Netflix: Analysts' Upgrades, Downgrades

Netflix downgraded at Citigroup and Merriman.
Author:
Publish date:

NEW YORK (

TheStreet

) --

CHANGE IN RATINGS

Bank of Hawaii

(BOH) - Get Report

downgraded at Credit Suisse to Neutral from Outperform on relative valuation. Price target trimmed by a dollar to $60. Estimates cut through 2012.

First American

(FAF) - Get Report

downgraded at KBW from Outperform to Market Perform. Valuation call, based on a $39 price target.

Lululemon

(LULU) - Get Report

rated new Hold at Jefferies. $38 price target. Valuation call, though the company has attractive growth potential.

Netflix

(NFLX) - Get Report

downgraded at Citigroup from Buy to Hold. Valuation call, based on a $110 price target.

Netflix

(NFLX) - Get Report

downgraded at Merriman from Buy to Neutral. Valuation call, though the shift toward streaming movies should boost margins.

NetApp

(NTAP) - Get Report

rated new Positive at Susquehanna. Coverage of NTAP was started with a Positive rating. $41 price target. Company could return to high-teens sales growth.

Office Depot

(ODP) - Get Report

upgraded at Oppenheimer from Underperform to Perform. $7 price target. Industry is a late-cycle retail play.

Stryker

(SYK) - Get Report

upgraded at Barclays to Equal Weight from Underweight as the company should benefit from improved hospital capital spending trends. Price target jumped to $62 from $56.

Vertex Pharma

(VRTX) - Get Report

rated new Market Perform at Wells Fargo. Investors have high expectations for the company's hepatitis drug, telaprevir.

The Street Ratings

Top Rated Stocks by Industry

STOCK COMMENTS / EPS CHANGES

American Eagle

(AEO) - Get Report

estimates, target cut at UBS. Shares of AEO now seen reaching $17. Estimates also reduced, as inventory is high, which could lead to higher markdown activity. Neutral rating.

Anadarko Petroleum

(APC) - Get Report

target cut at Goldman. APC target was lowered to $83. Company could be hurt even further by the oil spill. Neutral rating.

Gildan Activewear

(GIL) - Get Report

numbers raised at FBR. Shares of GIL now seen reaching $31. Estimates also increased, as the company is gaining market share and raising prices. Market Perform rating.

Nordstrom

(JWN) - Get Report

estimates reduced at Goldman through 2012. Company is facing higher compensation costs. Neutral rating and $49 price target.

Legg Mason

(LM) - Get Report

estimates, target raised at Goldman. Shares of LM now seen reaching $34. Estimates also increased, given better investment performance. Neutral rating.

Monsanto

(MON)

estimates, target lowered at Morgan Stanley. MON estimates were reduced through 2012. Expect further disappointments from Roundup. Overweight rating and new $70 price target.

PG&E

(PCG) - Get Report

estimates increased at FBR through 2012. Company is seeing better results, aided by lower interest expenses.

Sandisk

(SNDK)

target upped at Morgan Stanley to $49. Product pricing appears firm so far this quarter. Overweight rating.

This article was written by a staff member of TheStreet.com.