NEW YORK (
CHANGE IN RATINGS
downgraded at Deutsche from Hold to Sell. $13 price target. Competitors are cutting prices, which could weigh on earnings.
Downgraded at Jefferies to Hold From Buy. Limited pricing upside in Texas. $21 price target.
downgraded at Goldman from Buy to Neutral. $40 price target. Company could face near-term sales and margin headwinds.
upgraded at Jefferies to Buy from Hold, Jefferies said. $12 price target. Pricing prospects for graphite electrodes has improved, combined with significant cost reductions.
upgraded at UBS to Buy from Neutral, according to UBS. $69 price target. Turnaround strategy focused on EBIT growth in place, along with slight operating improvement.
upgraded at BMO to Outperform. $77 price target. Publicis merger should go through and the company is likely to buy back a lot of shares.
upgraded at Barclays to Overweight from Equal Weight. $108 price target. Shares have lagged and restructuring announcements coming.
downgraded at Barclays to Underweight from Neutral. $71 price target. Results lag peers despite premier acreage.
downgraded at Wedbush from Outperform to Neutral. $35 price target. Industry pricing outlook is weak.
upgraded at Williams from Perform to Outperform. $263 price target. Company is seeing higher revenue growth.
downgraded at JP Morgan to Underweight from Neutral. $38 price target. Too much uncertainty following CEO departure.
Time Warner Cable
upgraded at DeutscheNOV 04, 2013 | 7:44 AM ESTTWC was upgraded from Hold to Buy, Deutsche Bank said. $141 price target. Company fundamentals appear to be bottoming.
STOCK COMMENTS / EPS CHANGES
American Axle & Manufacturing
lowers price target, estimates at Jefferies.AXL decreased its numbers. 3Q miss and reduction in backlog due to cancelled capacity expansion. $20 price target and Hold rating.
estimates, target increased at Credit Suisse. CVD estimates were raised through 2015, Credit Suisse said. Company has strong earnings momentum. Outperform rating and new $103 price target.
lowers estimates, price target at UBS. CVR decreased its numbers, UBS said. Refining margin capture rate assumptions decreased. $27 price target and Buy rating.
estimates, target raised at Credit Suisse. Shares of MHK now seen reaching $142, according to Credit Suisse. Estimates also increased, as the company is cutting costs. Neutral rating.
Prestige Brand Holdings
lowers its estimates, price target at Jefferies.Worsening Nielsen trends and competitive risk will extend into next year. $30 price target and Hold rating.
increases estimates, price target at Jefferies.WST bumped up its estimates across the board, Jefferies said. Higher sustainable growth and margin in Packaging. $45 price target and Hold rating.
Read: 5 Ways Americans Define the American Dream
STRATEGY CALLS / MARKET CALLS
Steel sector upgraded at Goldman from Cautious to Neutral. Industry demand should see a sustainable recovery.
>To submit a news tip, email:
and become a fan on
This article was written by a staff member of TheStreet.