NEW YORK ( TheStreet) -- CHANGE IN RATINGS Anadarko Petroleum ( APC) price target raised at Credit Suisse to $69 from $64. 2009 and 2010 EPS estimates set at -$1.16 and $0.56, respectively. Outperform rating. Anadarko Petroleum ( APC) upgraded at Barclays to Overweight from Equal Weight. Analysts said strong development pipeline likely to lead to superior growth through 2016. 2009 and 2010 EPS estimates set at -$1.28 and $1.10, respectively. Price target lifted by $2 to $82. Alliant Technologies ( ATK) downgraded at Credit Suisse to Neutral from Outperform to reflect a possible wind-down of the Constellation Program. Price target sunk to $87 from $101. 2010 and 2011 EPS estimates lowered to $8.80 and $8.65, respectively. Caterpillar ( CAT) upgraded at UBS from Sell to Neutral. $54 price target. Estimates also raised, to reflect higher production rates. Illinois Tool Works ( ITW) upgraded at Barclays to Equal Weight from Underweight. Price target maintained at $48. 2010 EPS estimate set at $2.70. Nabors ( NBR) upgraded at Credit Suisse to Outperform from Neutral. Tightening conditions in the market should benefit NBR given premium rig fleet. Price target surged to $30 from $22. 2009 and 2010 EPS estimates raised to $1.32 and $1.20, respectively. Netflix ( NFLX) estimates, target raised at Citigroup. Shares of NFLX now seen reaching $63. Estimates also increased, to match the company's new guidance. Hold rating. Netflix ( NFLX) upgraded at FBR to Outperform. $71 price target. Estimates also raised, as the streaming product has helped to keep churn low while cutting distribution costs.
Nuance Communication ( NUAN) rated new Neutral at UBS. NUAN was initiated with a Neutral rating. $17 price target. Company should benefit from positive secular trends, but acquisitions add risk to the story. Oil States ( OIS) downgraded at Credit Suisse to Neutral from Outperform on price. Price target set at $42. 2009 and 2010 EPS estimates maintained at $2.58 and $2.25, respectively. Rockwell Automation ( ROK) upgraded at Citigroup from Sell to Hold. $52 price target. Company has strong volume leverage and is positioned well for a recovery in end-market demand. Rockwell Automation ( ROK) numbers increased at Goldman through 2012. Company is seeing stronger sales and margins. Neutral rating and new $58 price target. Suntrust Banks ( STI) upgraded at Goldman from Neutral to Buy. Stock was also added to the Conviction list. Stock is inexpensive, and the company should see margins bounce as credit moderates. Zions Bancorporation ( ZION) upgraded at Goldman to Neutral. Stock appears inexpensive, even with capital concerns.
Celestica ( CLS) target boosted at Credit Suisse by 50 cents to $12 on solid 4Q09 and outlook. 2010 and 2011 EPS estimates set at 87 cents and 98 cents, respectively. Outperform rating. Capital One ( COF) cut from Conviction Buy List at Goldman. COF was removed from the Conviction Buy list. Believe that regional banks, namely STI, offer better value at current levels. Stock has more than doubled over the past 12 months. $50 price target. Conoco Phillips ( COP) numbers reduced at Goldman through 2013. Company will likely post lower production and refining margins. Neutral rating and new $52 price target. Citrix Systems ( CTXS) numbers raised at FBR. Shares of CTXS now seen reaching $40. Estimates also increased, to reflect better large-deal execution. Market Perform rating. Darden Restaurants ( DRI) numbers boosted at UBS. Shares of DRI now seen reaching $41. Estimates also raised, as the company is gaining market share. Buy rating. Ford ( F) estimates, target boosted at Goldman. Shares of F now seen reaching $14. Estimates also raised, as the company should be able to take market share away from TM. Buy rating. Flextronics ( FLEX) estimates raised at UBS. FLEX estimates were increased through 2011. Company raised guidance, because of better demand visibility. Buy rating and $9 price target. General Dynamics ( GD) numbers raised at Goldman. Shares of GD now seen reaching $84. Estimates also boosted, to reflect stronger Combat and Gulfstream orders. Buy rating. Harris ( HRS) estimates, target raised at UBS. Shares of HRS now seen reaching $54. Estimates also increased, to reflect strong orders and the company's new guidance. Buy rating.
Intersil ( ISIL) estimates, target boosted at Goldman. Shares of ISIL now seen reaching $15. Estimates also increased, as the company is seeing higher sales and gross margin. Neutral rating. Knight Transportation ( KNX) target higher, estimates mixed at Credit Suisse. Credit Suisse raised KNX price target a dollar to $18 as volumes improve. 2010 EPS estimate cut to 69 cents, 2011 raised to 86 cents. Maintain Neutral rating. Lam Research ( LRCX) numbers boosted at Goldman through 2011. Company is seeing better memory shipments. Buy rating and new $52 price target. LSI ( LSI) estimates, target lowered at FBR. Shares of LSI now seen reaching $7.50. Estimates were also cut, to reflect lower storage chip growth. Outperform rating. Landstar System ( LSTR) estimates reduced at Credit Suisse. LSTR 2010 and 2011 EPS estimates sunk to $1.68 and $2.05, respectively. Higher insurance claims, analysts said. Maintain Outperform rating and $45 target. Mariner Energy ( ME) target higher, estimates cut at Credit Suisse. Credit Suisse raised ME price target to $17 from $15 ahead of 4Q09 earnings. 2009 and 2010 EPS estimates reduced to $0.60 and -$0.29, respectively. Outperform rating. MeadWestvaco ( MWV) estimates, target lowered at Goldman. MWV estimates were cut through 2011. Company is seeing lower packaging margins. Neutral rating and new $31 price target. Norfolk Southern ( NSC) price target trimmed at Credit Suisse by a dollar to $59 on slight EPS miss. 2010 and 2011 EPS estimates set at $3.25 and $3.80, respectively. Outperform rating.
Norfolk Southern ( NSC) numbers reduced at UBS. NSC estimates were cut through 2011. Company is seeing lower volumes and slower pricing growth. Buy rating and new $61 price target. NY Community Bancorp ( NYB) numbers raised at FBR. Shares of NYB now seen reaching $18. Estimates also increased, as the Amtrust acquisition should pay off. Outperform rating. Oracle ( ORCL) estimates, target increased at FBR. ORCL estimates were raised through 2011. Sun acquisition should add to earnings. Outperform rating and new $30 price target. Piper Jaffray ( PJC) cut from Conviction Buy List at Goldman. Estimates also raised, through the stock is up 73% over the past 12 months. $61 price target. Plains Exploration & Production ( PXP) price target boosted at Credit Suisse. Credit Suisse increased PXP price target to $34 from $27 to reflect recent discoveries. 2009 and 2010 EPS estimates set at $2.12 and $0.84, respectively. Neutral rating. Qualcomm ( QCOM) estimates, target cut at Goldman. Shares of QCOM now seen reaching $56. Estimates also lowered, to reflect lower chip prices. Buy rating. Sherwin-Williams ( SHW) estimates raised at Morgan Stanley through 2011. Paint volumes are recovering faster than expected. Equal-weight rating. Smith International ( SII) numbers boosted at Goldman. Shares of SII now seen reaching $36. Estimates also upped, to reflect improving business fundamentals. Neutral rating. Symantec ( SYMC) estimates, target boosted at FBR. Shares of SYMC now seen reaching $1.56. Estimates also raised, to reflect an improved IT spending environment. Outperform rating. Tyco Electronics ( TEL) numbers increased at UBS through 2011. Company is seeing higher growth in the non-auto and Network Solutions markets. Buy rating and new $32 price target.