Pepsi, KBR, Target: New Targets, Estimates
Also see: RIM, Campbell Soup: Analysts' New Ratings
Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
) --
STOCK COMMENTS / EPS CHANGES
Campbell Soup
(CPB) - Get Campbell Soup Company 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 Diamond Offshore Drilling, Inc. 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
TheStreet Recommends
(FL) - Get Foot Locker, Inc. 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
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 PepsiCo, Inc. 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 Target Corporation 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.
