Coca-Cola: Analysts' Upgrades, Downgrades
NEW YORK (
) --
CHANGE IN RATINGS
Boston Scientific
(BSX) - Get Report
downgraded at Deutsche Bank. Rating lowered to Hold from Buy. Price target lowered to $8.50 from $11.00. Maintains 2010 EPS estimates of $0.37.
Convergys
(CVG)
upgraded at Stifel from Hold to Buy. $13.50 price target. New CEO could help improve the company's prospects.
Dean Foods
(DF) - Get Report
estimates, target reduced at Goldman. Shares of DF now seen reaching $18. Estimates also lowered, as the company is seeing higher corporate expenses. Neutral rating.
Dean Foods
(DF) - Get Report
downgraded at Deutsche Bank. Rating lowered to Hold from Buy. Price target lowered to $17 from $26. 2010 EPS estimates lowered to $1.55 from $1.82.
Equinix
(EQIX) - Get Report
upgraded at Collins Stewart from Hold to Buy. $110 price target. Company has good momentum and can deliver 20%-plus sales growth.
Equinix
(EQIX) - Get Report
estimates, target reduced at Goldman. EQIX estimates were cut through 2011. Growth spending and currency effects will hurt earnings. Neutral rating and new $97 price target.
Gamco Investor
(GBL) - Get Report
upgraded at Goldman from Sell to Neutral. Estimates also raised, to reflect improving flow momentum and better performance fees. New $44 price target.
Illinois Tool Works
(ITW) - Get Report
upgraded at Merrill/BofA from Underperform to Neutral. $48 price target. Market expectations have come down to match the company's earnings ability.
Palm
( PALM) upgraded at Citigroup from Sell to Hold. $10 price target. Valuation call, even though the company still faces fundamental challenges.
Range Resources
(RRC) - Get Report
rated new Neutral at UBS. RRC was initiated with a Neutral rating. $53 price target. Stock trades a premium, but has attractive growth potential in the Marcellus shale.
Scripps Networks
(SNI)
downgraded at Deutsche Bank. Rating lowered to Hold from Buy. Price target lowered to $44 from $52. 2010 EPS estimates lowered to $2.20 from $2.42.
STOCK COMMENTS / EPS CHANGES
Allstate
(ALL) - Get Report
estimates lowered at UBS through 2011. Company is seeing lower investment income and a higher expected loss ratio. Neutral rating and $31.50 price target.
Activision
(ATVI) - Get Report
estimates cut at Morgan Stanley. ATVI estimates were reduced through 2011. Company offered lower guidance. Overweight rating.
Peabody Energy
(BTU) - Get Report
target raised at Morgan Stanley. BTU target was increased to $50. Company is seeing better seaborne thermal and met coal margins. Overweight rating.
Coca-Cola Enterprises
(CCE)
estimates cut at Goldman through 2012. Company is seeing a less favorable ForEx environment. Buy rating and $27 price target.
Computer Sciences
(CSC)
estimates boosted at Morgan Stanley through 2012. Company is seeing lower interest expenses. Equal-weight rating and $65 price target.
Education Management
(EDMC)
estimates upped at Morgan Stanley through 2012. Company boosted its guidance. Equal-weight rating and $25 price target.
GSI Commerce
( GSIC) estimates increased at Goldman through 2011. Company guided toward 9% sales growth for the new year. Neutral rating and $24 price target.
InterContinental Exchange
(ICE) - Get Report
numbers raised at Morgan Stanley. Shares of ICE now seen reaching $114. Estimates also boosted, as the company is seeing better volumes and cutting costs. Equal-weight rating.
Level 3 Comm.
(LVLT)
estimates lowered at Morgan Stanley. LVLT estimates were cut through 2012. Company likely to see lower margins in the new year. Underweight rating.
Marvell Technology
(MRVL) - Get Report
numbers increased at Morgan Stanley. Shares of MRVL now seen reaching $21.50. Estimates also boosted, because of strong disk-drive fundamentals. Overweight rating.
PetSmart
(PETM)
estimates, target lowered at Goldman. Shares of PETM now seen reaching $29. Estimates also cut, based on recent channel checks. Buy rating.
Sprint Nextel
(S) - Get Report
estimates reduced at Morgan Stanley through 2011. Increased competition could hurt near-term earnings. Underweight rating and $2.50 price target.
Tesoro
(TSO)
target reduced at Morgan Stanley. Shares of TSO now seen reaching $15. Refining margins continue to disappoint. Equal-weight rating.
Wright Express
( WXS) estimates raised at Goldman through 2012. Company offered upbeat new guidance. Neutral rating and $32 price target.
Wyndham
(WYN)
estimates, target boosted at FBR. Shares of WYN now seen reaching $26. Estimates also raised, because of strength in lodging and vacation rentals. Dividend boost was also a pleasant surprise. Outperform rating.
This article was written by a staff member of TheStreet.com.