at Credit Suisse. ACN estimates were boosted through 2015, Credit Suisse said. Company is seeing higher bookings and buying back stock. Neutral rating and new $70 price target.
Accenture target raised at Jefferies. Shares of ACN now seen reaching $66, Jefferies said. Solid quarter and outlook. Hold rating.
(CAT - Get Report)
estimates trimmed at Citigroup through 2013, Citigroup said. Slower global growth, beyond mining. $92 price target and Neutral rating.
estimates, target cut at Credit Suisse. Shares of CPHD now seen reaching $41, according to Credit Suisse. Estimates also reduced, as growth is decelerating. Outperform rating.
(CSCO - Get Report)
estimates increased at Morgan Stanley through 2014, Morgan Stanley said. Checks show that domestic demand continues to improve. Overweight rating and $22 price target.
estimates cut at UBS through 2012, UBS said. Coatings segment earnings now treated as discontinued operations. Neutral rating and $55 price target.