Citrix upgraded at Goldman: Goldman said it is increasing its rating on CTXS to Buy from Neutral. $40 target price. Johnson Controls upgraded at Morgan Stanley: Morgan Stanley said it is increasing its rating on JCI to Overweight from Equalweight. Target is $85 a share. Cited building efficiency and power solutions EBIT growth potential in the note. Qualcomm upgraded to outperform: Credit Suisse upgraded QCOM to Outperform from Neutral and maintained $50 price target.
STOCK COMMENTS / EPS CHANGES
Armor Holdings estimates lowered at Credit Suisse: Credit Suisse lowered its 2006 estimates on AH ten cents to $3.85 and kept 2007 estimates intact at $5.10. Maintained Outperform rating and $69 price target. AMD estimates cut at Prudential: Prudential said it is cutting its 2006 estimates on AMD by 9 cents to $1.27 a share. Maintained Overweight rating. AMD target cut at Jefferies: Jefferies said it is lowering its price target on AMD to $21 from $26 due to the escalating price war with Intel and the company's lack of 65nm capacity. 2006 earnings lowered to $0.87 from $1.05 and reiterated Hold rating. Aztar price target raised at Jefferies: Jefferies raised its price target on AZR to $54 from $44.50 to reflect buyout price from Columbia Sussex. Baxter outlook raised at Morgan Stanley: Morgan Stanley said it is increasing its estimates on BAX for 2006 to $2.17 a share from $2.08 a share. Maintained Overweight rating. Broadcom estimates cut at Prudential: Prudential said it is cutting its 2006 estimates on BRCM by 16 cents to 78 cents a share following release of Q2. Maintained Overweight rating. Broadcom target slashed at Jefferies: Jefferies cut its price target on BRCM to $33 from $53 after company released disappointing revenue guidance for Q3 and Q4. 2006 estimates lowered to $1.32 from $1.49. Reiterated Buy rating.