Analysts' Actions: CSCO EW JCP SPF HD
NEW YORK (
) --
CHANGE IN RATINGS
AECOM Technology
(ACM) - Get Report
downgraded to hold at TheStreet Ratings.
AeroCentury
(ACY) - Get Report
upgraded to hold at TheStreet Ratings.
Cisco
(CSCO) - Get Report
was upgraded at Pacific Crest to outperform. $21 price target. Margins are improving and the company can post meaningful growth in 2013, Pacific Crest said.
Edwards Lifesciences
(EW) - Get Report
was downgraded at UBS to sell from neutral. $80 price target. Cautious on US TAVI market development, UBS said.
Hub Group
(HUBG) - Get Report
was upgraded at Robert Baird from neutral to outperform. $38 price target. Visibility is improving, and headwinds should moderate in the coming quarters, Robert Baird said.
JC Penney
(JCP) - Get Report
was downgraded at JP Morgan from overweight to neutral. $20 price target. Situation could get worse before it gets better, JP Morgan said.
Mosaic
(MOS) - Get Report
was downgraded at Canaccord Genuity from buy to hold. $55 price target. Headwinds are growing in the potash market, Canaccord Genuity said.
Standard Pacific
(SPF)
was initiated with an outperform rating at Credit Suisse. $8 price target. Company can deliver superior earnings growth, Credit Suisse said.
Weatherford
(WFT) - Get Report
was upgraded at Societe Generale from sell to hold. Company appears to have resolved its tax accounting issues, Societe Generale said. $10.50 price target.
Weatherford International was upgraded at Jefferies to hold from underperform. $10 price target. Improvement, gradually, Jefferies said.
STOCK COMMENTS / EPS CHANGES
Cisco
(CSCO) - Get Report
numbers raised at Citigroup. Shares of CSCO now seen reaching $21, Citigroup said. Estimates also increased on strong quarterly results. $21 price target.
Dish Network
(DISH) - Get Report
target raised at Jefferies to $35, Jefferies said. Increased likelihood of consolidation. Hold rating.
Dick's Sporting
(DKS) - Get Report
numbers raised at JP Morgan. Shares of DKS now seen reaching $61, according to JP Morgan. Estimates also increased, as sales growth is accelerating. Overweight rating.
Hyatt
(H) - Get Report
estimates, target reduced at Nomura. Shares of H now seen reaching $40, according to Nomura. Estimates also cut, as lower RevPAR will likely weigh on margins.
Home Depot
(HD) - Get Report
numbers raised at UBS. Shares of HD now seen reaching $70, UBS said. Estimates also increased as housing tailwind should provide strength. Buy rating.
Home Depot numbers raised at Jefferies. Shares of HD now seen reaching $58, Jefferies said. Estimates also raised on strong execution. Hold rating.
Home Depot numbers increased at BMO. HD estimates were raised through 2013, BMO Capital said. Company is leveraged to an improving housing market.
Humana
(HUM) - Get Report
target raised at Citigroup to $87 following upbeat analyst day, Citigroup said. Buy rating.
Jacobs Engineering Group
(JEC) - Get Report
numbers raised at Citigroup. Shares of JEC now seen reaching $47, Citigroup said. Estimates also increased on favorable energy outlook. Neutral rating.
Lowe's
(LOW) - Get Report
numbers raised at Oppenheimer.Shares of LOW now seen reaching $42, Oppenheimer said. Estimates also raised on approaching a positive inflection point. Outperform rating.
Saks
(SKS)
numbers cut at UBS. Shares of SKS now seen reaching $10.50, UBS said. Estimates also lowered as concentration risk increases in 4Q. Neutral rating.
Weatherford International
(WFT) - Get Report
numbers lowered at Citigroup. Shares of WFT now seen reaching $16, Citigroup said. Estimates also lowered after weak quarter. Buy rating.
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This article was written by a staff member of TheStreet.