Analysts' Actions: ARUN HESS MMS OXY RKUS
NEW YORK (
) --
CHANGE IN RATINGS
Alliance Bankshares
(ABVA)
was upgraded to hold at TheStreet Ratings.
Aruba Networks
(ARUN)
was initiated at Oppenheimer with an outperform rating. $25 price target. Several positive trends supporting revenue growth, Oppenheimer said.
Aruba Networks was initiated with a neutral rating at JP Morgan. $21 price target. Consensus estimates are fair.
Commtouch Software
(CTCH)
was upgraded to buy at TheStreet Ratings.
Occidental Petroleum
(OXY) - Get Report
was initiated at Dahlman Rose with a buy rating. $86 price target. Following recent underperformance, risk/reward is attractive, Dahlman Rose said.
Hess Corp
(HES) - Get Report
was initiated with a hold rating at Dahlman Rose. $56 price target. Flat near-term production growth, Dahlman Rose said.
Also See: Cramer: We May Go Over the Cliff >>
Maximus
(MMS) - Get Report
was initiated with a buy rating at Citigroup. $75 price target. Several near-term catalysts, Citi said.
Ruckus Wireless
(RKUS)
was initiated with an outperform rating at Oppenheimer. $23 price target. Accelerating adoption of enterprise mobility, Oppenheimer said.
Ruckus Wireless was initiated with a hold rating at Deutsche Bank. $20 price target. Full valuation and increased competition, Deutsche said.
STOCK COMMENTS / EPS CHANGES
Adobe Systems
(ADBE) - Get Report
price target was raised at Jefferies. Creative cloud subscriber growth is accelerating, Jefferies said. Hold rating.
FedEx
(FDX) - Get Report
estimates were trimmed at Deutsche Bank through 2013. Impact of Sandy was offset by lower fuel costs, Deutsche said. Buy rating and $115 price target.
GrafTech International
(GTI)
numbers were lowered at Oppenheimer. Shares are now seen reaching $11. Estimates were also lowered on steel uncertainty, Oppenheimer said. Outperform rating.
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McDonald's
(MCD) - Get Report
estimates were cut at Credit Suisse through 2014. Credit Suisse said this reflected October/November comps and slightly weaker franchise margins. $100 price target and outperform rating.
AT&T
(T) - Get Report
estimates were trimmed at JP Morgan through 2013. Higher smartphone sales and subsidies, JP Morgan said. $36 price target and overweight rating.
Texas Instruments
(TXN) - Get Report
numbers were raised at Canaccord Genuity. Shares are now seen reaching $28. Company narrowed guidance, Canaccord said. Hold rating.
Texas Instruments estimates were trimmed at UBS through 2013. Fourth-quarter guidance update indicates stable, but weak business, UBS said. Neutral rating and $30 price target.
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This article was written by a staff member of TheStreet.
