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Visa: Analysts' Upgrades, Downgrades

Visa gets upgraded at Barclays, estimates, target raised at Goldman.
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CHANGE IN RATINGS

Akamai

(AKAM) - Get Report

upgraded at Goldman from Sell to Neutral. See improving market fundamentals. $27.50 price target.

AOL

(AOL)

estimates reduced at Goldman. AOL estimates were cut through 2012. Company is seeing a higher tax rate and lower interest income. Neutral rating and $27 price target.

Corinthian Colleges

(COCO)

downgraded at BofA/Merrill to Neutral from Buy on valuation. Price target lowered to $23 from $26.

Education Management

(EDMC)

downgraded at BofA/Merrill to Underperform from Buy due to risks and higher valuation. Price target plunged to $20 from $26

ITT Educational Services

(ESI) - Get Report

downgraded at BofA/Merrill to Neutral from Buy on valuation Bank of America/Merrill Lynch said. Price target lowered to $110 from $130.

Janus

(JNS)

upgraded at Goldman from Neutral to Buy. $16.50 price target. Recent sell-off is overdone, and the company should benefit from a rebound in asset flows.

Monster Worldwide

(MWW)

numbers cut at Goldman. Shares of MWW now seen reaching $18. Company is seeing lower sales and higher marketing costs. Neutral rating.

Och-Ziff Capital

(OZM)

downgraded at Goldman from Buy to Neutral. Relative valuation call, based on a $16 price target.

Total System Services

(TSS) - Get Report

upgraded at Barclays to Equal Weight from Underweight on valuation. 2010 challenges price in. 2010 and 2011 EPS estimates set at $0.97 and $1.07, respectively. $13 price target.

Visa

(V) - Get Report

upgraded at Barclays to Overweight from Equal Weight as revenue growth accelerates. Price target surged to $97 from $91. 2010 and 2011 EPS estimates increased to $3.85 and $4.75, respectively.

Visa

(V) - Get Report

estimates, target raised at Goldman. Shares of V now seen reaching $103. Estimates also increased, given the company's higher realized sales and operating margins. Buy rating.

Western Union

(WU) - Get Report

downgraded at BofA/Merrill to Neutral from Buy. Concerns around the company's ability to return to high single digit organic top-line growth. Price target sunk to $20. 2010 and 2011 EPS lowered to $1.33 and $1.47, respectively.

Western Union

(WU) - Get Report

downgraded at Goldman to Neutral. $19 price target. Company could see pricing pressure and underperformance in the bill payment segment.

STOCK COMMENTS / EPS CHANGES

Blackboard

(BBBB)

target, estimates boosted at Credit Suisse. BBBB price target raised to $40 from $35. Cross-sell drives revenue/EPS upside. 2010 and 2011 EPS estimates increased to $1.75 and $1.93, respectively. Neutral rating.

Franklin Resources

(BEN) - Get Report

added to Conviction Buy list at Goldman. BEN was added to the Conviction Buy list. Company is a sector leader, when it comes to accelerating flow momentum. $130 price target.

Blackrock

(BLK) - Get Report

cut from Conviction Buy List at Goldman. Stock lacks near-term catalysts. $265 price target.

Broadcom

estimates boosted at Goldman through 2011. Company is seeing higher sales and a return in gross margins. Neutral rating and $32 price target.

Comerica

TST Recommends

(CMA) - Get Report

estimates boosted at Morgan Stanley. CMA estimates were increased through 2012. Company is seeing higher net interest margin and declining credit costs. Overweight rating and $45 price target.

Cisco Systems

(CSCO) - Get Report

price target raised at Credit Suisse to $32 from $28. Strong 2Q10 results and favorable outlook. Maintain 2010 and 2011 EPS estimates at $1.54 and $1.75, respectively. Outperform rating.

DR Horton

(DHI) - Get Report

estimates upped at UBS. DHI estimates were increased through 2011. Company should benefit from stability in home prices and sales, though future profit expansion remains uncertain. Sell rating and $10 price target.

Dolby

(DLB) - Get Report

estimates, target increased at Goldman. Shares of DLB now seen reaching $52. Estimates also raised, to reflect improving 3D sales. Neutral rating.

Exelon

(EXC) - Get Report

numbers lowered at Goldman. EXC estimates were cut through 2012. Company is facing lower generation margins and higher fuel costs. Neutral rating and new $52 price target.

International Paper

(IP) - Get Report

numbers lowered at Goldman. Shares of IP now seen reaching $29. Estimates also reduced, because of higher realized operating costs. Buy rating.

ITT

(ITT) - Get Report

estimates, target boosted at FBR. ITT estimates were increased through 2011. Company raised guidance, given improving defense margins. Market Perform rating and new $58 price target.

Microchip Technology

(MCHP) - Get Report

estimates boosted at UBS. MCHP estimates raised through 2011. Company is seeing a better product mix and operational execution. Neutral rating and $28 price target.

Massey Energy

(MEE)

numbers upped at FBR. Shares of MEE now seen reaching $63. Estimates also raised, because of expected growth in met coal production. Outperform rating.

National Oilwell Varco

(NOV) - Get Report

numbers boosted at Goldman. Shares of NOV now seen reaching $56. Estimates also raised, to reflect improving sales and margin growth. Neutral rating.

Novellus Systems

(NVLS)

estimates upped at Goldman. NVLS estimates were raised through 2011. Company is seeing better shipments and higher margins. Sell rating and new $20 price target.

ON Semiconductor

(ONNN)

numbers raised at Goldman. ONNN estimates were increased through 2011. Tight supply-chain dynamics should drive a strong recovery. Buy rating and new $11 price target.

Pfizer

(PFE) - Get Report

estimates reduced at UBS. PFE estimates were cut through 2011. Company continues to spend more than expected. Buy rating and $24 price target.

PNC Financial

(PNC) - Get Report

numbers lowered at Morgan Stanley. Shares of PNC now seen reaching $71. Estimates also cut, to reflect the sale of the company's investment servicing unit. Overweight rating.

Polo Ralph Lauren

(RL) - Get Report

numbers cut at Goldman. RL estimates were lowered through 2012. Company is investing more in future growth. Buy rating and new $88 price target.

Roper Industries

(ROP) - Get Report

numbers upped at Goldman. ROP estimates were increased through 2011. Company is seeing strong demand in China and for consumables. Buy rating and new $67 price target.

Thermo Fisher

(TMO) - Get Report

numbers boosted at UBS. Shares of TMO now seen reaching $56. Estimates also raised, because of a return to organic sales growth. Buy rating.

Tesoro

(TSO)

estimates, target reduced at Goldman. TSO estimates were cut through 2013. Company is seeing lower throughput and capture rates. Neutral rating and new $13 price target.

MEMC Electronic

(WFR)

estimates lowered at UBS. WFR estimates were cut through 2011. There is little near-term visibility in the solar wafer market. Buy rating and $20 price target.

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