NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Questcor (QCOR) was upgraded at Bank of America/Merrill Lynch to buy from neutral. $80 price target. Acthar sales are driving growth, BofA/Merrill said.Tupperware (TUP - Get Report) was downgraded at BMO Capital to market perform from outperform. Valuation call, based on a $91 price target, BMO Capital said.
Stock Comments / EPS ChangesApple (AAPL) numbers were raised at UBS. Earnings estimates were raised to reflect the higher-than-expected price for the 5C iPhone and better margins, said UBS. Price target was raised to $560. (ADI) numbers were upped at BMO Capital Markets. Company is realizing higher margins and paying a lower tax rate, BMO Capital Markets said. Market perform rating and new $47 price target. Bank of America (BAC) numbers were raised at Credit Suisse. Shares are now seen reaching $14. Estimates were also increased, as the company is cutting costs in the mortgage business, Credit Suisse said. Neutral rating. Best Buy (BBY) numbers were increased at Jefferies through 2014. Company is seeing higher sales and realizing better margins, Jefferies said. Buy rating and new $40 price target. (BRCM) was cut from the Top Picks List at FBR Capital Markets. Company is losing market share, FBR Capital Markets said. Price target was also cut to $32. Dick's Sporting Goods (DKS) numbers were cut at Citigroup. Estimates were reduced to reflect the second-quarter miss and lowered guidance, said Citigroup. Price target was cut to $54. Home Depot (HD) estimates were raised at Citigroup. Earnings estimates were increased based on an improving housing market and solid execution, Citi said. Price target is $90. Home Depot numbers were boosted at BMO Capital Markets. Shares are now seen reaching $82. Company is seeing higher comp sales and buying back more stock, BMO Capital Markets said. Market Perform rating. Hewlett-Packard (HPQ) numbers were raised at BMO Capital. Shares are now seen reaching $30. Estimates were also increased, as the company has multiple levers to drive operating performance, BMO Capital said. Market Perform rating. (TJX) estimates, price target were increased at BMO Capital. Estimates were raised through 2014. Company has solid brand equity and growth potential, BMO Capital said. Market Perform rating and new $52 price target. >To submit a news tip, email: firstname.lastname@example.org. Follow TheStreet on Twitter and become a fan on Facebook.
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