AutoZone, Aflac: New Targets, Estimates
Also see: Halliburton, Juniper: Analysts' New Ratings
Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
) --
STOCK COMMENTS / EPS CHANGES
Aflac
(AFL) - Get Aflac Incorporated Report
price target cut at Citi to $55 from $57. Analyst meeting reveals much uncertainty remains, Citigroup said. Maintain Hold rating.
Applied Materials
(AMAT) - Get Applied Materials, Inc. Report
cut at UBS through 2012, UBS said. Company is facing lower silicon demand. Neutral rating and $15 price target.
Avago Technologies
(AVGO) - Get Broadcom Inc. Report
price target higher at Citi, to $42 from $40. Accelerating sales in 2H11 powered by wireless and industrial, Citigroup said. Maintain Buy rating.
AutoZone
(AZO) - Get AutoZone, Inc. Report
price target raised at Citi to $300 from $270. Strong execution drives solid 3Q results, Citigroup said. Maintain Hold rating.
El Paso
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( EP) numbers raised at Morgan Stanley. Shares of EP now seen reaching $26, according to Morgan Stanley. Estimates also increased, as the company breakup should help create value. Overweight rating.
Flextronics
estimates reduced at UBS through 2013. Company is winding down its computer ODM business. Buy rating and $9.50 price target.
Coca-Cola
(KO) - Get Coca-Cola Company Report
estimates increased at UBS through 2012. Key emerging markets are driving volume growth. Buy rating and $75 price target.
Macy's
target boosted at Morgan Stanley. Shares of M now seen reaching $33, according to Morgan Stanley. Company deserves a higher multiple. Overweight rating.
Medtronic
(MDT) - Get Medtronic Plc (MDT) Report
estimates lowered at Morgan Stanley through 2013, Morgan Stanley said. Company is seeing flat demand in developed markets. Equal-weight rating.
PepsiCo
(PEP) - Get PepsiCo, Inc. Report
target upped at UBS to $82. Company is attractively valued, on a sum-of-the-parts basis. Buy rating.
GT Solar
( SOLR) numbers raised at UBS. Shares of SOLR now seen reaching $17, according to UBS. Estimates also increase, given the company's new guidance. Buy rating.
End of report.
This article was written by a staff member of TheStreet.
