NEW YORK (TheStreet) -- CHANGE IN RATINGS
downgraded at Argus from Buy to Hold. Company had a poor third quarter and has limited upside potential over the next 12 months.
rated new Neutral at UBS. $24 price target. Company is in the early stages of a turnaround, but the stock could exhibit weakness in its early days of trading.
rated new Hold at Jefferies. $115 price target. Stock is up 70% year-to-date, and investors may look to shift away from fixed-income investments.
rated new Neutral at UBS. $55 price target. Valuation call, as gross margins will likely be flat in the near term.
rated new Neutral at Goldman. $30 price target. Company has mature natural gas assets that will outweigh potential from oil sands until 2011.
rated new Hold at Needham. Company is facing difficult comparisons at its theme parks.
Dick's Sporting Goods
upgraded at BofA/Merrill to Buy from Neutral. Price target raised to $28 from $23.
rated new Buy at Goldman. Coverage of EMN was started with a Buy rating. $72 price target. Company has cyclical leverage, with 70% of sales coming from economically sensitive areas.
upgraded at Thomas Weisel to Overweight from Market Weight as the company is poised for significant revenue growth in 2010. Price target raised from $3.50 to $5. 2009 and 2010 EPS estimates increased to $0.00 and $0.29, respectively.
coverage reinstated at BofA/Merrill with a Neutral rating and $8.50 price target.
( MEE) coverage reinstated at BofA/Merrill with a Buy rating and $16 price target.
( MEE) downgraded at BMO to Market Perform. $39 price target. Valuation call, as met coal volumes should recover year-over-year.
( MEE) upgraded at JP Morgan from Neutral to Overweight. $42 price target. Coal prices should benefit from higher international demand.
( MXB) rated new Equal-weight at Morgan Stanley. $33 price target. Investments may weigh on margin expansion.
rated new Buy at Suntrust, Robinson Humphrey. $23 price target. Company will launch about 500 new products in 2010 and likely pay down debt.
downgraded at BofA/Merrill to Underperform from Buy. Price target cut in half to $8 from $16.
rated new Outperform at Oppenheimer. $60 price target. Worst of the commercial aerospace cycle has likely passed.
T. Rowe Price
upgraded at Jefferies from Hold to Buy. $60 price target. Expect strong investment performance to drive growth.
rated new Buy at Jefferies. $40 price target. Well-established cable networks offer attractive value.
rated new Market Perform at FBR. $50 price target. Stock is already pricing in quality production growth.
STOCK COMMENTS / EPS CHANGES
estimates raised at Morgan Stanley through 2011. Sales trends have been strong. Underweight rating.
target, estimates boosted at Barclays. CE price target raised to $38 from $35 after meeting with management. 2009 and 2010 EPS estimates increased to $1.69 and $2.82, respectively. Reiterate Overweight rating.
target raised at Goldman to $51. Expect M&A to help resume growth. Sell rating.
estimates raised at Credit Suisse. 2010 and 2011 EPS estimates to $0.72 and $0.95, respectively. Reiterate Neutral rating and $27 price target.
estimates boosted at Goldman through 2011. Company is seeing better sales growth. Buy rating and $35 price target.
estimates raised at Goldman through 2012. Company should benefit from higher IT spending and market share gains in middleware. Buy rating and $27 price target.
( PCU) price target boosted at Credit Suisse to $31.50 from $26.50. Reiterate Underperform rating. 2009 and 2010 EPS estimates set at $1.00 and $1.87, respectively.
Research in Motion
( RIMM) estimates upped at Kaufman through 2011. Company will likely benefit from new product momentum. Buy rating and $93 price target.
This article was written by a staff member of TheStreet.com.