Williams-Sonoma: Analysts' Upgrades, Downgrades

Williams-Sonoma estimates, target upped at Goldman and Barclays; downgraded at Citigroup from Buy to Hold.
By TSC Staff ,

NEW YORK (TheStreet) -- CHANGE IN RATINGS

Autoliv

(ALV) - Get Report

upgraded at Baird from Neutral to Outperform. $60 price target. Company boosted guidance, because of higher auto production.

American Superconductor

(AMSC) - Get Report

upgraded at Jefferies from Hold to Buy. $35 price target. Valuation call, as the company is leveraged to long-term growth trends.

Baidu

(BIDU) - Get Report

upgraded at Kaufman from Hold to Buy. $690 price target. Company could get about half of the revenue given up by Google in China.

LabCorp

(LH) - Get Report

downgraded at Deutsche from Buy to Hold. Valuation call, based on a $81 price target. Volume trends also appear to be tracking poorly.

PetSmart

(PETM)

downgraded at Janney from Buy to Neutral. Stock is up 52% since last October.

Quinstreet

(QNST) - Get Report

initiated at Credit Suisse with an Outperform rating and $21 price target. Expect strong operating growth over next several years. 2010 and 2011 EPS estimates set at $0.70 and $0.80, respectively.

Tiffany

(TIF) - Get Report

upgraded at Jesup & Lamont from Hold to Buy. $55 price target. Company is positioned well for the return of luxury consumer spending.

Williams-Sonoma

(WSM) - Get Report

downgraded at Citigroup from Buy to Hold. Valuation call, based on a $29 price target. Stock is already pricing in a higher operating margin.

STOCK COMMENTS / EPS CHANGES

Accenture

(ACN) - Get Report

estimates lowered at Citigroup through 2011. Company is being hurt by the stronger dollar, though the pipeline continues to look attractive. Buy rating and $50 price target.

AthenaHealth

(ATHN) - Get Report

estimates cut at Morgan Stanley through 2011. Company likely to face higher sales and marketing costs. Equal-weight rating.

Baidu

(BIDU) - Get Report

estimates, target increased at Goldman. Shares of BIDU now seen reaching $675. Estimates also raised, as Google appears to be exiting from China. Buy rating.

Burger King

(BKC)

target higher, estimates lower at Credit Suisse. BKC price target increased by a dollar to $22. 2010 and 2011 EPS estimates lowered to $1.38 and $1.53, respectively. Neutral rating.

Coach

(COH)

price target raised at Barclays to $45 from $42 as business trends are improving. 2010 and 2011 EPS estimates held at $2.20 and $2.40, respectively. Reiterate Overweight rating.

Dollar Tree

(DLTR) - Get Report

numbers raised at Goldman. DLTR estimates were boosted through 2012. Company is buying back more stock. Neutral rating and new $59 price target.

Hartford Financial

(HIG) - Get Report

target higher, estimates changed at Barclays. HIG price target surged to $31 from $19 on news they will be paying back TARP loan. 2010 EPS estimate sunk to $2.81, 2011 introduced at $4.19. Maintain Equal Weight rating.

Kimberly-Clark

(KMB) - Get Report

price target increased at Barclays. KMB price target increased to $65 from $59 after positive analyst day. 2010 and 2011 EPS estimates maintained at $4.90 and $5.27, respectively. Reiterate Underweight rating.

Annaly Capital Management

(NLY) - Get Report

estimates changed at Credit Suisse. NLY 2010 EPS estimates cut to $2.75, 2011 raised to $2.60. Maintain Outperform rating and $19 price target.

Oracle

(ORCL) - Get Report

price target raised at Barclays to $29 from $27 ahead of 3Q10 results. 2010 and 2011 EPS estimates set at $1.61 and $1.92, respectively. Maintain Overweight rating.

Safe Bulkers

(SB) - Get Report

estimates changed at Credit Suisse. SB 2010 EPS estimate cut to $1.65, 2011 raised to $1.68. Expecting 3-4 vessel acquisitioned. Maintain Outperform rating and $12 price target.

Team Health

(TM) - Get Report

estimates, target raised at Goldman. TMH estimates were boosted through 2012. Acquisition should add to earnings. Health care reform also helps the company. Neutral rating and new $18 price target.

Tiffany

(TIF) - Get Report

estimates, target boosted at Goldman. Shares of TIF now seen reaching $46. Estimates also raised, as the company is set to open more stores. Neutral rating.

Williams-Sonoma

(WSM) - Get Report

estimates, target upped at Goldman. Shares of WSM now seen reaching $28. Estimates also increased, as the company is seeing a higher merchandise margin. Neutral rating.

Williams-Sonoma

(WSM) - Get Report

target, estimates boosted at Barclays. WSM price target improved to $22 from $17 after solid 4Q09 results. 2011 EPS estimates lifted to $1.27 from $0.97, respectively. Maintain Underweight rating.

This article was written by a staff member of TheStreet.com.

Loading ...