Analysts' Actions -- McDonald's, Oracle, EMC, Kohl's
Change in Ratings
EMC (EMC) downgraded at Wells Fargo from Outperform to Market Perform. There is significant uncertainty around the Dell deal.
Eaton (ETN) - Get Report downgraded at Argus from Buy to Hold. Company will be hurt by lower oil prices in the near term.
Metaldyne Performance (MPG) downgraded at Barclays from Overweight to Equal Weight. $23 price target. Company has a sluggish near-term growth outlook.
Oracle (ORCL) - Get Report downgraded at Morgan Stanley from Overweight to Equal-weight. $45 price target. Company lacks near-term catalysts.
Stock Comments / EPS Changes
Kohl's (KSS) - Get Report estimates, target cut at Jefferies. Shares of KSS now seen reaching $57, according to Jefferies. Estimates also reduced, as the company is very sensitive to unseasonably warm weather. Buy rating.
McDonald's (MCD) - Get Report estimates, target raised at Credit Suisse. Shares of MCD now seen reaching $128, according to Credit Suisse. Estimates also increased, as the company has strong operating momentum. Outperform rating.