NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Alliance Bankshares (ABVA) was upgraded to hold at TheStreet Ratings.
Aruba Networks (ARUN) was initiated at Oppenheimer with an outperform rating. $25 price target. Several positive trends supporting revenue growth, Oppenheimer said.
Aruba Networks was initiated with a neutral rating at JP Morgan. $21 price target. Consensus estimates are fair.Commtouch Software (CTCH) was upgraded to buy at TheStreet Ratings. Occidental Petroleum (OXY) was initiated at Dahlman Rose with a buy rating. $86 price target. Following recent underperformance, risk/reward is attractive, Dahlman Rose said. Hess Corp (HES) was initiated with a hold rating at Dahlman Rose. $56 price target. Flat near-term production growth, Dahlman Rose said.
Maximus (MMS) was initiated with a buy rating at Citigroup. $75 price target. Several near-term catalysts, Citi said. Ruckus Wireless (RKUS) was initiated with an outperform rating at Oppenheimer. $23 price target. Accelerating adoption of enterprise mobility, Oppenheimer said. Ruckus Wireless was initiated with a hold rating at Deutsche Bank. $20 price target. Full valuation and increased competition, Deutsche said.
STOCK COMMENTS / EPS CHANGESAdobe Systems (ADBE) price target was raised at Jefferies. Creative cloud subscriber growth is accelerating, Jefferies said. Hold rating. FedEx (FDX) estimates were trimmed at Deutsche Bank through 2013. Impact of Sandy was offset by lower fuel costs, Deutsche said. Buy rating and $115 price target. GrafTech International (GTI) numbers were lowered at Oppenheimer. Shares are now seen reaching $11. Estimates were also lowered on steel uncertainty, Oppenheimer said. Outperform rating.
McDonald's (MCD) estimates were cut at Credit Suisse through 2014. Credit Suisse said this reflected October/November comps and slightly weaker franchise margins. $100 price target and outperform rating. AT&T (T) estimates were trimmed at JP Morgan through 2013. Higher smartphone sales and subsidies, JP Morgan said. $36 price target and overweight rating. Texas Instruments (TXN) numbers were raised at Canaccord Genuity. Shares are now seen reaching $28. Company narrowed guidance, Canaccord said. Hold rating. Texas Instruments estimates were trimmed at UBS through 2013. Fourth-quarter guidance update indicates stable, but weak business, UBS said. Neutral rating and $30 price target. >To submit a news tip, email: firstname.lastname@example.org. Follow TheStreet on Twitter and become a fan on Facebook.
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