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CHANGE IN RATINGS
upgraded at Wells from Market Perform to Outperform, Wells Fargo said. Recent pullback has created an attractive entry point.
downgraded at FBR from Outperform to Market Perform, FBR Capital Markets said. $3 price target. Company is leveraged to weaker PC demand.
Advanced Micro downgraded at Bernstein to Market Perform, Bernstein said. $2.50 price target. Lack confidence that management can turn the business around in the near term.
downgraded at Nomura from Buy to Neutral, Nomura said. $38 price target. Valuation call, as the stock is up 35% in the past two months.
downgraded at Jefferies to Underperform from Hold, Jefferies said. $60 price target. 3Q results miss.
upgraded at Oppenheimer to Outperform from Perform, Oppenheimer said. $44 price target. Add core holding on recent weakness.
rated new Neutral at JP Morgan. $38 price target. Profits are capable of rising with positive rates of change in Chinese economic growth.
Chipotle Mexican Grill
downgraded at Wedbush to Neutral from Outperform, Wedbush said. $270 price target. No longer see upside even with lowered expectations.
upgraded to buy at TheStreet Ratings.
rated new Neutral at Citigroup. $71 price target. Strong fundamentals, but valuation full.
downgraded at Wells Fargo to Market Perform from Outperform, Wells Fargo said. $9 to $10 valuation range. EPS misses in noisy quarter.
downgraded to sell at TheStreet Ratings.
downgraded at Compass Point from Buy to Neutral, Compass Point said. $16 price target. Company will struggle to grow revenue in a low interest rate environment.
rated new Underweight at Morgan Stanley. $21 price target. Company is using higher promotions and remains leveraged to lower sales in Europe.
downgraded at Oppenheimer from Outperform, Oppenheimer said. $765 price target. Mobile device sales weighing on margins.
Google downgraded at BofA/Merrill to Neutral, Bank of America/Merrill Lynch said. $745 price target. Estimates also cut, as the company is realizing lower margins.
upgraded at FBR to Market Perform from Underperform, FBR Capital Markets said. Valuation call, by the new analyst. $7.50 price target.
upgraded at JP Morgan from Neutral to Overweight, JP Morgan said. $56 price target. Company can continue to expand operating margins.
upgraded at BofA to Buy from Neutral, Bank of America Merrill Lynch said. $620 price target. Da vinvi robot should play a significant role in US general surgery over time.
Janus Capital Group
downgraded at JP Morgan to Underweight from Neutral, JP Morgan said. $9.50 price target. Valuation has outpaced fundamentals.
downgraded at Citigroup to Neutral from Buy, Citigroup said. $9 price target. Approaching peak liability repricing leverage.
upgraded at Wunderlich from Hold to Buy, Wunderlch said. $50 price target. Earnings growth can accelerate, given higher rates in Iowa.
downgraded at FBR from Outperform to Market Perform, FBR Capital Markets said. $9.50 price target. Company can continue to lose market share in cellular.
Marvell Technology Group downgraded at Oppenheimer to Hold from Buy, Jefferies said. $9 price target. Quarter miss and CFO departure. Hold rating.
Marvell Technology downgraded at Craig-Hallum from Buy to Hold, Craig-Hallum said. $10 price target. Company cut guidance and its CFO stepped down.
Marvell Technology downgraded at Lazard from Buy to Neutral, Lazard said. CFO is leaving and the company cut its sales guidance.
downgraded at Oppenheimer to Perform from Outperform, Oppenheimer said. Valuation looks full.
downgraded at FBR from Outperform to Market Perform, FBR Capital Markets said. $14 price target. Company is leveraged to lower PC demand and lacks near-term catalysts.
upgraded at Piper to Overweight, Piper Jaffray said. $53 price target. Company should benefit from changes in the NAND market.
downgraded at JP Morgan from Overweight to Neutral, JP Morgan said. Valuation call, based on a $37 price target.
T. Row Price
upgraded at JP Morgan to Overweight from Neutral, JP Morgan said. $77 price target. Potential for retail re-engagement.
upgraded at JP Morgan from Neutral to Overweight, JP Morgan said. New analyst has a $29 price target.
upgraded at Pacific Crest to Outperform, Pacific Crest said. $53 price target. Company has balance margins and its growth is being underappreciated.
rated new Neutral at UBS. $57 price target. High valuation and expectations, very large competitors.
STOCK COMMENTS / EPS CHANGES
numbers raised at Jefferies. Shares of ABX now seen reaching $50, Jefferies said. Estimates also raised on raised gold forecasts. Buy rating.
estimates, target reduced at Bernstein. BBT estimates were cut through 2013, Bernstein said. Company lowered its guidance. Market Perform rating and new $34 price target.
added to Top Picks Live! at Citigroup. Superior asset gathering. $20 price target and Buy rating.
Chipotle Mexican Grill
numbers lowered at Jefferies. Shares of CMG now seen reaching $215, Jefferies said. Estimates also lowered on key metrics slowing. Underperform rating.
estimates, target cut at Goldman. Shares of ETFC now seen reaching $8, according to Goldman Sachs. Estimates also reduced, given lower net interest income and credit provisions. Neutral rating.
numbers cut at JMP. Shares of FB now seen reaching $30, JMP said. Estimates also lowered on new valuations for PC and mobile business. Market Outperform rating.
numbers cut at Bernstein. Shares of FITB now seen reaching $15, according to Bernstein. Estimates also reduced, as the company is realizing higher costs. Market Perform rating.
numbers cut at BMO. Shares of GOOG now seen reaching $800, BMO said. Estimates also lowered as data center and MMI dragged down results. Outperform rating.
Google numbers cut at Citigroup. Shares of GOOG now seen reaching $800, Citigroup said. Estimates also lowered on modestly soft 3Q results. Buy rating.
numbers raised at Jefferies. Shares of MA now seen reaching $552, Jefferies said. Estimates also raised on solid volume metrics. Buy rating.
estimates, target boosted at Nomura.Shares of RVBD now seen reaching $24, according to Nomura. Estimates also upped, as the company continues to execute well. Neutral rating.
estimates, target increased at Sterne Agee. SNDK estimates were raised through 2013, Sterne Agee said. Company is expanding its handset base and supply is flat. Buy rating and new $51 price target.
numbers raised at Sterne Agee. Shares of UNP now seen reaching $137, according to Sterne Agee. Estimates also increased, as the company is cutting costs. Buy rating.
numbers raised at Deutsche Bank. Shares of VZ now seen reaching $45, Deutsche Bank said. Estimates also increased as momentum for 2013 comes into focus.
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This article was written by a staff member of TheStreet.