Rare Hospitality ( RARE) was upgraded to Buy, Suntrust Robinson Humphrey said. Monthly sales appear to be trending well, outside of the weather. Earnings guidance may also prove conservative. RARE numbers lowered at Jefferies. Price target drops to $38 from $40. 2007 EPS estimates lowered to $1.69 from $1.91. Reiterates Buy rating. Strayer Education ( STRA) was upgraded from Neutral to Outperform, Robert Baird said. $139 price target. Company is posting solid revenue growth and has a strong balance sheet. STRA was upgraded to Neutral, Suntrust Robinson Humphrey said. Company posted strong quarterly results, and should be able to maintain higher margins in 2007.
Pogo Producing ( PPP) estimates cut at UBS. 2007 EPS estimates lowered to $13.19 from $13.25. 2008 EPS estimates lowered to $13.30 from $13.85. Reiterates Neutral rating and $51 price target. Reliance Steel ( RS) estimates cut at UBS. 2008 EPS estimates reduced to $4.85 from $4.95. Reiterates Buy rating and $54 price target. Molson Coors ( TAP) numbers raised at UBS. 2007 EPS estimates increased to $4.99 from $4.95. 2008 EPS estimates increased to $5.66 from $5.56. Price target increased to $91 from $86. Reiterates Neutral rating. Cimarex ( XEC) numbers lowered at UBS. 2007 EPS estimates lowered to $10.40 from $10.75. Price target lowered to $42 from $43. Reiterates Buy rating.