Annaly Capital (NLY) was downgraded to hold at TheStreet Ratings.
Regeneron (REGN) was upgraded at Piper Jaffray to overweight from neutral. $274 price target. EYLEA should continue to drive near-term growth, Piper Jaffray said.
Steel Dynamics (STLD) was upgraded at Wells Fargo to outperform. Stronger spot sheet prices and declining input costs, said Wells Fargo. Price target range goes to $17-$19.
Tyco International (TYC) was upgraded at Morgan Stanley to overweight. Self-help initiatives and industry growth expectations, said Morgan Stanley. Price target goes to $39.Valero Energy (VLO) was downgraded at J.P. Morgan to underweight from neutral. $39 price target. Near-term headwinds from weaker second-half stock performance and weaker Brent WTi differential, J.P. Morgan said. United Microelectronics (UMC) was upgraded to buy at TheStreet Ratings. WhiteWave Foods (WWAV) was upgraded at Morgan Stanley to overweight from equal weight. $19 price target. Recent stock weakness offers a compelling entry point in U.S. food, Morgan Stanley said.
STOCK COMMENTS/EPS CHANGESBlackberry numbers were cut at UBS. Earnings estimates were reduced given subscriber losses and weak metrics, said UBS. Price target is $10. Cisco Systems (CSCO) numbers were raised at Piper Jaffray. Shares are now seen reaching $28. Estimates were also increased, as the company appears to be gaining momentum in core markets, Piper Jaffray said. Overweight rating. Monster Beverage (MNST) numbers were raised at Morgan Stanley. Earnings estimates were raised given recent scanner/shipment data, said Morgan Stanley. Price target goes to $70. >To submit a news tip, email: firstname.lastname@example.org. Follow TheStreet on Twitter and become a fan on Facebook.
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