NEW YORK (TheStreet) -- CHANGE IN RATINGS
Barnes & Noble
downgraded at BofA/Merrill to Underperform from Neutral on uncertainty surrounding the company's digital initiatives and a deteriorating balance sheet. Price target reduced to $13 from $15.
rated new Buy at Citigroup. $47 price target. Recent acquisitions boost the company's growth profile.
rated new Hold at Citigroup. $53 price target. Company appears to have overpaid for a recent acquisition and is at risk if growth in China slows down.
rated new Buy at Citigroup. $19 price target. Company should be able to rescue its earnings growth.
downgraded at Jefferies from Buy to Hold. Risk is increasing that Avandia could be removed from the market.
rated new Hold at Citigroup. $45 price target. Company continues to face headwinds in aerospace and commercial construction.
rated new Hold at Citigroup. Valuation call, based on a $90 price target.
downgraded at Goldman from Buy to Neutral. $7.85 price target. Tablet demand is weighing heavily on the PC market. Estimates also lowered.
downgraded at Goldman from Neutral to Sell. $16 price target. Valuation call. Stock has a 5% dividend yield, but also faces margin compression.
upgraded at UBS from Neutral to Buy. $33.50 price target. Stock has pulled back 25% since earnings, and the company should deliver solid fourth-quarter growth.
rated new Buy at Janney. $30 price target. Company is leveraged to continued growth in the water sector.
downgraded at Citigroup from Hold to Sell. $7.93 price target. Company should not trade at a premium to its peers.
initiated at Barclays with an Overweight rating and $18 price target. Above industry sales growth combined with solid margin expansion drives positive view.
initiated at Credit Suisse with an Outperform rating and $16 price target. Key drivers: margin expansion and financial deleveraging.
upgraded at BofA/Merrill to Neutral from Underperform on healthy volume trends. Price target jumped to $59 from $52.
upgraded at UBS from Neutral to Buy. $42 price target. High specification jackup dayrates are moving up ahead of expectations.
downgraded at BofA/Merrill to Neutral from Buy, valuation call. No change to $45 price target.
rated new Buy at Citigroup. $46 price target. Management is improving the company's operating metrics.
rated new Hold at Citigroup. $76 price target. Company is a late-cycle industrial play.
STOCK COMMENTS / EPS CHANGES
estimates increased at Morgan Stanley through 2012. Two recent acquisitions should add to earnings. Overweight rating.
price target boosted at Barclays to $49 from $47 as the company may be able to increase margins even in the face of a weak sales environment. Reiterate Overweight rating.
estimates boosted at Credit Suisse. BBY 2011 and 2012 EPS estimates increased to $3.58 and $3.94, respectively. BBY is the most undervalued large cap in our coverage. Maintain Outperform rating and $48 price target.
estimates, target raised at Citigroup. Shares of BLK now seen reaching $175. Estimates also increased, given better investment returns and asset flow expectations. Hold rating.
price target cut at Credit Suisse. CMA price target trimmed by a dollar to $40 on more cautious loan growth. Maintain Neutral rating.
target lowered at Kaufman. Shares of CSC now seen reaching $48. IT outsourcing and systems integrations face growth headwinds. Hold rating.
estimates, target lowered at Citigroup. GLW estimates were cut through 2011. Company cut its guidance for glass sales. Buy rating and new $22.50 price target.
price target lowered at Barclays to $24 from $26. Stock will have trouble moving up meaningfully until the external environment shows signs of improvement, Barclays said. Maintain Overweight rating.
estimates, target upped at UBS. KR estimates were boosted through 2012. Company continues to execute well in a difficult environment. Neutral rating and new $23 price target.
price target boosted at BofA/Merrill to $26 from $24. We remain attracted their strong dividend and improving volume trends. Reiterate Buy rating.
price target lifted at Barclays. MOH price target increased to $30 from $28 as the company raised guidance at its investor day. 2010 and 2011 EPS estimates increased to $1.70 and $1.80, respectively. Maintain Equal Weight rating.
numbers increased at Citigroup. Shares of MYGN now seen reaching $19. Estimates also raised, as the company has pledged to repurchase more stock. Hold rating.
estimates cut at Goldman through 2013. Company has limited end-market visibility. Neutral rating and $34 price target.
estimates, target boosted at Jefferies. Shares of PLL now seen reaching $45. Estimates also upped, given the company's late-cycle exposure. Buy rating.
price target lower at Barclays. SONC price target trimmed by a dollar to $8 as the company offered 2011 guidance with limited visibility. Reiterate Equal Weight rating.
numbers reduced at UBS. Estimates were cut through 2011. Company is seeing falling steel prices and lower scrap volumes. Buy rating and new $20 price target.
numbers raised at Oppenheimer. Shares of SWKS now seen reaching $25. Estimates also increased, following positive channel checks. Outperform rating.
numbers boosted at Citigroup. Shares of THS now seen reaching $46. Estimates also upped, as the S.T. Specialty acquisition should add to earnings. Hold rating.
price target lifted at Barclays. TRAK shares now seen reaching $18, up from $17. Improved visibility for growth in the applications business was takeaway from investor meeting. Equal Weight rating.
This article was written by a staff member of TheStreet.