Williams-Sonoma: Analysts' Upgrades, Downgrades
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.