Melco PBL ( MPEL) numbers raised at Jefferies. Price target bumps up to $21 from $20 and FY 2008 eps estimates lift to $0.26 from $0.25. Reiterates Buy rating. Network Appliance ( NTAP) numbers raised at UBS. Price target lifts to $33 from $32 and FY 2008 eps estimates upped to $0.83 from $0.74. Reiterates Buy rating. Network Appliance 2008 estimates increased at Goldman to $0.90 from $0.82 following strong top- and bottom-line quarterly results. See momentum continuing into January quarter but note uncertainty surrounding U.S. commercial demand. Maintained Neutral rating. Pilgrim's Pride ( PPC) cut from Focus List at JP Morgan. Stock is already pricing in the deteriorating chicken market, but near-term upside remains limited. Overweight rating. Qualcomm ( QCOM) 2008 estimates trimmed at Goldman to $1.85 from $1.91. See stronger than expected impact from litigation/Nokia and lightly lower QCT margins. Maintained Buy rating and $58 target. VeriSign ( VRSN) price target raised at Goldman to $33 from $30 following analyst day that highlighted company's intent on slimming down, divesting non-core assets. See potential positives but note transition risks and difficulty in valuing the changing business on a long-term basis. Maintained Neutral rating.