Updated from 8:44 am with stock comments and EPS changes.
NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Barrick Gold (ABX) was downgraded to hold at TheStreet Ratings.
Diamond Foods (DMND) was downgraded to underperform from hold at Jefferies. $10 price target. Lack of visibility following earnings restatement, Jefferies said.Starwood Hotels (HOT) was initiated at Jefferies with a buy rating. $59 price target. Structural growth opportunities for franchisers in Europe and the emerging markets, Jefferies said. Marriott International (MAR) was initiated at Jefferies with a hold rating. $34 price target. Slowing growth in the U.S., Jefferies said. Altria (MO) was upgraded at UBS to buy from neutral. $36 price target. Positive signals emerging and suggests MO is focused on price realization, UBS said. New Jersey Resources (NJR) was downgraded to hold at TheStreet Ratings. Sina (SINA) was downgraded at Citigroup to sell from buy. $45 price target. Weak guidance and portal mobile headwinds, Citigroup said. Williams Sonoma (WSM) was upgraded at Bank of America/Merrill Lynch to buy from underperform. $50 price target. Multiple new brand and product growth drivers, BofA/Merrill said.
STOCK COMMENTS / EPS CHANGESApple (AAPL) numbers cut at BofA. Shares of AAPL now seen reaching $780, Bank of America Merrill Lynch said. Estimates also lowered on investors locking in profits and potential tax law changes. Buy rating. Best Buy (BBY) target cut at UBS to $14.50, UBS said. Smaller Black Friday promotion assortment. Neutral rating. Berry Petroleum (BRY) numbers lowered at KeyBanc. Shares of BRY now seen reaching $55, KeyBanc said. Estimates also lowered on no significant catalysts. Buy rating. Cyberonics (CYBX) numbers raised at Canaccord. Shares of CYBX now seen reaching $57, Canaccord said. Estimates also raised on a record quarter. Buy rating. Foot Locker (FL) estimates increased at Citigroup. FL estimates raised through 2014, Citigroup said. Company continues to deliver with an other high quality beat. Buy rating and $41 price target. Foot Locker numbers raised at UBS. Shares of FL now seen reaching $41, UBS said. Estimates also increased on strong Q4. Buy rating. Hibbett Sports (HIBB) numbers raised at Canaccord. Shares of HIBB now seen reaching $56, Canaccord said. Estimates also raised on good results. Hold rating. Helmerich & Payne (HP) numbers raised at Jefferies. Shares of HP now seen reaching $59, Jefferies said. Estimates also raised on cost control success. Buy rating.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV