Netgear (NTGR) was downgraded at Goldman Sachs to sell from neutral. $28 price target. Domestic WLAN retail market is in a secular decline, Goldman said.
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: firstname.lastname@example.org. Follow TheStreet on Twitter and become a fan on Facebook.
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