Clean Energy: Analysts' Upgrades, Downgrades
NEW YORK (TheStreet) -- CHANGE IN RATINGS
Ameren
(AEE) - Get Ameren Corporation Report
rated new Market Perform at Wells. Stock looks reasonably valued ahead of two pending rate cases.
Clean Energy
(CLNE) - Get Clean Energy Fuels Corp. Report
downgraded at BofA/Merrill from Buy to Neutral. Valuation call, based on a $24 price target.
Cisco Systems
(CSCO) - Get Cisco Systems, Inc. Report
rated new Buy at Wunderlich Securities. $33 price target. New product lines in routing and switching should drive further growth.
Dupont
(DD) - Get DuPont de Nemours, Inc. Report
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.
Dollar General
(DG) - Get Dollar General Corporation Report
upgraded at Wells from Market Perform to Outperform. Company has several operating levers and government stimulus should boost disposable income for customers.
TheStreet Recommends
Dollar Tree
(DLTR) - Get Dollar Tree, Inc. Report
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.
Diamond Offshore
(DO) - Get Diamond Offshore Drilling, Inc. Report
initiated at JP Morgan with an Underweight rating and $92 price target. Introduces 2010 EPS estimates of $8.44.
Ensco
(ESV)
initiated at JP Morgan. Initiated with a Buy rating and $57 price target. Introduces 2010 EPS estimates of $3.68.
Jack in the Box
(JACK) - Get Jack in the Box Inc. Report
downgraded at Stifel from Buy to Hold. Valuation call, based on a $24 price target.
Noble Corporation
(NE) - Get Noble Corporation Report
initiated at JP Morgan with a Neutral rating and $92 price target. Introduces 2010 EPS estimates of $5.39.
Pride International
initiated at JP Morgan with a Neutral rating and $49 price target. Introduces 2010 EPS estimates of $1.47.
Transocean
(RIG) - Get Transocean Ltd. Report
initiated at JP Morgan with a Neutral rating and $95 price target. Introduces 2010 EPS estimates of $8.38.
Charles Schwab
(SCHW) - Get Charles Schwab Corporation Report
rated new Buy at UBS. $24 price target. Company is the top asset gatherer in the industry and should benefit from rising interest rates.
Williams Cos.
(WMB) - Get Williams Companies, Inc. Report
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
Sotheby's
estimates, target boosted at JMP through 2011. Company is seeing improving auction rated, especially in London. Outperform rating and new $38 price target.
Bally Technologies
(BYI)
numbers cut at Goldman through 2012. Company lowered guidance because of Alabama and lower overall margins. Neutral rating and new $42 price target.
General Dynamics
(GD) - Get General Dynamics Corporation Report
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.
Goodrich
( 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.
Precision Castparts
(PCP)
numbers raised at BofA/Merrill through 2014. Company should see higher commercial OEM rates. Buy rating and new $138 price target.
VMWare
(VMW) - Get VMware, Inc. Class A Report
target raised at UBS to $62. Company should have a strong quarter, given positive channel checks. Buy rating.
Wilmington Trust
( 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.
Yum! Brands
(YUM) - Get Yum! Brands, Inc. Report
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.
