KKR (KKR) price target raised at Citi to $26 to reflect balance sheet opportunity and a bullish outlook for Alternatives, said Citigroup.
L Brands (LTD) price target and estimates raised at Credit Suisse. LTD earnings estimates were increased as expense discipline is expected to protect margins, said Credit Suisse. Price target goes to $56.
Marvell Technologies (MRVL) estimates reduced at UBS to reflect limited viability in the wireless business, said UBS.
Pandora (P) estimates, target boosted at Piper. Shares of P now seen reaching $24, according to Piper Jaffray. Estimates also upped, as the company is seeing better monetization. Overweight rating.
Pandora numbers raised at Credit Suisse. Shares of P now seen reaching $16, Credit Suisse said. Estimates also increased as heaviest users become paying users. Neutral rating.PulteGroup (PHM) numbers upped at Sterne Agee. PHM estimates were boosted through 2014, Sterne Agee said. Company has pricing power and a group of solid buyers. Buy rating and new $32 price target. Ralph Lauren (RL) estimates reduced at UBS to reflect conservative initial FY14 revenue guidance which reflect lost licensed revenue, said UBS. Ross Stores (ROST) numbers raised at Sterne Agee. Shares of ROST now seen reaching $72, according to Sterne Agee. Estimates also increased, as the company continues to execute well. Neutral rating. Sears Holding (SHLD) estimates cut at Credit Suisse, given weak margins and productivity, as well as the removal of SHOS, said Credit Suisse. Weatherford (WFT) estimates, target increased at Cowen. WFT estimates were raised through 2014, Cowen said. Company is realizing higher margins and paying a lower tax rate. Buy rating and new $19 price target. Williams-Sonoma (WSM) price target and estimates raised at UBS. WSM earnings estimates were increased given sales strength across concepts, said UBS. Price target goes to $56.
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