
Clean Energy: Analysts' Upgrades, Downgrades
NEW YORK (TheStreet) -- CHANGE IN RATINGS
Ameren
(AEE) - Get Report
rated new Market Perform at Wells. Stock looks reasonably valued ahead of two pending rate cases.
Clean Energy
(CLNE) - Get Report
downgraded at BofA/Merrill from Buy to Neutral. Valuation call, based on a $24 price target.
Cisco Systems
(CSCO) - Get Report
rated new Buy at Wunderlich Securities. $33 price target. New product lines in routing and switching should drive further growth.
Dupont
(DD) - Get 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 Report
upgraded at Wells from Market Perform to Outperform. Company has several operating levers and government stimulus should boost disposable income for customers.
Dollar Tree
(DLTR) - Get 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 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 Report
downgraded at Stifel from Buy to Hold. Valuation call, based on a $24 price target.
Noble Corporation
(NE) - Get 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 Report
initiated at JP Morgan with a Neutral rating and $95 price target. Introduces 2010 EPS estimates of $8.38.
Charles Schwab
(SCHW) - Get 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 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
(BID) - Get Report
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 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 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 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.