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Pepsi, KBR, Target: New Targets, Estimates

Pepsi, KBR, Target: New Targets, Estimates

Pepsi Co price target boosted at Citi to $73. KBR added to Conviction Buy List at Goldman. Target estimates lowered at Jefferies through 2012.

Pepsi Co price target boosted at Citi to $73. KBR added to Conviction Buy List at Goldman. Target estimates lowered at Jefferies through 2012.

Also see: RIM, Campbell Soup: Analysts' New Ratings

Editor's Note: Green and red arrows refer to intraday stock price movement.

NEW YORK (

TheStreet

) --

STOCK COMMENTS / EPS CHANGES

Campbell Soup

(CPB) - Get Free Report

estimates changed at Citi. CPB 2011 EPS estimate raised to $2.45, 2012 reduced to $2.45 from $2.60. U.S. soup continued to show weakness, Citigroup said. Maintain Hold rating.

Diamond Offshore

(DO) - Get Free Report

cut from Conviction Buy List at Goldman. Valuation call.

Dresser-Rand

(DRC)

numbers boosted at Stifel. Shares of DRC now seen reaching $64. Estimates also upped, given better after-market demand. Buy rating.

Dreamworks Animation

(DWA)

estimates cut at Goldman through 2013, Goldman Sachs said. Domestic box office results remain weak. Neutral rating and $26 price target.

Foot Locker

(FL) - Get Free Report

numbers raised at UBS. Shares of FL now seen reaching $26, according to UBS. Estimates also increased, to match the company's new guidance.

KBR

(KBR) - Get Free Report

added to Conviction Buy List at Goldman. Company is a good late-cycle play and the stock has recently pulled back. $47 price target.

Pepsi Co

(PEP) - Get Free Report

price target boosted at Citi to $73 from $69 following positive meetings with management, Citigroup said. Maintain Hold rating.

Par Pharmaceutical

( PRX) estimates lowered at UBS through 2012. Acquisition should weigh on earnings. Buy rating and $39 price target.

Smithfield Foods

(SFD)

numbers reduced at JP Morgan. SFD estimates were cut through 2012, JP Morgan said. $20 price target. Corn prices are rising and hog prices are falling. Pork margins are also shrinking. Neutral rating.

Target

(TGT) - Get Free Report

estimates lowered at Jefferies through 2012. Company is spending more to open stores in Canada. Buy rating and $29 price target.

Verigy

( VRGY) estimates cut at Citi. VRGY 2011 and 2012 EPS estimates lowered to $0.32 and $0.95, respectively, as share loss continues, Citigroup said. Maintain Hold rating and $14 price target.

End of report.

This article was written by a staff member of TheStreet.