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CHANGE IN RATINGS
downgraded at BofA/Merrill from Buy to Underperform, Bank of America/Merrill Lynch said. Margin expansion could take longer than expected. $13.50 price target.
downgraded at Brean from Buy to Hold, Brean Murray said. Company is leveraged to lower natural gas prices.
downgraded at Ticonderoga from Buy to Neutral, Ticonderoga said. Company is seeing lower margins and lacks sales visibility.
Cree upgraded at ThinkEquity from Hold to Buy, ThinkEquity said. $30 price target. Valuation call, based on a $30 price target.
downgraded at FBR from Outperform to Market Perform, FBR Capital Markets said. $50 price target. Company is facing higher credit costs and narrower margins.
downgraded at UBS to Neutral from Buy, UBS said. $46 price target. Subscriber growth likely to slow.
rated new Buy at ThinkEquity. $100 price target. Sapien catheter should drive near-term growth.
rated new Underweight at JP Morgan. $31 price target. Company is facing increased competition.
downgraded at Piper from Overweight to Neutral, Piper Jaffray said. $29 price target. Company faces currency headwinds.
downgraded at Wells from Outperform to Market Perform, Wells Fargo said. Company faces several potential growth headwinds.
Hudson City Bancorp
downgraded at BofA/Merrill from Neutral to Underperform, Bank of America/Merrill Lynch said. Stock appears fully valued at current levels.
downgraded at BMO from Outperform to Market Perform, BMO Capital said. Valuation call, based on a $25 price target.
downgraded at Keybanc from Buy to Hold, Keybanc said. Mild weather is hurting HVAC demand.
upgraded at Credit Suisse from Underperform to Neutral, Credit Suisse said. $13 price target. Strip activity is showing steady gains.
downgraded at JP Morgan from Overweight to Neutral, JP Morgan said. Valuation call, based on a $63 price target.
downgraded at BofA/Merrill from Neutral to Underperform, Bank of America/Merrill Lynch said. Company faces earnings headwinds in the new year.
rated new Neutral at Credit Suisse. $72 price target. Company remains highly leveraged to declining department store traffic.
downgraded at Keybanc from Buy to Hold, Keybanc said. Channel checks show a difficult consumer environment.
rated new Outperform at Credit Suisse. $168 price target. Company can deliver consistent double-digit annual growth.
downgraded at Wedbush from Outperform to Neutral, Wedbush said. $98 price target. Company lacks near-term catalysts.
rated new Neutral at JP Morgan. Valuation call, based on a $31 price target.
downgraded at BMO to Market Perform, BMO Capital said. $22 price target. Beef margins could begin to contract.
downgraded at JP Morgan from Overweight to Neutral, JP Morgan said. $21 price target. Cessna recovery is taking longer.
downgraded at Keybanc from Buy to Hold, Keybanc said. Stock has made a good move, but channel checks suggest lower HVAC demand.
STOCK COMMENTS / EPS CHANGES
estimates lowered at UBS through 2013, UBS said. Incremental headwinds from interest rates. Maintain Neutral rating and $16 price target.
target raised at Oppenheimer to $47, Oppenheimer said. Stock remains cheap. Outperform rating.
Citigroup estimates, target lowered at Bernstein.C estimates were cut through 2013, Bernstein said. Costs remain high and capital markets are weak. Outperform rating and new $40 price target.
Citigroup estimates lowered at UBS.C estimates lowered through 2013, UBS said. Weak 4Q results driven by softer capital markets revenue expectations. Maintain Buy rating and $43 price target.
numbers lowered at Citigroup.Shares of CE now seen reaching $50, according to Citigroup. Estimates also lowered on slowdown in Europe. Maintain Neutral rating.
numbers lowered at Jefferies. Shares of CPWR now seen reaching $9, Jefferies said. Estimates also lowered after result reported below expectations. Buy rating.
estimates, target reduced at Goldman.Shares of CREE now seen reaching $36, according to Goldman Sachs. Estimates also cut, given lower core LED sales. Buy rating.
Cree estimates lowered at Jefferies through 2012, Jefferies said. Missed fiscal second quarter on Power/RF revenue decline. Buy rating.
numbers cut at Goldman. Shares of ERTS now seen reaching $22, according to Goldman Sachs. Estimates also lowered, as costs are rising. Neutral rating.
numbers cut at Credit Suisse.Shares of IPI now seen reaching $26, according to Credit Suisse. Estimates also reduced, given lower volume demand. Neutral rating.
numbers raised at UBS. Shares of KFT now seen reaching $45, according to UBS. Estimates also increased to reflect the margin opportunities of a streamlined distribution system.
numbers lowered at Oppenheimer. Shares of MA now seen reaching $385, Oppenheimer said. Estimates also lowered on lower cross-border volumes. Outperform rating.
numbers adjusted at Citigroup. Shares of MTB now seen reaching $75. Estimates lowered after headlines miss in a relatively messy quarter. Neutral rating.
target reduced at Bernstein.Shares of NFLX now seen reaching $71, according to Bernstein. Subscriber growth should decelerate by the end of the year. Market Perform rating.
estimates lowered at Citigroup through 2012, Citigroup said. Notable appreciation in some key currencies. Maintain $75 price target and Neutral rating.
estimates lowered at UBS through 2012, UBS said. Planned '12 downtime up 7%, but improvement from recent fleet updates. Buy rating and $62 price target.
Research in Motion
target raised at Jefferies. Shares of RIMM now seen reaching $17, Jefferies said. Greater probability of Samsung partnership. Hold rating.
numbers cut at Benchmark. RRD estimates were reduced through 2012, Benchmark said. Company is seeing lower sales. Buy rating and new $16 price target.
numbers raised at Morgan Stanley. Shares of WFC now seen reaching $32, according to Morgan Stanley. Estimates also increased, as the company is realizing higher net interest margins. Overweight rating.
Wells Fargo numbers raised at Citigroup.Shares of WFC now seen reaching $32, according to Citigroup. Estimates also increased on strong earnings results. Neutral rating.
Wells Fargo target raised at Oppenheimer. Shares of WFC now seen reaching $34, Oppenheimer said. Solid fourth quarter results. Outperform rating.
Wells Fargo numbers raised at UBS. Shares of WFC now seen reaching $31, according to UBS. Estimates also increased on strong top line growth. Neutral rating.
STRATEGY CALLS / MARKET CALLS
sector rated new Attractive at Morgan Stanley. Coverage of the regulated utility sector was started with an Attractive rating, Morgan Stanley said. Group offers solid dividends and low-risk earnings growth. SRE and XEL are the analysts' top picks.
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This article was written by a staff member of TheStreet.