Changes in Ratings

Alliant Techsystems ( ATK) coverage is initiated at Cowen with a neutral rating. Company has solid near-term visibility, but estimates are not materially above consensus.

El Paso Pipeline Partners ( EPB) coverage is initiated at Lehman with an overweight rating and a $27 target price. Lehman says El Paso's organic growth is superior to that of most master limited partnerships (MLPs).

3PAR ( PAR - Get Report) coverage is initiated at Goldman with a neutral rating due to limited room for multiple expansion and upside needed to drive shares higher.

Stock Comments / EPS Changes

UBS raises price targets on the legal consulting industry, on the basis of increased bankruptcies and securities litigation stemming from problems in the credit markets. FTI Consulting ( FCN - Get Report) is favorite, with a target increasing to $80 from $65. LECG's ( XPRT) target is raised to $23 from $20; Huron ( HURN - Get Report) is raised to $100 from $83; and CRA International's ( CRAI - Get Report) target is raised to $70 from $64. All have buy ratings.

This article was written by a staff member of