This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Analysts' Actions: ADBE HOLX JNJ SNI TWTC

Stocks in this article: ADBEHOLXJNJSNITWTC

NEW YORK ( TheStreet) -- CHANGE IN RATINGS

Adobe (ADBE) was upgraded at FBR Capital Markets to market perform from underperform. Negative catalysts have already played out, FBR Capital Markets said.

BorgWarner (BWA) was upgraded at Robert Baird to outperform from neutral. $107 price target. Earnings growth is set to accelerate, Baird said.

BRT Realty Trust (BRT) was upgraded to hold at TheStreet Ratings.

FMC Technologies (FTI) was downgraded at Bank of America/Merrill Lynch to neutral from buy. Price target is $62. Slowing growth and the potential loss of the Block 32 project could hurt future earnings, BofA/Merrill Lynch said.

Hologic (HOLX) was downgraded at Piper Jaffray to neutral from overweight. Legacy mammography business should be a drag on growth, Piper Jaffray said. $21 price target.

Iteris (ITI) was upgraded to buy at TheStreet Ratings.

Johnson & Johnson (JNJ) was downgraded at Deutsche Bank to neutral from buy. Price target is $93. Major catalysts and improving fundamentals have been priced into the stock, Deutsche Bank said.

Medivation (MDVN) was upgraded at UBS to buy from neutral and given a $74 price target, said UBS. The upgrade comes ahead of the ph3 PREVAIL study, UBS said.

Packaging Corp. (PKG) was downgraded at BMO Capital to market perform from outperform. Price target was increased to $55. Stock is trading at a premium to its seven-year average and the majority of its competition, BMO Capital said.

Scripps (SNI) was downgraded at Wunderlich to hold from buy. Valuation call, based on a $77 price target, Wunderlich said.

Time Warner Telecom (TWTC) was downgraded at Deutsche Bank to hold from buy. Valuation call, Deutsche Bank said.

STOCK COMMENTS/EPS CHANGES

Comerica (CMA) numbers were raised at BMO Capital Markets. Shares are now seen reaching $41. Estimates were also increased on the beat in the second quarter of 2013 as well as lower provision expense, BMO Capital Markets said.

Comerica estimates, price target were upped at Jefferies. Estimates were raised through 2014. Company is seeing lower provision expenses, Jefferies said. Hold rating and new $42 price target.

Salesforce.com (CRM) estimates were reduced at Citigroup. Reflects the ExactTarget acquisition, said Citigroup.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,383.74 +188.32 1.10%
S&P 500 0.00 -2.75 -0.14%
NASDAQ 4,633.8180 +67.68 1.48%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs