NEW YORK (
CHANGE IN RATINGS
( ADCT) upgraded at UBS from Neutral to Buy. $10.50 price target. Estimates also boosted, as the company has sales drivers and continues to cut costs.
upgraded at Wells from Market Perform to Outperform. Company is seeing improving trends in both Industrial and Energy segments.
rated new Buy at UBS. Coverage of BEN was started with a Buy rating. $136 price target. Company is positioned well to grow under most market conditions.
rated new Buy at UBS. BLK was initiated with a Buy rating. $210 price target. Company has a premier brand and should benefit from cyclical growth trends in the industry.
upgraded at Deutsche from Hold to Buy. Stock has pulled back from its recent highs, even though the company had a good quarter.
downgraded at Jefferies from Buy to Hold. Valuation call, based on a $15.50 price target.
upgraded at BMO to Outperform. $17 price target. Have increased confidence in the company's ability to grow earnings.
upgraded at Deutsche from Hold to Buy. Company can continue to grow, even if Europe slows down.
rated new Buy at Sterne Agee. $24 price target. Gross margins should continue to rebound.
downgraded at Wells from Outperform to Market Perform. Valuation call, as the stock is up 64% since June 2009.
upgraded at Deutsche from Hold to Buy. Estimates also boosted, given the company's strong operating momentum.
rated new Hold at ThinkEquity. Valuation call. Company can gain market share, despite operating in a competitive environment.
upgraded at Citi to Buy from Hold and price target raised a dollar to $27. Valuation with a catalyst call. 2010 and 2011 EPS estimates jumped to $0.62 and $1.55, respectively.
rated new Buy at Sterne Agee. $13 price target. DDR3 gives the company an advantage over the competition in Taiwan.
initiated at Citi with a Buy rating and $66 price target. Newfield is well positioned to post over 10% production growth over at least the next three years.
Old Dominion Freight
upgraded at Piper Jaffray. Rating raised to Overweight from Underweight. Price target raised to $43 from $32. Maintains 2010 EPS estimates of $1.47.
rated new Buy at Sterne Agee. $50 price target. Company has multiple positive tailwinds.
downgraded at Oppenheimer from Outperform to Perform. Stock is up 33% since late March.
upgraded at Longbow from Neutral to Buy. $20 price target. Titanium market is benefiting from the cyclical upturn in commercial aerospace.
T. Rowe Price
rated new Neutral at UBS. $62 price target. Company has less exposure in indexes, ETFs and alternative investments.
upgraded at Deutsche from Hold to Buy. Company had a strong quarter and 2011 estimates were materially increased.
downgraded at Morgan Stanley to Equal-weight. Valuation call, based on a $23.75 price target.
STOCK COMMENTS / EPS CHANGES
estimates upped at Goldman through 2012. Company is seeing higher interest income. Neutral rating and $64 price target.
Alliance Data Systems
price target lifted at Barclays to $85 from $82 after meeting with ADS' CFO confirmed their ability to achieve earnings. Reiterate Overweight rating.
( AYE) target, estimates cut at Barclays. AYE price target reduced to $23 from $25 on lower than expected earnings. 2010 and 2011 EPS estimates sunk to $2.05 and $2.10, respectively. Maintain Overweight rating.
estimates lowered at Goldman through 2012. Company is seeing lower sales. Neutral rating and $43 price target.
estimates, target boosted at Goldman. Shares of CBS now seen reaching $14.50. Estimates also upped, as the company is seeing better network trends. Neutral rating.
target boosted at Credit Suisse to $35 from $32 on expectations of a strong 3Q10. Ongoing improvement in enterprise network trends. Outperform rating.
target, estimates higher at Citi. DGI price target lifted to $29 from $26 as 1Q10 results were ahead of expectations. 2010 and 2011 EPS estimates increased to $0.53 and $1.24, respectively. Maintain Hold rating.
target higher, estimates changed at Barclays. DVN price target increased to $77 from $74 as it plans to repurchase up to $3.5 billion of shares. 2010 EPS estimate trimmed to $5.20, 2011 raised to $4.00. Maintain Equal Weight rating.
estimates raised at Morgan Stanley through 2011. Company is seeing higher production rates and keeping costs in check. Equal-weight rating.
numbers increased at Goldman through 2012. Company is seeing strong enrollment rates and has operating leverage. Neutral rating and new $23 price target.
price target boosted at Citi. EXPD price target jumped from $38 to $48 on strong 1Q10 results. 2010 and 2011 EPS estimates raised to $1.25 and $1.45, respectively. Maintain Buy rating.
numbers raised at UBS. Shares of EXPD now seen reaching $47. Estimates also increased, as the company is seeing higher freight volumes. Buy rating.
target, estimates trimmed at Barclays. FWLT price target lowered by a dollar to $37 on mixed 1Q10 results and higher near-term risk. 2010 and 2011 EPS estimates lowered to $2.20 and $2.40, respectively. Maintain Overweight rating.
numbers boosted at UBS. Shares of ICE now seen reaching $143. Estimates also upped, as the company is seeing record volume and commission levels. Buy rating.
( KG) numbers cut at Goldman. KG estimates were reduced through 2012. Company is seeing lower sales and also lacks catalysts. Sell rating and new $9.50 price target.
estimates increased at Morgan Stanley through 2012. Company boosted guidance, but the SST purchase does add an overhang to the stock. Equal-weight rating.
estimates lowered at UBS through 2011. Company is being hurt by currency rates. Neutral rating and $58 price target.
estimates raised at Morgan Stanley through 2012. Company boosted guidance and should continue to grow its gross margin. Underweight rating.
estimates, target increased at UBS. PHM estimates were raised through 2011. Company should benefit as the market stabilizes. Sell rating and new $9 price target.
target, estimates higher at Barclays. PRU price target increased to $57 from $53 as the company reported another quarter of very strong operations. 2010 and 2011 EPS estimates lifted to $5.81 and $6.60, respectively. Maintain Equal Weight rating.
estimates boosted at Morgan Stanley. PXD estimates were upped through 2012. Company is seeing ramping production growth. Equal-weight rating.
target increased at FBR to $5.75. Company is seeing higher enterprise sales and continues to control costs. Market Perform rating.
( QSFT) estimates increased at Goldman through 2012. Company is seeing a lower tax rate and is expected to buy back more stock. Sell rating and $16.50 price target.
estimates lowered at Morgan Stanley through 2011. Domestic site leasing business could slow. Equal-weight rating.
estimates, target boosted at FBR. Shares of SPW now seen reaching $68. Estimates also upped, as the company is seeing better Test & Measurement results. Market Perform rating.
estimates reduced at FBR through 2011. Company faces currency headwinds and faces dilution following its recent acquisitions. Outperform rating and $20 price target.
estimates upped at Morgan Stanley through 2012. Company is seeing sales growth across the board. Equal-weight rating and $20 price target.
estimates increased at Morgan Stanley through 2011. Cost-cutting is offsetting lower admission levels. Underweight rating.
estimates boosted at BofA/Merrill. TWX 2010 and 2011 EPS estimates inflated to $2.21 and $2.57, respectively, on a solid start to 2010. Reiterate Neutral rating and $34 price target.
numbers raised at Goldman. Shares of TWX now seen reaching $36. Estimates also increased, given higher results in advertising, cable networks and publishing. Buy rating.
price target increased at Barclays. TWX price target raised to $32 from $30. Reiterate Equal Weight rating.
estimates upped at Morgan Stanley through 2011. Company is seeing higher prices in the ferrous division. Overweight rating and $38 price target.
This article was written by a staff member of TheStreet.com.