NEW YORK (TheStreet) -- CHANGE IN RATINGS
upgraded at Baird from Neutral to Outperform. $45 price target. Margins should improve, aided by cost-cutting.
upgraded at Merrill/BofA from Underperform to Neutral. $58 price target. New patents extend product protection and the company may soon deploy its $1 billion stock repurchase plan.
Fidelity National Financial
downgraded at Barclays to Equal Weight from Overweight on lower mortgage volumes. Price target cut by a dollar to $15. 2009 and 2010 EPS estimates lowered to $0.77 and $0.95, respectively.
rated new Buy at Citigroup. $85 price target. Company looks attractive, following its reorganization.
Las Vegas Sands
initiated at Barclays with an Overweight rating and $24 price target. Analysts believe the market is undervaluing the company's opportunities in Singapore and Macau. 2009 and 2010 EPS estimates set at $0.07 and $0.28, respectively.
upgraded at Merrill/BofA from Underperform to Buy. $38 price target. Company should benefit from the upcoming commercial aerospace cycle.
( MOT) rated new Underweight at Morgan Stanley. $8.75 price target. Valuation call, as the company is not expected to achieve material market share gains.
( PALM) rated new Outperform at Morgan Stanley. $14 price target. New carrier distribution should help drive growth in 2010.
upgraded at JMP from Market Perform to Outperform. $60 price target. Just conducted positive channel checks in the wireless industry.
rated new Outperform at Morgan Stanley. Coverage of QCOM was started with an Outperform rating. $57 price target. Company is highly leveraged to growth in communications equipment.
Research in Motion
( RIMM) rated new Overweight at Morgan Stanley. $90 price target. Company has attractive potential volume growth overseas.
upgraded at Goldman to Buy. Stock was also added to the Conviction Buy list. $25 price target. Estimates raised, as the company has multiple potential growth drivers.
downgraded at Citigroup to Hold. Valuation call, based on a $59 price target. Consensus 2010 estimates also appear optimistic.
STOCK COMMENTS / EPS CHANGES
estimates raised at Merrill/BofA through 2012. Company is leveraging investments in its operations. Neutral rating and $73 price target.
target boosted at Merrill/BofA to $82, according to Merrill Lynch/Bank of America. Company will continue to benefit from the shift toward cloud computing. Buy rating.
estimates, target raised at Merrill/BofA. EQIX estimates were increased through 2011. See more bullish data center pricing going forward. Buy rating and new $130 price target.
estimates, target boosted at Citigroup. Shares of GLW now seen reaching $24. Estimates also raised, to reflect higher expected glass pricing. Buy rating.
estimates, target boosted at UBS. Shares of NKE now seen reaching $68. Estimates also raised, because of accelerating international orders and improving gross margins. Neutral rating.
numbers increased at UBS. Shares now seen reaching $15. Estimates also raised, to reflect ad strength and the recent retransmission agreements. Neutral rating.
estimates, target raised at UBS. STX estimates were boosted through 2011. Demand is strong and management could raise near-term guidance. Buy rating and new $22 price target.
estimates, target lowered at UBS> Estimates were cut through 2010. Company will increase spending in Canada, around the Winter Olympics. US volume trends also remain soft. Buy rating and $55 price target.
added to Conviction Buy List at Goldman Sachs. Expect earnings upside potential, driven by lower costs.
numbers raised at UBS. Shares of WDC now seen reaching $52. Estimates also boosted, following positive channel checks. Buy rating.
This article was written by a staff member of TheStreet.com.