Publish date:

TD Ameritrade: Analysts' Upgrades, Downgrades

TD Ameritrade is upgraded from market perform to outperform at Keefe, Bruyette & Woods.
Author:

TD Ameritrade (AMTD) - Get Report was upgraded from Market Perform to Outperform, Keefe, Bruyette & Woods said. $22.50 price target. Valuation call.

Barclays initiated coverage on

AOL

(AOL)

with an Equal Weight rating and $30 price target. 2009 and 2010 EPS estimates set at $4.74 and $3.51, respectively.

Coverage of

Bed, Bath & Beyond

(BBBY) - Get Report

was started with an Overweight rating, Morgan Stanley said. $43 price target. Company is one of the few large-cap hardline retailers that's growing, and should have higher operating margins down the road.

Computer Sciences

(CSC)

was initiated with an Outperform rating, Oppenheimer said. $72 price target. Stock can trade back up toward its historical average valuation.

Bank of America/Merrill Lynch reinstated coverage on

Dycom Industries

(DY) - Get Report

with an Underperform rating and $7.50 price target. Expect lower capital intensity and customer declines.

Coverage of

Fortune Brands

TST Recommends

was started with a Hold rating, Jefferies said. $45 price target. Company is positioned wll, but remains tied to discretionary home spending.

Global Payments

(GPN) - Get Report

initiated at Deutsche Bank. Initiated with a Hold rating and $46 price target. Introduces fiscal 2010 EPS estimates of $2.35.

Jarden

(JAH)

was initiated with a Buy rating, Jefferies said. $40 price target. Company has a strong market position and is attractively valued.

Bank of America/Merrill Lynch upgraded

Manpower

(MAN) - Get Report

to Buy from Neutral as shares offer a leveraged return on a global recovery. Price target raised by $2 to $65. 2009 EPS estimate lowered by a penny to $0.62, 2010 maintained at $1.50.

Warnaco

(WRC)

downgraded at JP Morgan. Rating lowered to Neutral from Overweight. Price target raised to $45 from $44. Maintains 2009 EPS estimates of $2.80.

Williams-Sonoma

(WSM) - Get Report

was initiated with an Equal-weight rating, Morgan Stanley said. High rents and big-ticket merchandise could cause the company to lag its peers.

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