McAfee: Analysts' Upgrades, Downgrades

McAfee downgraded at FBR from Outperform to Market Perform. $48 price target. Does not expect another bidder to emerge outside of INTC.
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NEW YORK (TheStreet) -- CHANGE IN RATINGS

Brocade

(BRCD)

downgraded at Argus to Hold from Buy. Company had weak quarterly results and is not making much progress with the Foundry acquisition.

Equifax

(EFX) - Get Report

rated new Market Perform at Wells. Stock is already pricing in the beginning of a fundamental recovery.

Corning

(GLW) - Get Report

downgraded at Jefferies from Buy to Hold. $18.25 price target. Concerns of a supply-chain correction could hang over the stock.

Helmerich & Payne

(HP) - Get Report

downgraded at Sterne Agee from Buy to Neutral. $44 price target. Services costs are rising and hedges will eventually expire.

McAfee

(MFE)

downgraded at FBR from Outperform to Market Perform. $48 price target. Does not expect another bidder to emerge outside of INTC.

MGIC Investment

(MTG) - Get Report

rated new Neutral at Credit Suisse. Valuation call, based on a $9 price target.

MeadWestvaco

(MWV)

upgraded at Deutsche from Hold to Buy. $29 price target. Company has a strong balance sheet and is seeing improving business fundamentals.

Nabors Industries

(NBR) - Get Report

downgraded at Sterne Agee from Buy to Neutral. $21 price target. Land drillers could underperform the broader energy sector.

Research in Motion

(RIMM)

downgraded at Morgan Stanley from Overweight to Underweight. $47 price target. Company could lose market share at a faster pace.

Symantec

(SYMC) - Get Report

upgraded at UBS from Neutral to Buy. $16 price target. Company could gain market share while MFE is tied up with the acquisition.

STOCK COMMENTS / EPS CHANGES

Aeropostale

(ARO)

estimates, target lowered at Jefferies. Shares of ARO now seen reaching $25. Estimates also cut, as margins could remain under pressure. Hold rating.

Salesforce.com

(CRM) - Get Report

estimates, target increased at Barclays through 2012, Barclays Capital said. Bookings and cash flow continue to trend higher. Equal-weight rating and new $100 price target.

Salesforce.com

(CRM) - Get Report

estimates increased at Morgan Stanley through 2012. Company continues to execute ahead of plan. Equal-weight rating.

Dell

(DELL) - Get Report

estimates raised at Susquehanna through 2012. Company is seeing higher corporate sales. Neutral rating.

Dell

(DELL) - Get Report

estimates boosted at UBS through 2012. Company is seeing better sales and realizing a lower tax rate. Buy rating and $15.50 price target.

Dick's Sporting Goods

(DKS) - Get Report

estimates upped at Credit Suisse through 2011. Company is seeing higher sales. Outperform rating and $33 price target.

Dollar Tree

(DLTR) - Get Report

numbers boosted at Barclays. Shares of DLTR now seen reaching $53, according to Barclays Capital. Estimates also upped, as sales growth is driving higher margins. Overweight rating.

Intuit

(INTU) - Get Report

estimates, target raised at Credit Suisse. Shares of INTU now seen reaching $39. Estimates also increased, to match the company's new guidance. Neutral rating.

Intuit

(INTU) - Get Report

estimates, target raised at Morgan Stanley. Shares of INTU now seen reaching $47. Estimates also increased, as the company has pricing power and is gaining market share. Overweight rating.

JDS Uniphase

(JDSU)

estimates upped at Citigroup through 2012. Company is seeing better CCOP demand. Buy rating.

Nordstrom

(JWN) - Get Report

estimates, target boosted at Citigroup. Shares of JWN now seen reaching $49. Estimates also upped, given the company's stock buyback program. Buy rating.

Medtronic

(MDT) - Get Report

estimates, target cut at Citigroup. Shares of MDT now seen reaching $42. Estimates also lowered, given lower implant procedure volumes. Buy rating.

Met Life

(MET) - Get Report

estimates upped at UBS through 2011. Company is growing its ROE. Buy rating and $60 price target.

Marvell Technology

(MRVL) - Get Report

estimates increased at UBS. MRVL estimates were raised through 2012. Company is realizing better operating leverage. Buy rating and $25 price target.

Nordson

(NDSN) - Get Report

estimates increased at Barrington through 2011. Company is leveraged to a continued economic recovery. Outperform rating and $80 price target.

Verifone

(PAY)

target boosted at JP Morgan. Shares of PAY now seen reaching $25. Company is seeing solid business trends. Overweight rating.

PetSmart

(PETM)

estimates, target upped at Jefferies. PETM estimates were boosted through 2012. Business mix is improving and the company has improved merchandising. Buy rating and new $39 price target.

Ralcorp

(RAH)

estimates raised at Barclays increased through 2011. Company will realize a lower interest rate on its debt for the AIPC purchase. Overweight rating and $66 price target.

Zions Bancorporation

(ZION) - Get Report

estimates cut at Susquehanna through 2011. Financing changes will cut into earnings. Neutral rating.

This article was written by a staff member of TheStreet.