Bucyrus: Analysts' New Targets, Estimates
Click here for Analysts' Upgrades, Downgrades.
Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
) --
STOCK COMMENTS / EPS CHANGES
AutoDesk
(ADSK) - Get Report
price target lifted at Barclays to $41 from $36. We look for positive earnings revisions to drive the shares higher on improving license trends and margin leverage, Barclays said. Reiterate Overweight rating.
BJ's Wholesale Club
(BJ) - Get Report
target, estimates boosted at Citi. BJ price target raised to $49 from $42 as margin improvement fuels 3Q10 EPS surprise, Citigroup said. 2011 and 2012 EPS estimates increased to $2.54 and $2.94, respectively. Hold rating.
Bucyrus
( BUCY) price target boosted at Barclays to $92 from $80. CAT deal is testament to the strength of the global mining industry, Barclays said. Reiterate Overweight rating.
Catalyst Health Solutions
( CHSI) estimate boosted at Barclays to $2.39 from $2.20, 2010 held at $1.80. Change in estimate reflects anticipated adjustment to reported results post FutureScripts acquisition, Barclays said. Maintain Overweight rating.
Joy Global
( JOYG) price target higher at Barclays to $82 from $74. CAT-BUCY deal affirms mining up-cycle, but it also creates a stronger competitor, Barclays said. Maintain Overweight rating.
NetApp
(NTAP) - Get Report
price target jumped at Citi to $60 from $50. Impressive quarter despite share count headwind, Citigroup said. Reiterate Buy rating.
PetSmart
(PETM)
price target raised at Credit Suisse. PETM price target increased to $42 from $41. In line 3Q10 results, solid outlook, Credit Suisse said. 2011 and 2012 EPS estimates lifted to $2.00 and $2.30, respectively. Maintain Outperform rating.
Constellation Brands
(STZ) - Get Report
price target lifted at Citi by a dollar to $25 on market share recovery and profitable growth, Citigroup said. 2011 and 2012 EPS estimates raised to $1.78 and $2.03, respectively. Maintain Buy rating.
Teekay Offshore Partners
(TOO) - Get Report
price target boosted at Citi to $31.50 from $26. Expect strong 4Q after 3Q maintenance season, Citigroup said. Maintain Buy rating.
Vonage Holdings
(VG) - Get Report
price target higher at Citi to $2.75 from $2.50. Improving the subscriber mix with international LD plans, Citigroup said. Maintain Hold rating.
Updated at 10:11 a.m. with items below
:
Applied Materials
(AMAT) - Get Report
target increased at Morgan Stanley to $16. Company is seeing better orders across the board. Overweight rating.
Aruba Networks
(ARUN)
estimates boosted at Goldman through 2012. Company upped its guidance. Buy rating and $24 price target.
Chico's FAS
(CHS) - Get Report
estimates, target raised at Goldman. Shares of CHS now seen reaching $9. Estimates also increased, given tight cost controls. Sell rating.
HJ Heinz
(HNZ)
numbers boosted at Morgan Stanley. Shares of HNZ now seen reaching $52. Estimates also upped, given better exchange rates. Overweight rating.
Limited Brands
(LTD)
numbers raised at UBS. Shares of LTD now seen reaching $37. Estimates also increased, as the company is generating sales and margin growth. Buy rating.
NetApp
(NTAP) - Get Report
estimates lowered at UBS through 2012. Company is seeing a higher share count. Buy rating and $58 price target.
PetSmart
(PETM)
estimates, target increased at Goldman. PETM estimates were raised through 2012. Higher sales are driving better margins. Neutral rating and new $41 price target.
Target
(TGT) - Get Report
estimates upped at Goldman through 2012. Company should see better near-term sales. Neutral rating and $55 price target.
Unum Group
(UNM) - Get Report
estimates upped at Morgan Stanley through 2012. Company boosted its forward guidance. Equal-weight rating.
Cimarex Energy
(XEC) - Get Report
target boosted at UBS to $91. Company should see a higher multiple. Buy rating.
This article was written by a staff member of TheStreet.
