Analysts' Actions: DOW EMC FFIV FIO
NEW YORK (
) --
CHANGE IN RATINGS
Albermarle
(ALB) - Get Report
was upgraded at Goldman Sachs to buy. Valuation call, as the stock is already pricing in lower near-term growth, Goldman said.
Air Products
(APD) - Get Report
was upgraded at Goldman Sachs to buy. Company is leveraged to an eventual economic recovery, Goldman said.
Berry Plastics Group
(BERY) - Get Report
was initiated with a buy rating at Citigroup. $18 price target. Classic cash and deleveraging story at the right price, Citi said.
Berry Plastics was initiated with an outperform rating at Bank of America/Merrill Lynch. $20 price target. Company can gain market share, as new products drive growth, BofA/Merrill said.
Berry Plastics was initiated with an outperform rating at Credit Suisse. $20 price target. Company offers growth at an attractive price, Credit Suisse said.
C&J Energy
(CJES)
was downgraded at JP Morgan to neutral. Expect E&P customers to defer activity and orders into 2013, JP Morgan said.
3D Systems
(DDD) - Get Report
was upgraded at Piper Jaffray from neutral to overweight. $55 price target. 3D printing market should continue to experience strong secular growth, Piper Jaffray said.
Dow Chemical
(DOW) - Get Report
was upgraded at Goldman Sachs to buy. Stock has a solid dividend, and earnings expectations are low, Goldman said.
EMC
(EMC)
was initiated with a hold rating at Craig-Hallum. $28 price target. Company is leveraged to slower potential growth, Craig-Hallum said.
Eaton Vance
(EV) - Get Report
was upgraded at BofA/Merrill from underperform to neutral. $32 price target. Net flows are improving, given the attraction of the company's tax-managed products, BofA/Merrill said.
F5 Networks
(FFIV) - Get Report
was upgraded at Goldman Sachs from neutral to buy. $106 price target. Consensus estimates could begin to move higher after the company's analyst meeting this week, Goldman said.
Fusion-IO
(FIO)
was upgraded at Craig-Hallum from sell to buy. New analyst believes the company is a leader that's in the early stages of growth. $32 price target.
Lumber Liquidators
(LL) - Get Report
was downgraded at Stifel Nicolaus from hold to sell. Stock trades at a premium valuation and recent growth is not likely sustainable, Stifel Nicolaus said.
LyondellBasell
(LYB) - Get Report
was downgraded at Goldman Sachs to neutral. Valuation call, as the stock has made a good run, Goldman said.
Regeneron
(REGN) - Get Report
was initiated with an outperform rating at Credit Suisse. $187 price target. Company has a solid pipeline and a potential blockbuster with Eylea, Credit Suisse said.
Seadrill Partners
(SDLP)
was initiated with a buy rating at Citigroup. $30 price target. Cash distributions could grow as new assets are acquired, Citi said.
Seattle Genetics
(SGEN) - Get Report
was initiated with an outperform rating at Credit Suisse. $28 price target. Company is a market leader and can continue to grow, Credit Suisse said.
Stratasys
(SSYS) - Get Report
was upgraded at Piper Jaffray from neutral to overweight. $76 price target. Company is seeing strong secular growth trends, Piper Jaffray said.
VMware
(VMW) - Get Report
was initiated with a hold rating at Craig-Hallum. $94 price target. Company could face increased competition from OpenStack, Craig-Hallum said.
STOCK COMMENTS / EPS CHANGES
Hologic
(HOLX) - Get Report
numbers trimmed at Citigroup. Shares of HOLX now seen reaching $24, Citigroup said. Estimates also lowered on weaker than expected guidance. Buy rating.
Invesco
(IVZ) - Get Report
numbers cut at Citigroup. Shares of IVZ now seen reaching $27.50, Citigroup said. Estimates also lowered as October AUM in line, but equities remain sluggish.
JC Penney
(JCP) - Get Report
numbers reduced at Nomura. JCP estimates were cut through 2013, Nomura said. Lower sales are cutting into margins. Neutral rating.
Marvell Technology
(MRVL) - Get Report
estimates cut at UBS through 2014, UBS said. Expected storage, wireless softness into year end. Neutral rating and $9 price target.
Weatherford
(WFT) - Get Report
estimates, target cut at Guggenheim. Shares of WFT now seen reaching $12, according to Guggenheim. Estimates also reduced, given the company's new guidance. Neutral rating.
Williams Sonoma
(WSM) - Get Report
target raised at UBS to $47, UBS said. Expecting solid results with good momentum moving into 4Q. Neutral rating.
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This article was written by a staff member of TheStreet.