This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
NEW YORK (
CHANGE IN RATINGSAdvent Software(ADVS) was downgraded at JMP Securities from outperform to market perform. Company is facing near-term demand uncertainty, JMP said.
Baidu.com(BIDU - Get Report) was downgraded at Citigroup from buy to sell. $95.10 price target. Company is seeing lower sales, Citi said.
Copart(CPRT) was upgraded at Robert Baird from neutral to outperform. $33 price target. Company should benefit from auction of salvage vehicles, Robert Baird said.
Ford(F - Get Report) was upgraded at Craig Hallum to buy from hold. $14 price target. Company is seeing higher growth in North America, Hallum said.
ITC(ITC) was initiated with a neutral rating at UBS. $81 price target. Company faces regulatory headwinds, UBS said.
Nanometrics(NANO) was upgraded at JP Morgan to overweight.
Old Dominion(ODFL) was initiated with a buy rating at Goldman Sachs. $40 price target. Company was also placed on the Conviction List, Goldman said. Pullback has created an attractive entry point, Goldman added.
MetroPCS(PCS) was downgraded at Deutsche Bank from buy to hold. $11 price target. Company is unlikely to receive a competing bid, Deutsche said.
Riverbed Technology(RVBD) was downgraded at Jefferies from hold to underperform. $16.25 price target. Company is paying a premium for
Opnet, Jefferies said.
Riverbed was downgraded at Robert Baird from outperform to neutral. $24 price target. Company is leveraged to a weaker macro outlook, Baird said.
Western Union(WU - Get Report) was downgraded at William Blair to market perform. Mexico business is slowing down, Blair said.
Western Union was downgraded at DA Davidson to underperform. $15 price target. Company is facing economic, regulatory and competitive pressure, DA Davidson said.
STOCK COMMENTS / EPS CHANGES
Davita(DVA) numbers were boosted at BofA/Merrill. Shares are now seen reaching $134. Estimates also upped, as the recent acquisition should add to earnings, BofA/Merrill said. Buy rating.
Ford estimates, price target were raised at UBS. Shares are now seen reaching $15. Estimates were also increased, given the company's new guidance, UBS said. Buy rating.
JDS Uniphase(JDSU) numbers were cut at UBS. Estimates were reduced through 2014. Company has limited near-term visibility, UBS said. Buy rating and new $13 price target.