Torchmark ( TMK) downgraded at Credit Suisse to Underperform from Neutral based on deterioration of its investment portfolio. Lowered target price to $24 from $35. VMWare ( VMW) downgraded at Jefferies from Hold to Underperform. $20 price target. Company posted weaker sales, led by lower ELAs. Estimates also cut.
Wellpoint ( WLP) estimates through 2010, target raised at Barclays Capital. Company guided to higher profits. Overweight rating and new $57 price target. Xilinx ( XLNX) estimates raised at UBS through 2011. Company seeing higher demand for 3G infrastructure in China. Buy rating and $23 price target. Yum Brands ( YUM) numbers increased at Barclays Capital to $34. Estimates also raised, to reflect higher realized margins. Equal-weight rating.