Rackspace Hosting (RAX) was upgraded at Wells Fargo to outperform from market perform. Earnings estimates are reasonable, and the cloud business could provide upside, Wells Fargo said. Price target range $46-$49.
STOCK COMMENTS/EPS CHANGES
Lennar (LEN) estimates were increased at JMP Securities through 2014. Company is seeing better backlog conversion and expanding margins, JMP Securities said. Market Perform rating.
Louisiana-Pacific (LPX) numbers were cut at DA Davidson. Shares are now seen reaching $16. Estimates were also reduced, given lower wood prices, DA Davidson also said. Neutral rating.>To submit a news tip, email: email@example.com. Follow TheStreet on Twitter and become a fan on Facebook.
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