NEW YORK (TheStreet) -- CHANGE IN RATINGS
Babcock & Wilcox
was initiated with an Overweight rating at Morgan Stanley. $28 price target. Company has a healthy balance sheet and strong order backlog.
was downgraded to Market Perform from Outperform at BMO Capital Markets on limited near-term growth, catalysts and appeal relative to other small-cap names. Price target cut to $30 from $38.
was upgraded to Overweight from Equal Weight at Barclays. Expect the company to improve its performance steadily in the coming years. Price target raised to $52 from $41.
was upgraded at Wunderlich to Buy from Hold on weakness following the proposed merger with
( NRGP). Price target raised to $46 from $40.
was initiated with a Hold rating at Jefferies. $43 price target. Should benefit from higher commodity prices for Enogex and rate increases at OG&E.
was downgraded to Neutral from Buy at Banc of America/Merrill Lynch on multiyear highs in absolute terms and valuation. Price target boosted to $20 from $19.
STOCK COMMENTS / EPS CHANGES
Advanced Auto Parts
price target boosted to $51 from $47 at Barclays. The company is expected to report solid second-quarter results with strong margins, Barclays said. Maintain Equal Weight rating.
( AONE) estimates cut at Morgan Stanley through 2012. Company is realizing lower gross margins. Equal-weight rating.
estimates increased raised through 2012 at Morgan Stanley. Company is performing well in a difficult environment. Overweight rating and $32 price target.
estimates boosted through 2012 at Sterne Agee. Company is realizing higher margins. Buy rating and $112 price target.
price target cut to $12 from $15 at Credit Suisse on anemic second-quarter results. Reiterate Outperform rating.
estimates were raised through 2011 at Jefferies. Company is seeing better Media Networks growth and advertising demand at ESPN. Buy rating and $41 price target.
estimates cut through 2011 at Morgan Stanley. Company is seeing lower sales as it cuts back on promotions. Equal-weight rating.
price target cut to $35 from $37 at Barclays. Company will report mixed sales trends for the second quarter, Barclays said. Reiterate Overweight rating.
numbers lowered through 2012 at Jefferies. Company will be hurt by lower housing demand. Buy rating and new $33 price target.
price target reduced to $26 from $28 at Barclays. Company will report mixed sales trends for the second quarter. Maintain Overweight rating.
Lowe's estimates, target reduced at Jefferies. Shares now seen reaching $24. Estimates also cut, given the weaker sales outlook. Buy rating.
estimates, target raised at UBS. Shares now seen reaching $17. Estimates also increased, given the company's solid bookings and higher realized margins. Buy rating.
estimates reduced through 2012 at Morgan Stanley. Company continues to see decelerating sales growth. Equal-weight rating.
estimates lowered through 2011 at Morgan Stanley. Company is seeing lower volumes and a softer pricing environment. Equal-weight rating.
price target lowered to $26 from $28 at Barclays. Expecting cautious second half of the year, Barclays said. Maintain Overweight rating.
( SPWRA) target upped to $13 at Kaufman Brothers. Company was sold out last quarter. Hold rating.
Sunpower price target raised raised to $16.50 from $16.30 at Credit Suisse as the company beat its second-quarter guidance. Maintain Neutral rating.
target lowered to $12.50 at UBS. Company has limited visibility for a sales recovery in the second half of the year. Neutral rating.
This article was written by a staff member of TheStreet.