NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Cubist (CBST) was upgraded at Leerink Swann to outperform from market perform. $76 price target. Acquisitions should drive near-term growth, Leerink Swann said.
(GOLD) was downgraded to hold at TheStreet Ratings. Lindsay (LNN) was downgraded at William Blair to market perform from outperform. Expect declines in the irrigation business, Blair said. Masco (MAS) was initiated with a hold rating at Jefferies. $24 price target. Best housing play, but recovery baked in, Jefferies said. Owens Corning (OC - Get Report) was initiated with a buy rating at Jefferies. $55 price target. Underappreciated franchise with significant earnings leverage, Jefferies said. Occidental (OXY - Get Report) was upgraded at Wells Fargo to outperform. Company can unlock value through restructuring, Wells Fargo said. Pharmacyclics (PCYC) was initiated with an overweight rating at J.P. Morgan. J&J partnership should drive growth, J.P. Morgan said.
(POR) was upgraded at Wells Fargo to outperform from market perform. Company has lagged its peers in recent months, but has good long-term growth prospects, Wells Fargo said. Valmont (VMI) was downgraded at William Blair to market perform. Estimates were also cut, as two segements will likely peak this year, Blair said.
STOCK COMMENTS / EPS CHANGESSalesforce.com (CRM) price target was raised at Oppenheimer. Shares are now seen reaching $60. Company remains leveraged to continued cloud growth, Oppenheimer said. Facebook (FB) numbers were raised at Jefferies. Shares are now seen reaching $60. Estimates were also increased through 2014 on promising new ad products, Jefferies said. Buy rating. Mosaic (MOS) estimates, price target were cut at BMO Capital. Estimates were cut through 2015. Expect lower phosphate and potash earnings, BMO Capital said. Market Perform rating and new $41 price target.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts