Southern (SO) was downgraded at Wells Fargo to market perform from outperform. Valuation call, as the company has a relatively higher risk profile, Wells Fargo said.
Thoratec (THOR) was upgraded at Canaccord Genuity to buy. $45 price target. Japan will likely drive near-term growth, Canaccord said.
Stock Comments/EPS Changes
Crocs (CROX) estimates, price target were reduced at PiperJaffray. Headwinds in North America and Japan, with single-digit backlog. $13.04 price target and neutral rating.Facebook numbers were increased at J.P. Morgan. Shares are now seen reaching $62. Estimates were also increased on strong quarter, J.P. Morgan said. Overweight rating. Facebook numbers were raised at Oppenheimer. Shares are now seen reaching $60. Estimates were also increased on higher revenues and margins, Oppenheimer said. Outperform rating. Gamestop (GME) estimates, price target were boosted at Bank of America/Merrill Lynch. Shares are now seen reaching $64. Estimates were also increased, given strong preorders for new consoles, BofA/Merrill said. Garmin (GRMN) estimates, price target were increased at Goldman Sachs. Estimates were raised through 2015. Company is seeing higher sales, Goldman said. Neutral rating and new $44 price target. Microchip (MCHP) numbers were raised at Credit Suisse. Shares are now seen reaching $48. Estimates were also increased, given the company's new guidance, Credit Suisse 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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