Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
CHANGE IN RATINGS
downgraded at Citigroup from Buy to Hold, Citigroup said. Valuation call, based on a $91 price target.
upgraded at Goldman from Neutral to Buy, Goldman Sachs said. $73 price target. Estimates also boosted, as the company is improving its ROE.
American Water Works
initiated at Credit Suisse with a Neutral rating and $29 price target. Offers geographic diversity and visibility in near-term earnings growth, Credit Suisse said.
( CEPH) downgraded at Piper from Overweight to Neutral, Piper Jaffray said. $58 price target. Company will likely boost spending in the coming years.
estimates, target raised at Goldman. Shares of CMG now seen reaching $310, according to Goldman Sachs. Estimates also increased, given higher sales traffic. Buy rating.
downgraded at Wells from Market Perform to Underperform, Wells Fargo said. Company is facing near-term margin pressure.
downgraded at Citigroup from Buy to Hold, Citigroup said. $22 price target. Estimates also cut, as the company is facing increased competition.
upgraded at Barclays to Overweight from Equal Weight. Sell off following EPS miss is attractive entry point, organic EPS growth should accelerate in next 12 months, Barclays said. Maintain $20 price target.
downgraded at Wells from Outperform to Market Perform, Wells Fargo said. Company will be hurt by rising dairy costs.
estimates, target lowered at Goldman. EXPE estimates were reduced through 2012, Goldman Sachs said. Lower bookings are cutting into margins. Neutral rating and new $26 price target.
downgraded at Benchmark from Buy to Hold, Benchmark Company said. $26 price target. Company is investing more into its marketing.
upgraded at Morgan Stanley from Equal-weight to Overweight, Morgan Stanley said. $28 price target. Estimates also boosted, given solid volume growth.
International Flavors & Fragrances
upgraded at Barclays to Overweight from Equal Weight on improvements in sales and better cost controls. Price target increased to $67 from $59.
upgraded at Barclays to Overweight from Equal Weight. Assets are at attractive valuations, Barclays said.
upgraded at Deutsche from Hold to Buy, Deutsche Bank said. $15 price target. Company is leveraged to positive momentum in the advertising market.
numbers raised at Goldman. Shares of MTD now seen reaching $169, according to Goldman Sachs. Estimates also increased, to match the company's new guidance. Neutral rating.
downgraded at Baird from Outperform to Neutral, Robert Baird said.$156 price target. Valuation call, even though the company boosted guidance.
numbers raised at UBS. Shares of MU now seen reaching $14, according to UBS. Estimates also increased, as the company can gain market share. Buy rating.
downgraded at Wells from Outperform to Market Perform, Wells Fargo said. Valuation call, as the stock is already factoring in a bottom on DRAM prices.
downgraded at Davenport to Neutral, Davenport said. Company lacks near-term catalysts.
estimates, target lowered at Goldman. PEP estimates were cut through 2013, Goldman Sachs said. Company is seeing lower pricing and higher input costs. Buy rating.
downgraded at Goldman to Neutral. $5 price target. Industry competition is building.
Waddell & Reid
upgraded at Citigroup from Hold to Buy, Citigroup said. $44 price target. Estimates also boosted, as the company is attracting more assets.
( WXS) downgraded at Goldman from Buy to Neutral, Goldman Sachs said. Valuation call, based on a $54 price target.
This article was written by a staff member of TheStreet.