Spectrum (SPB) was initiated with an outperform rating at Oppenheimer. $82 price target. Company is underfolllwed and can ramp free cash flow, Oppenheimer said.
SPX Corp (SPW) was upgraded at J.P. Morgan to overweight from neutral. $89 price target. Sum of parts analysis supports ~60% upside, J.P. Morgan said.
Take-Two (TTWO) was downgraded at Pacific Crest to sector perform. Group could see a correction, after the next console releases, Pacific Crest said.
STOCK COMMENTS / EPS CHANGESConagra (CAG) estimates, price target were cut at Credit Suisse. Shares are now seen reaching $36. Estimates were also reduced, given the company's new guidance, Credit Suisse said. Neutral rating. Continental Resources (CLR) estimates were reduced at UBS. Earnings estimates were reduced on widened oil differential guidance, said UBS. Price target remains $110. E*Trade (ETFC) estimates, price target were boosted at Sterne Agee. Shares are now seen reaching $19.50. Estimates were also increased. New capital deployment strategy could generate higher returns, Sterne Agee said. Buy rating. Jarden (JAH) estimates, price target were increased at Oppenheimer. Estimates were increased through 2014. Yankee Candle acquisition should add to earnings, Oppenheimer said. Outperform rating and new $56 price target. Restoration Hardware (RH) numbers were raised at Jefferies. Shares are now seen reaching $88. Estimates were also increased as earnings upside is coming sooner than expected, said Jefferies. Buy rating. Ralph Lauren (RL) was added to Focus List at Citigroup. Valuation call, as the company is performing well in Europe, Citi said. Weyerhaeuser (WY) estimates were reduced at UBS. Estimates were reduced given trends in wood products earnings, said UBS. Price target remains $24. >To submit a news tip, email: email@example.com. Follow TheStreet on Twitter and become a fan on Facebook.
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