LyondellBasell (LYB) was downgraded at Goldman Sachs to neutral. Valuation call, as the stock has made a good run, Goldman said.
Regeneron (REGN) was initiated with an outperform rating at Credit Suisse. $187 price target. Company has a solid pipeline and a potential blockbuster with Eylea, Credit Suisse said.
Seadrill Partners (SDLP) was initiated with a buy rating at Citigroup. $30 price target. Cash distributions could grow as new assets are acquired, Citi said.
Seattle Genetics (SGEN) was initiated with an outperform rating at Credit Suisse. $28 price target. Company is a market leader and can continue to grow, Credit Suisse said.Stratasys (SSYS) was upgraded at Piper Jaffray from neutral to overweight. $76 price target. Company is seeing strong secular growth trends, Piper Jaffray said. VMware (VMW) was initiated with a hold rating at Craig-Hallum. $94 price target. Company could face increased competition from OpenStack, Craig-Hallum said.
STOCK COMMENTS / EPS CHANGESHologic (HOLX) numbers trimmed at Citigroup. Shares of HOLX now seen reaching $24, Citigroup said. Estimates also lowered on weaker than expected guidance. Buy rating. Invesco (IVZ) numbers cut at Citigroup. Shares of IVZ now seen reaching $27.50, Citigroup said. Estimates also lowered as October AUM in line, but equities remain sluggish. JC Penney (JCP) numbers reduced at Nomura. JCP estimates were cut through 2013, Nomura said. Lower sales are cutting into margins. Neutral rating. Marvell Technology (MRVL) estimates cut at UBS through 2014, UBS said. Expected storage, wireless softness into year end. Neutral rating and $9 price target. Weatherford (WFT) estimates, target cut at Guggenheim. Shares of WFT now seen reaching $12, according to Guggenheim. Estimates also reduced, given the company's new guidance. Neutral rating. Williams Sonoma (WSM) target raised at UBS to $47, UBS said. Expecting solid results with good momentum moving into 4Q. Neutral rating. >To submit a news tip, email: email@example.com.
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