NEW YORK(TheStreet) -- CHANGE IN RATINGS
Facebook (FB) - Get Report was initiated with an outperform rating at FBR Capital Markets. $60 price target. Company has significant opportunity ahead, and pricing is inflecting, FBR Capital Markets said.
was initiated with a market perform rating at FBR Capital Markets. $214 price target. Valuation call, as the stock is trading with a price-to-earnings ratio of 104, based on 2014 earnings estimates.
Quintiles (Q) was downgraded at Deutsche Bank to hold from buy. New analyst believes that industry valuation is rich, Deutsche Bank said. $51 price target.
was upgraded at Deutsche Bank to hold from sell. $47 price target. Valuation call, as the stock is likely already pricing in lower specialty cellulose pricing, Deutsche Bank said.
Vasco Data Security VDSI wasdowngraded to hold at TheStreet Ratings.Westar Energy (WR) was upgraded at UBS to buy from neutral. Driven by higher transmission spending, UBS said. $35 price target.
Stock Comments / EPS Changes
Ciena (CIEN) - Get Report price target, estimates were lowered at Jefferies. The company lowered its own numbers, Jefferies said. Target reductions are in line with industry group for similar growth rates and margin structures, Jefferies said. $21 price target and hold rating.Devon Energy (DVN) - Get Report price target, EPS estimates were increased at UBS. Devon raised its own numbers, UBS said. Company acquired acreage that should be accretive, UBS said. $68 price target and neutral rating.Helmerich & Payne (HP) - Get Report price target, EPS estimates were boosted at Jefferies. Shares are seen reaching $78. Day rate and demand outlook has favorably shifted, Jefferies said. Earnings into next year also lifted. Hold rating.Lowe's (LOW) - Get Report price target, EPS estimates were lowered at UBS. Facing SG&A headwinds, though there are signs that it can participate in housing upswing, UBS said. $57 price target and buy rating.Qualcomm (QCOM) - Get Report price target, estimates were increased at UBS. Returning 75% of free cash flow over next five years to shareholders, UBS said. China LTE remains a big growth driver, UBS also said. $79 price target and buy rating.Tenet Health (THC) - Get Report numbers were cut at Credit Suisse. Shares are now seen reaching $48. Estimates were also reduced, given the company's new guidance, Credit Suisse said. Outperform rating.T-Mobile US (TMUS) - Get Report numbers were reduced at Credit Suisse. Shares are now seen reaching $32. Estimates were also cut, as the company is selling more stock and debt, Credit Suisse said. Outperform rating.Follow TheStreet on Twitter and become a fan on Facebook.
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This article was written by a staff member of TheStreet.