Analysts' Actions: ATVI DHI IACI NKE RIMM

Here are today's top research calls.
By TheStreet Staff ,

NEW YORK (

TheStreet

) --

CHANGE IN RATINGS

Activision Blizzard

(ATVI) - Get Report

was downgraded at Sterne Agee from buy to neutral. Estimates also cut, as

Call of Duty

sales appear to be slowing, Sterne Agee said.

Charter Communications

(CHTR) - Get Report

was initiated with a buy rating at UBS. $83 price target. Benefiting from less telco competition, UBS said.

Rockwell Collins

(COL)

was downgraded at Oppenheimer to perform from outperform. Valuation looking full, Oppenheimer said.

Cree

(CREE) - Get Report

was downgraded at Deutsche Bank from buy to hold. $33 price target. Valuation call, as the stock is up 50% year to date, Deutsche said.

DR Horton

(DHI) - Get Report

was upgraded at Compass Point from sell to neutral. $18 price target. Company has limited downside potential from current levels, Compass Point said.

Fairchild Semiconductor

(FCS)

was initiated with a buy rating at MKM Partners. $16 price target. Consensus underestimating revenue and margin upside, MKM said.

Guess

(GES) - Get Report

was upgraded at Piper Jaffray from neutral to overweight. $31 price target. Company is seeing better domestic sales, and business in Europe appears to have bottomed, Piper Jaffray said.

IAC/InterActiveCorp

(IACI)

was upgraded at Wells Fargo from market perform to outperform. Recent weakness has created an attractive entry point, Wells Fargo said.

Jazz Pharmaceuticals

(JAZZ) - Get Report

was initiated with a buy rating at UBS. $64 price target. Visibility into Xyrem's sustainability and EPS growth should drive upside, UBS said.

Carmax

(KMX) - Get Report

was upgraded at Goldman Sachs from neutral to buy. $42 price target. Earnings appear to be at an inflection point, Goldman Sachs said.

Nike

(NKE) - Get Report

was upgraded at HSBC from neutral to overweight. $112 price target. Company is turning its business around, HSBC said.

ON Semiconductor

(ONN)

was rated new buy at MKM Partners. $8 price target. See upside to consensus estimates, MKM said.

Plantronics

(PLT) - Get Report

was upgraded at JP Morgan from neutral to overweight. Valuation call, as the stock is down 8% year to date, JP Morgan said. $41 price target.

Research In Motion

( RIMM) was upgraded at Goldman Sachs from neutral to buy. $16 price target. Risk/reward is attractive ahead of the Blackberry 10 launch, Goldman said.

RPM International

(RPM) - Get Report

was initiated with an overweight rating at Morgan Stanley. $34 price target. Company trades at a discount to its peers, but has attractive end-market exposure, Morgan Stanley.

Timken

(TKR) - Get Report

was downgraded at Jefferies to hold from buy. $45 price target. Risk/reward balanced following activist filing, Jefferies said.

STOCK COMMENTS / EPS CHANGES

Allstate

(ALL) - Get Report

estimates were lowered at UBS through 2012. Sandy loss modestly above expectations, UBS said. Neutral rating and $40 price target.

Broadcom

(BRCM)

estimates were raised at Citigroup. Estimates were increased through 2014. Expect guidance raise at 12/6 analyst day, Citi said. $41 price target.

Express Scripts

(EXPR) - Get Report

numbers were raised at UBS. Shares are now seen reaching $17. Estimates were also increased on solid start to holiday season, UBS said. Buy rating.

Express

estimates, target were increased at BMO Capital. Estimates were raised through 2013. Company boosted its guidance. Outperform rating and new $17 price target, BMO said.

Intel

(INTC) - Get Report

numbers were cut at Citigroup. Shares are now seen reaching $21. Estimates were also lowered on further risk to guidance, Citi said. Neutral rating.

Intel estimates, target were reduced at Goldman Sachs. Shares are now seen reaching $16. Estimates were also cut, as gross margins will likely decline in the coming quarters, Goldman said.

Lockheed Martin

(LMT) - Get Report

target was raised at Jefferies. Shares are now seen reaching $88. Bullish following meeting with new CEO, Jefferies said. Hold rating.

Microsoft

(MSFT) - Get Report

numbers were lowered at Jefferies. Shares are now seen reaching $31. Estimates were also lowered on PC revisions, Jefferies said. Hold rating.

Pentair

(PNR) - Get Report

numbers wre raised at Oppenheimer. Shares are now seen reaching $50. Estimates were also raised on bullish investor day, Oppenheimer said. Perform rating.

Tractor Supply

(TSCO) - Get Report

was added to the Conviction Buy List at Nomura. Stock is attractive, following a recent pullback, Nomura said. $110 price target.

Workday

(WDAY) - Get Report

estimates, target were raised at JMP Securities. Estimates were also increased, given the company's new guidance, JMP said. Outperform rating.

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