Mattel ( MAT) numbers boosted at UBS. Shares to $22. Estimates also raised, to reflect higher realized gross margins. Neutral rating. Mattel ( MAT) downgraded at Morgan Joseph to Hold. Valuation call, as retailers remain cautious with orders. Marvell Technology ( MRVL) rated new Buy at Citigroup. $21 price target. Company is growing faster than its peers and is in the early stages of a cyclical recovery. Pfizer ( PFE) reinstated at Barclays with an Overweight rating and $21 price target. 2009 and 2010 EPS estimates set at $1.97 and $2.22, respectively. SL Green Reality ( SLG) downgraded at Merrill/BofA to Neutral from Overweight on valuation. Price target cut from $45 to $43. Sohu.com ( SOHU) upgraded at Pali from Sell to Neutral. Online advertising is improving and the company should also benefit from the economic rebound in China. Tellabs ( TLAB) downgraded at UBS. Rating lowered to Neutral from Buy. Fiscal 2010 EPS estimates raised to $0.27 from $0.26.
STOCK COMMENTS / EPS CHANGES
Bank of America ( BAC) estimates cut at Morgan Stanley through 2011. Company is skewed to early-cycle credit, but remains the best way to play an improvement in this area. Overweight rating and $30 price target. Bank of America ( BAC) target raised, estimates changed at Barclays. Price target lifted to $20 from $17. 2009 EPS estimate lowered to $0.40 from $0.50, 2010 unchanged at $1.10. Maintain Equal Weight rating. Peabody Energy ( BTU) target raised at FBR. Shares now seen reaching $49. Company should benefit from higher steam coal prices. Outperform rating.