CHANGE IN RATINGS
downgraded at UBS: UBS said it is downgrading HRB to Neutral from Buy citing prepayment risks and loan defaults. Lowered target price to $23 from $28.
Upgraded at Credit Suisse: Credit Suisse said it is upgrading LPX to Neutral from Underperform. Believes stock is trading at fair value. Maintained $19 target price.
upgraded at UBS: UBS said it is upgrading VRTX to Buy from Neutral based on valuation and expected momentum. Maintained $42 target price.
STOCK COMMENTS / EPS CHANGES
estimates raised at Jefferies Jefferies said it is increasing its 2007 to $4.85 from $4.50 due to recent C-17 orders and the pending Aviall acquisition. Reiterated Buy rating and $100 price target.
estimates lowered at Goldman Sachs Goldman said it is cutting its 2007 estimates on CHS to $1.00 from $1.21 after management lowered guidance. See challenge of building same-store sales in already highly productive stores. Maintain Neutral rating.
estimates raised at Prudential Prudential said it is raising its 2007 estimates on NEM by 22 cents to 47 cents a share to reflect 2007 copper forecast. Maintained Neutral Weight rating.
target cut at Piper Piper said it is cutting its target price on TSCO from $63 to $58 as channel checks suggest sluggish sales. Maintained Outperform rating.
estimates cut at Piper Piper said it is cutting its 2007 estimates on WSM by 11 cents to $1.87 a share to reflect guidance. Maintained Outperform rating.
estimates reduced at Goldman Sachs Goldman said it is cutting its 2006 estimates on WSM by 4 cents to $1.86 after company guided lower. Management highlighted weak initial response to fall mailing in July. Price target lowered by a dollar to $36 and maintain Neutral rating.