Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
CHANGE IN RATINGS, EPS
Advanced Micro Devices
upgraded at UBS from Neutral to Buy. $9 price target. Expect improved execution to drive more sustainable margins.
numbers upped at ThinkEquity.ALXN estimates were boosted through 2012. Solaris approval should boost near-term growth. Buy rating and new $76 price target.
estimates, target raised at Jefferies.Shares of ALKS now seen reaching $21. New analyst also increased, as the Elan Drug acquisition should add to earnings. Buy rating.
estimates increased at Morgan Stanley through 2013. Company is keeping a tight lid on costs, despite lower expected sales.
target reduced at BMO.Shares of CLX now seen reaching $62. Icahn premium will now likely come out of the stock. Market Perform rating.
estimates, target cut at UBS.Shares of DISH now seen reaching $29. Estimates also lowered for streaming costs and TerreStar transaction. Neutral rating.
upgraded at Stifel from Hold to Buy. $113 price target. Company should continue to gain market share.
upgraded at Piper from Neutral to Overweight. TripAdvisor spin-off should unlock value. International bookings are also ramping. $33 price target.
downgraded at Sterne Agee from Neutral to Underperform. Relative valuation call, based on a $44 price target.
upgraded at Morgan Stanley from Equal-weight to Overweight. $11 price target. Profitability should expand in the coming years.
upgraded at BMO Capital to Outperform. $32 price target. Despite limited near-term visibility, the company should be an early-cycle recovery play.
Green Mountain Coffee
rated new Buy at Argus. $130 price target. K-cups should continue to gain market share.
rated new Overweight at Morgan Stanley. $45 price target. Stock appears oversold at current levels.
Martin Marietta Materials
upgraded at Longbow from Neutral to Buy. $77 price target. Highway spending should remain stable through 2012.
estimates, target increased at UBSShares of MRVL now seen reaching $19.50. Estimates also raised a storage and networking remain resilient.
estimates reduced at JP Morgan through 2012. Company could face pricing pressure in the coming quarters. Underweight rating and $6.50 price target.
downgraded at Morgan Stanley from Overweight to Equal-weight. $16 price target. See better value elsewhere in the sector.
numbers boosted at Jefferies. Shares of PNM now seen reaching $18.50. Estimates also upped, as the sale of the company's non-regulated assets should add to earnings. Buy rating.
PNM Resources upgraded at Wells to Outperform. Company got a good price for its unregulated businesses.
cut from US 1 List at BofA/Merrill Lynch.
United Technologies upgraded at Morgan Stanley from Equal-weight to Overweight. $95 price target. Goodrich purchase should add to earnings.
United Technologies estimates, target lowered at UBS.Shares of UTX now seen reaching $91. Estimates also lowered on restructuring and deal costs. Buy rating.
End of report.
This article was written by a staff member of TheStreet.