Exelis (ELS) was initiated with a Neutral rating and $12 price target at Credit Suisse. Sales will likely bottom out before its peers.
STOCK COMMENTS / EPS CHANGESAxis Capital (AXS) estimates lowered through 2012 at UBS. Sandy loss larger than expected. Buy rating and $40 price target. ConAgra Foods (CAG) numbers raised at Citigroup. Shares of CAG now seen reaching $35, Citigroup said. Estimates also increased as volume trends improving. Buy rating. Carter's (CRI) numbers raised at Citigroup. Shares of CRI now seen reaching $64, Citigroup said. Estimates also increased as supply chain restructuring an underestimated catalyst for 2013. Buy rating. Halliburton (HAL) numbers lowered at Jefferies. Shares of HAL now seen reaching $42, Jefferies said. Estimates also lowered on North American conservatism. Buy rating. Principal Financial (PFG) was placed on the US 1 list at Bank of America/Merrill Lynch said. Company offers value with low earnings risk. Buy rating and $38 price target.
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