Towers Watson (TW) was downgraded at Deutsche Bank to hold from buy. Valuation call, based on a $93 price target, Deutsche Bank said.
VF Corp. (VFC) was downgraded at Credit Suisse to neutral from outperform. $208 price target. Core demand appears weak, especially in the U.S., Credit Suisse said.
Stock Comments/EPS Changes
Assured Guaranty (AGO) estimates were cut at UBS. Earnings estimates were reduced given the company's exposure to Detroit, said UBS. Price target is $28.
Baker Hughes (BHI) earnings estimates were cut at UBS. Estimates were reduced on the miss in Latin America, said UBS. Price target is $50.Rockwell Collins (COL) numbers were boosted at Credit Suisse. Shares are now seen reaching $78. Estimates were also increased, given the company's new guidance, Credit Suisse said. Outperform rating. City National (CYN) estimates were raised at UBS. Wealth-management strength and loan growth, UBS said. Price target is $74. Federated Investors (FII) estimates were reduced at Citigroup. Estimates were cut to reflect deeper money market fee waivers and weak FI flows, Citi said. Price target upped to $34. Honeywell (HON) numbers were raised at UBS. Earnings estimates were raised given new guidance, said UBS. Price target goes to $82. Ingersoll-Rand (IR) numbers were raised at UBS. Earnings estimates were raised given nonresidential construction recovery and margin expansion opportunity, said UBS. Price target goes to $71. PPG Industries (PPG) numbers were raised at UBS. Earnings estimates were raised given earnings beat and raised guidance, said UBS. Price target goes to $156. Schlumberger (SLB) numbers were raised at UBS. Earnings estimates were raised as new technologies expand margins across regions, said UBS. Price target goes to $98. SunTrust (STI) estimates, price target were raised at BMO Capital. Estimates were raised based on unanticipated benefits from a low LLP tax rate, said BMO Capital Markets. STI guidance projects less margin pressures in the coming quarters; price target raised to $35. State Street (STT) estimates were reduced at Citigroup. 2014 earnings estimates were reduced given fewer buybacks, said Citigroup. Price target is $79. UnitedHealth (UNH) numbers were raised at BMO Capital. Shares of UNH are now seen reaching $79. Estimates were also increased, given a solid fundamental outlook, BMO Capital said. Outperform rating. >To submit a news tip, email: email@example.com. Follow TheStreet on Twitter and become a fan on Facebook.
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