NEW YORK (TheStreet) -- CHANGE IN RATINGS
rated new Market Perform at Wells. Stock looks reasonably valued ahead of two pending rate cases.
downgraded at BofA/Merrill from Buy to Neutral. Valuation call, based on a $24 price target.
rated new Buy at Wunderlich Securities. $33 price target. New product lines in routing and switching should drive further growth.
upgraded at BofA/Merrill to Neutral. $40 price target. Estimates also raised, as fundamentals are improving, despite the risk of a higher dollar and raw materials costs.
upgraded at Wells from Market Perform to Outperform. Company has several operating levers and government stimulus should boost disposable income for customers.
rated new Market Perform at Wells Fargo. Company has the best sales growth potential in the industry, but a fixed pricing structure could suffer in an inflationary environment.
initiated at JP Morgan with an Underweight rating and $92 price target. Introduces 2010 EPS estimates of $8.44.
initiated at JP Morgan. Initiated with a Buy rating and $57 price target. Introduces 2010 EPS estimates of $3.68.
Jack in the Box
downgraded at Stifel from Buy to Hold. Valuation call, based on a $24 price target.
initiated at JP Morgan with a Neutral rating and $92 price target. Introduces 2010 EPS estimates of $5.39.
initiated at JP Morgan with a Neutral rating and $49 price target. Introduces 2010 EPS estimates of $1.47.
initiated at JP Morgan with a Neutral rating and $95 price target. Introduces 2010 EPS estimates of $8.38.
rated new Buy at UBS. $24 price target. Company is the top asset gatherer in the industry and should benefit from rising interest rates.
rated new Buy at Goldman. $28 price target. Earnings will likely come in ahead of consensus, as the company benefits from higher NGL prices.
STOCK COMMENTS / EPS CHANGES
estimates, target boosted at JMP through 2011. Company is seeing improving auction rated, especially in London. Outperform rating and new $38 price target.
numbers cut at Goldman through 2012. Company lowered guidance because of Alabama and lower overall margins. Neutral rating and new $42 price target.
numbers boosted at Oppenheimer. Shares of GD now seen reaching $88. Estimates also raised, as the lower interest expense will offset lower Combat results. Outperform rating.
( GR) estimates, target boosted at BofA/Merrill. Shares of GR now seen reaching $75. Estimates also increased, because of a stronger expected recovery in the OEM market. Neutral rating.
numbers raised at BofA/Merrill through 2014. Company should see higher commercial OEM rates. Buy rating and new $138 price target.
target raised at UBS to $62. Company should have a strong quarter, given positive channel checks. Buy rating.
( WL) numbers upped at Morgan Stanley. Shares of WL now seen reaching $19. Estimates also raised, given higher expected fee-based income. Equal-weight rating.
target boosted at Morgan Stanley. Shares of YUM now seen reaching $44. Stock is not factoring in the company's strong position in China. Overweight rating.
This article was written by a staff member of TheStreet.com.