NEW YORK (TheStreet) -- CHANGE IN RATINGS
upgraded at FBR from Underperform to Market Perform. $37 price target. Better credit performance could lower near-term risk.
upgraded at Pali from Neutral to Buy. $31 price target. Merchandising is improving, which should drive earnings higher.
downgraded at Merrill/BofA to Underperform from Neutral after stock's recent rally. 2009 and 2010 EPS estimates set at $2.07 and $2.77, respectively. $38 price target.
initiated at Merrill/BofA with a Neutral rating and $13 price target. Constructive view of CCOI's competitive positioning and free cash flow generation, said Merrill/BofA. 2009 and 2010 EPS estimates set at -$0.41 and $0.00, respectively.
rated new Market Perform at Leerink. Spin-off should help the company, but the stock is already trading at 18 times 2010 expected earnings.
downgraded at UBS. Rating lowered to Neutral from Buy. Maintains $27 price target. Maintains 2009 EPS estimates of $1.54.
numbers increased at Goldman to $35. Estimates also boosted, to reflect better international growth. Neutral rating.
upgraded at Natixis to Buy. $38 price target. Estimates also raised, to reflect a modest business recovery.
downgraded at JP Morgan. Rating lowered to Underweight from Neutral. Price target lowered to $6.50 from $11.50. 2009 EPS estimates lowered to $0.10 from $0.15.
numbers boosted at UBS. Shares to $22. Estimates also raised, to reflect higher realized gross margins. Neutral rating.
downgraded at Morgan Joseph to Hold. Valuation call, as retailers remain cautious with orders.
rated new Buy at Citigroup. $21 price target. Company is growing faster than its peers and is in the early stages of a cyclical recovery.
reinstated at Barclays with an Overweight rating and $21 price target. 2009 and 2010 EPS estimates set at $1.97 and $2.22, respectively.
SL Green Reality
downgraded at Merrill/BofA to Neutral from Overweight on valuation. Price target cut from $45 to $43.
upgraded at Pali from Sell to Neutral. Online advertising is improving and the company should also benefit from the economic rebound in China.
( TLAB) downgraded at UBS. Rating lowered to Neutral from Buy. Fiscal 2010 EPS estimates raised to $0.27 from $0.26.
STOCK COMMENTS / EPS CHANGES
Bank of America
estimates cut at Morgan Stanley through 2011. Company is skewed to early-cycle credit, but remains the best way to play an improvement in this area. Overweight rating and $30 price target.
Bank of America
target raised, estimates changed at Barclays. Price target lifted to $20 from $17. 2009 EPS estimate lowered to $0.40 from $0.50, 2010 unchanged at $1.10. Maintain Equal Weight rating.
target raised at FBR. Shares now seen reaching $49. Company should benefit from higher steam coal prices. Outperform rating.
target boosted at Morgan Stanley to $16. Entire sector should begin to see better advertising growth. Overweight rating.
numbers boosted at FBR. Estimates were raised through 2010. Company should post strong earnings this week, to reflect lower loan losses. Market Perform rating and $40 price target.
price target raised at Credit Suisse to $28 from $23 on expected strong quarterly results. Maintain Neutral rating. 2010 and 2011 EPS estimates set at $1.75 and $1.76, respectively.
price target, estimates boosted at Barclays. Price target raised to $40 from $36 on improving trends. 2010 and 2011 EPS estimates increased to $2.00 from $1.90 and to $2.20 from $2.10, respectively. Reiterate Overweight rating.
price target boosted at Merrill/BofA. DDR price target raised to $9.40 from $7.50 on improving NOI stream. Maintain Neutral rating.
Dr. Pepper Snapple
numbers increased at UBS. Shares now seen reaching $31. Estimates also raised, to reflect better expected volume growth. Neutral rating.
numbers boosted at Goldman through 2012. Labor costs remain higher, but the company is seeing better sales. Sell rating and new $37 price target.
estimates raised at FBR through 2010. Credit trends are improving. Market Perform rating and $12 price target.
target increased at Credit Suisse to $25 from $23. 2009 and 2010 EPS estimates set at $1.73 and $1.95, respectively. Maintain Neutral rating.
numbers raised at Morgan Stanley through 2010. Company should continue to deliver strong cash earnings. Overweight rating and new $20 price target.
( GENZ) estimates, target lowered at Morgan Stanley. Shares now seen reaching $58. Estimates also cut, as R&D spending remains high and the company will ultimately lose some lucrative patents. Equal-weight rating.
estimates raised at Goldman through 2011. Company should benefit from strong demand for PC's and LCD TV sales. Neutral rating and $17 price target.
numbers lowered at Goldman to $41. Estimates also cut, to reflect lower realized EBIT margins. Neutral rating.
estimates, target boosted at Goldman. Shares of HOG now seen reaching $23. Estimates also raised, to reflect better operating performance in the core motorcycle business. Neutral rating.
estimates raised at Goldman through 2010. Margins are improving, as the consumer remains steady and currency trends are improving. Buy rating and $250 price target.
price target up, estimates down at Barclays. Price target raised to $34 from $31. 2009 and 2010 EPS estimates cut to $3.22 from $3.27 and to $3.40 from $3.41, respectively. Reiterate Overweight rating.
price target raised at Thomas Weisel to $57 from $51. Reiterate Overweight rating. 2009 and 2010 EPS estimates set at $1.77 and $2.07, respectively.
estimates raised at Credit Suisse. PFE 2009 and 2010 EPS estimates to $2.01 from $1.99 and to $2.42 from $2.23, respectively. Maintain Outperform rating and $21 price target.
estimates, target increased at Goldman. Shares now seen reaching $35. Estimates also boosted, to reflect better sales and the weaker dollar. Neutral rating.
target, estimates raised at Merrill/BofA. Price target increased to $49. 2009 and 2010 EPS estimates raised to $2.73 from $2.29 and to $3.24 from $3.19, respectively. Reiterate Buy rating.
target boosted at Morgan Stanley to $36. Advertising is improving, driven by auto demand and in anticipation of election spending in 2010. Overweight rating.
estimates boosted at Goldman through 2012. Company is likely to see accelerated revenue growth, and should also benefit from better currency trends. Buy rating and $85 price target.
target lowered at FBR to $72. Company seeing lower production rates but higher steam coal prices. Market Perform rating.
This article was written by a staff member of TheStreet.com.