Mohawk Industries ( MHK) upgraded at JP Morgan. Rating raised to Neutral from Underweight. Maintains $27 price target and 2009 EPS estimates of $0.91. Owens Corning ( OC) upgraded at JPMorgan. Rating raised to Overweight from Neutral. Price target raised to $15.00 from $13.50. Maintains 2009 EPS estimates of $0.78. Prudential Financial ( PRU) upgraded at JP Morgan. Rating raised to Overweight from Neutral. Maintains $43 price target and 2009 EPS estimates of $4.98. Sysco ( SYY) rated new Equal-weight at Morgan Stanley. Industry is facing significant headwinds, but the company has leading market share. VMWare ( VMW) upgraded at Jefferies from Underperform to Hold. $25 price target. Expect in-line June quarter results and a moderate downward revision for the third quarter.
Google ( GOOG) estimates cut, target raised at Oppenheimer. Shares now seen reaching $490. On the other hand, estimates were lowered to reflect lower sales expectations. Outperform rating. Harley-Davidson ( HOG) 2010 estimates lowered at Goldman to $1.74 from $1.88. Lower production expectations and weakening demand for motorcycles led to the decrease in the co.'s future EPS. Maintained target price of $11 and Sell rating. Novellus Systems ( NVLS) target increased at Morgan Stanley to $18.50. Company posted strong shipments, orders and revenue. Overweight rating. Occidental Petroleum ( OXY) estimates, target lifted at Barclays to $68 from $60 based on attractive domestic production, limited US nat gas exposure, and potential huge projects in mid-east. 2009 EPS enlarged to $3.55 from $1.25. Overweight rating.