Apple: Analysts' New Targets, Estimates
Click here for Analysts' Upgrades, Downgrades.
Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
) --
Apple
(AAPL) - Get Report
estimates, target increased at JP Morgan. APPL estimates were raised through 2012. Momentum should be strong heading into the new year. Overweight rating and new $420 price target.
Apple
(AAPL) - Get Report
target raised at Kaufman. Shares of AAPL now seen reaching $395. Checks indicate continued strong demand through holiday season. Buy rating.
TD Ameritrade
(AMTD) - Get Report
price target increased at Barclays by a dollar to $20 on improved capital market conditions, Barclays said. Maintain Overweight rating.
Anadarko Petroleum
(APC) - Get Report
price target higher at Barclays to $75 from $71. Strong free cash flow, Barclays said. Maintain Overweight rating.
Allegheny Technologies
(ATI) - Get Report
target raised at Goldman. Shares of ATI now seen reaching $61, according to Goldman Sachs. Company has late-cycle exposure through the aerospace sector. Neutral rating.
Avnet
(AVT) - Get Report
target raised at Goldman to $35, according to Goldman Sachs. Company can grow twice as fast as the economy. Neutral rating.
Cavium Networks
(CAVM)
numbers upped at UBS. CAVM estimates were boosted through 2012, UBS said. Company has clear secular growth drivers. Neutral rating and new $38.50 price target.
Cypress Semiconductor
(CY) - Get Report
numbers boosted at UBS. Shares of CY now seen reaching $19. Estimates also upped, given strong pipeline of demand for its touch technology. Neutral rating.
Danaher
(DHR) - Get Report
estimates, target increased at Goldman. DHR estimates were raised through 2012, Goldman Sachs said. Management boosted its guidance as the company is gaining market share. Buy rating and new $50 price target.
Duke Energy
(DUK) - Get Report
numbers lowered at Jefferies. DUK estimates were cut through 2012, Jefferies said. $17.50 price target. Company is facing lower rates in Ohio. Hold rating.
Devon Energy
(DVN) - Get Report
price target raised at Barclays. DVN price target increased to $84 from $80. With near completion of the strategic repositioning, DVN appears ready to focus exclusively on its onshore North American assets, Barclays said. Maintain Overweight rating.
Honeywell
( JOYG) target boosted at Goldman to $57, according to Goldman Sachs. Company should be able to ultimately exceed conservative guidance. Neutral rating.
Joy Global
( JOYG) target, estimate boosted at Barclays. JOYG price target increased to $102 from $82. Increased visibility on mining capex, Barclays said. 2011 EPS estimate raised to $5.25 from $4.85. Maintain Overweight rating.
Joy Global
( JOYG) numbers upped at Goldman. JOYG estimates were boosted through 2012, Goldman Sachs said. Company is seeing higher new equipment sales. Buy rating and $102 price target.
Lennox
(LII) - Get Report
estimates reduced at UBS through 2011. Kysor margins could weigh on near-term results. Buy rating and $53 price target.
Lorillard
(LO)
estimates increased at Morgan Stanley through 2012. Menthol risk has likely been overstated. Overweight rating and $88 price target.
Netflix
(NFLX) - Get Report
estimates, target raised at BMO. Shares of NFLX now seen reaching $180, according to BMO Capital. Estimates also increased, as the company should continue to attract customers with its streaming content.
Occidental Petroleum
(OXY) - Get Report
price target increased at Barclays to $103 from $90. High production levels, Barclays said. Maintain Overweight rating.
Prudential
(PRU) - Get Report
target raised at Morgan Stanley to $71. Macro conditions are improving in the life insurance space. Overweight rating.
Pioneer Natural Resources
(PXD) - Get Report
price target boosted at Barclays to $91 from $72. Expecting some of the strongest growth rates in the industry, Barclays said. Maintain Equal Weight rating.
Walgreen
(WAG)
estimates upped at Citigroup through 2012. Company is realizing higher margins. Sell rating and $31 price target.
This article was written by a staff member of TheStreet.