Dish: Analysts' Upgrades, Downgrades

Dish Network target raised at Citigroup, upgraded at UBS from neutral to buy.
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American Eagle

(AEO) - Get Report

downgraded at BofA/Merrill to Underperform from Neutral on valuation. Price target improved to $23 from $18.

Abercrombie & Fitch

(ANF) - Get Report

upgraded at BofA/Merrill to Neutral from Underperform as international expansion is key growth driver. Price target boosted to $50 from $37.

BJ's Wholesale Club

(BJ) - Get Report

upgraded at Credit Suisse to Neutral from Underperform. Pressure from Wal-mart not intensifying and food inflation could help. Price target surged to $40 from $31. 2011 and 2012 EPS estimates improved to $2.66 and $2.87, respectively.


(CELG) - Get Report

downgraded at Jefferies from Buy to Hold. Valuation call, based on a $65 price target.

Cummins Engine

(CMI) - Get Report

upgraded at UBS from Neutral to Buy. Company should benefit from an improving truck demand outlook.

Dominion Resources

(D) - Get Report

downgraded at Morgan Stanley to Underweight from Equal-weight. $38.50 price target. Stock is already pricing in a positive rate deal and asset sales.

Dish Network

(DISH) - Get Report

target raised at Citigroup. Shares of DISH now seen reaching $24. Company will likely use debt to pay TIVO. Buy rating.

Dish Network

(DISH) - Get Report

upgraded at UBS from Neutral to Buy. Tivo lawsuit is weighing on earnings, but competitive pressures are waning. $26 price target.

JC Penney

(JCP) - Get Report

upgraded at Goldman to Buy. Stock was also added to the Conviction List, as the company should see a sales recovery is 2010. Estimates and price target also raised to $37.

MGM Mirage

(MGM) - Get Report

downgraded at Soleil from Hold to Sell. $11 price target. February Las Vegas data was disappointing.

Northwest Natural

(NWN) - Get Report

downgraded at UBSfrom Buy to Neutral. Valuation call, based on a $48 price target.

Strayer Education

(STRA) - Get Report

downgraded at Oppenheimer from Outperform to Perform. Margins are near peak levels, which could limit further upside potential.


(WSM) - Get Report

upgraded at Oppenheimer from Perform to Outperform. $40 price target. Aggressive structural shifts will help the company which is already benefiting from a cyclical recovery.

Stock Comments / EPS Changes


(ACN) - Get Report

estimates cut at Goldman. ACN estimates were reduced through 2012. Company is seeing lower interest income and share buybacks. Buy rating and $50 price target.


(ACN) - Get Report

estimate raised at Barclays. ACN 2011 EPS estimate improved to $3.02, 2010 held at $2.63. Analysts expect ACN to return to normalized growth. Reiterate Equal Weight rating and $43 price target.

American Eagle

(AEO) - Get Report

cut from Top Picks List at FBR. Valuation call, as TLB appears to have more near-term upside potential.



price target raised at Barclays to $33 from $27 as sales stay strong. 2010 and 2011 EPS estimates set at $2.73 and $2.50, respectively. Maintain Underweight rating.


(CVX) - Get Report

estimates increased at UBS through 2011. Company is seeing higher earnings both in upstream and downstream operations. Buy rating and $92 price target.

Forest Laboratories


estimates cut at Morgan Stanley through 2012. Company will be hurt by poor panel vote for Daxas. Overweight rating and $33 price target.


(GPS) - Get Report

estimates, target boosted at Goldman. Shares of GPS now seen reaching $20. Estimates also increased, because of stronger sales at Old Navy. Sell rating.

Marathon Oil

(MRO) - Get Report

estimates reduced at Morgan Stanley through 2012. Company is seeing lower refining and marketing earnings. Underweight rating and $34 price target.

Marathon Oil

(MRO) - Get Report

estimates lowered at Barclays. MRO 2010 and 2011 EPS estimates cut to $2.70 and $3.60, respectively. Maintain $34 price target and Equal Weight rating.


(NAV) - Get Report

target raised, estimates changed at Barclays. NAV price target increased to $46 from $42 on stronger guidance. 2010 EPS estimate lifted to $2.50, 2011 lowered to $5. Reiterate Equal weight rating.

Shaw Group


estimates lowered at Goldman through 2012. Company is seeing lower award bookings. Neutral rating and $30 price target.

TJX Companies

(TJX) - Get Report

cut from Conviction Buy List at Goldman. Expect the company to see relatively slower sales and decelerating earnings growth. $50 price target.


(VALE) - Get Report

price target boosted at Barclays to $41 from $37 as it should benefit from the 2-3 year tightness in the iron ore market. Vale is top pick in the group. Maintain Overweight rating.

Worthington Industries

(WOR) - Get Report

estimates upped at Goldman through 2012. Company will benefit from the ROCK acquisition. Neutral rating and $14 price target.

This article was written by a staff member of