eBay: Analysts' Upgrades, Downgrades

See who made what calls.

Author:: TSC Staff
Publish date:: Sep 9, 2009 9:09 AM EDT

NEW YORK (TheStreet) -- CHANGE IN RATINGS

Franklin Resources (BEN) - Get Report initiated at Barclays with an Overweight rating. 2009 and 2010 EPS estimates set at $3.53 and $5.36, respectively. Price target set at $104.

CareFusion

(CFN)

rated new Overweight at Morgan Stanley. 2010 and 2011 EPS estimate set at $1.21 and $1.42, respectively. Price target boosted to $23.

Checkpoint Software

(CHKP) - Get Report

downgraded at FBR from Outperform to Market Perform. Valuation call, based on a $29 price target.

DHT Maritime

(DHT) - Get Report

downgraded at UBS to Neutral from Buy. 2009 and 2010 EPS estimates set at $0.52 and $0.33, respectively. Price target slashed to $4 from $7.

eBay

(EBAY) - Get Report

upgraded at Bernstein to Outperform. $28 price target. Marketplaces business is turning around and leading indicators are pointing toward better used auto sales. Skype spin-out may also happen earlier than expected.

Eaton Vance

(EV) - Get Report

initiated at Barclays with an Equal Weight rating. 2009 and 2010 EPS estimates set at $1.01 and $1.53, respectively. Price target set at $29.

F5 Networks

(FFIV) - Get Report

upgraded at Deutsche Bank. Rating raised to Buy from Hold. Price target raised to $46 from $39. 2009 EPS estimates raised to $1.61 from $1.59.

Fortress Investment Group

(FIG)

upgraded at Barclays to Overweight from Equal Weight. 2009 EPS estimate lifted a penny to $0.28 and 2010 maintained at $0.48. Price target increased to $9 from $3.

Federated Investors

(FII) - Get Report

initiated at Barclays with an Equal Weight rating. 2009 and 2010 EPS estimates set at $1.88 and $2.01, respectively. Price target of $26.

Gen-Probe

(GPRO) - Get Report

upgraded at Oppenheimer to Outperform. $47 price target. Company has a solid pipeline and positive leading indicators for future clinical diagnostics growth.

Invesco Limited

(IVZ) - Get Report

upgraded at Barclays to Overweight from Equal Weight. 2009 and 2010 EPS estimates increased to $0.77 from $0.74 and to $1.17 from $1.10, respectively. Price target lifted to $25 from $20.

Morgan Stanley

(MS) - Get Report

upgraded at JP Morgan. Rating raised to Overweight from Neutral. Price target raised to $36 from $33. Maintains 2009 EPS estimates of $0.03.

Och-Ziff Capital Management Group

(OZM)

upgraded at Barclays to Overweight from Equal Weight. Maintain 2009 and 2010 EPS estimates at $0.34 and $0.90, respectively. Price target boosted to $13 from $5.

Southern Copper

( PCU) rated new Market Perform at Friedman, Billings Ramsey. $25 price target. Valuation call, even though the company has low-cost assets.

Sandisk

(SNDK)

upgraded at Deutsche Bank. Rating raised to Buy from Hold. Price target raised to $23 from $16. Maintains 2009 EPS estimates of $0.25.

STEC

(STEC)

initiated at JP Morgan. Initiated with an Overweight rating and $50 price target. Introduces 2009 EPS estimates of $1.39.

Stryker

(SYK) - Get Report

upgraded at Deutsche Bank. Rating raised to Buy from Hold. Price target raised to $50 from $42. 2009 EPS estimates raised to $2.94 from $2.93.

UPS

(UPS) - Get Report

upgraded at JP Morgan. Rating raised to Overweight from Neutral. Price target raised to $70 from $57. Maintains 2009 EPS estimates of $2.07.

Waddell & Reed Financial

(WDR) - Get Report

initiated at Barclays with an Equal Weight rating. 2009 and 2010 EPS estimates set at $1.12 and $1.58. $29 price target.

Wynn Resorts

(WYNN) - Get Report

upgraded at Oppenheimer to Perform. $61 price target. Growth should resume in Macau and there are positive prospects for a Hong Kong IPO.

STOCK COMMENTS / EPS CHANGES

Altera

(ALTR) - Get Report

price target boosted at Credit Suisse to $21 from $19. 2009 and 2010 EPS estimates set at $0.76 and $0.96, respectively. Maintain Neutral rating.

Atheros Communications

( ATHR) price target raised at Merrill/BofA to $28 from $23.50 after the company acquired Intellon. 2009 and 2010 EPS estimates set at $0.50 and $1.05, respectively. Maintain Neutral rating.

Best Buy

(BBY) - Get Report

price target lifted at Merrill/BofA to $42 from $40. 2010 and 2011 EPS estimate set at $2.75 and $3.05, respectively. Reiterate Neutral rating.

Microchip Technology

(MCHP) - Get Report

estimates raised at UBS through 2011. Company boosted guidance, confirming recent checks in Asia. Neutral rating and $28 price target.

Sears Holdings

(SHLD)

estimates lowered at UBS through 2011. Company continues to see lower sales at Sears and falling margins at Kmart. Sell rating and $47 price target.

MEMC Electronic

(WFR)

numbers cut at UBS. Shares now seen reaching $22. Estimates also lowered, because of a production failure at its polysilicon plant. Buy rating.