ALGT) upgraded at Jesup & Lamont from Hold to Buy. $56 price target. Investors are not giving the company credit for potentially stronger second-half results. Career Education ( CECO) upgraded at Barclays to Overweight from Equal Weight as it has superior earnings growth potential. Price target jumped to $43 from $29. 2010 and 2011 EPS estimates lifted to $2.78 and $3.41, respectively. Crude Carriers ( CRU) initiated at BofA/Merrill with a Buy rating and $22 price target. Valuable access at a discount. Crude Carriers is a crude tanker vessel owner with 5 vessels. Discovery Communications ( DISCA) rated new Buy at MKM Partners. $41 price target. Company should be able to generate higher advertising growth and continue to expand overseas. Exelon ( EXC) downgraded at Soleil to Hold. Company will be hurt by lower commodity and power prices. $40 price target. >> Who Owns Exelon?: Renaissance Technologies Forest Laboratories ( FRX) downgraded at Oppenheimer to Perform. There is a growing hole in the company's clinical pipeline. Gilead Sciences ( GILD) estimates lowered at Morgan Stanley through 2012. Company cut sales guidance, because of health care reform. Equal-weight rating and $48 price target. Gilead Sciences ( GILD) downgraded at Piper Jaffray. Rating lowered to Neutral from Overweight. Price target lowered to $50 from $60. 2010 EPS estimates lowered to $3.62 from $3.82. >> Who Owns Gilead?: Maverick Capital Molina Healthcare ( MOH) coverage initiated at BofA/Merrill with a Buy rating and $35 price target. Stronger near-term outlook after disappointing 2009 results could trigger revaluation in share on evidence that profitability is rebounding. Parker Hannifin ( PH) upgraded at UBS from Sell to Neutral. $73 price target. Estimates also boosted, as the company is seeing better climate and industrial sales. Parker Hannifin ( PH) numbers boosted at Goldman through 2012. Company is seeing higher sales across the board. Neutral rating and new $81 price target. RPM International ( RPM) upgraded at BofA/Merrill to Buy from Neutral based on improvement in the company's consumer segment and eventual recovery in industrial segment. Price target raised to $25 from $23.
Strayer Education ( STRA) downgraded at Barclays to Equal Weight from Overweight on valuation. Price target increased to $272 from $240. 2010 and 2011 EPS estimates held at $9.47 and $11.34, respectively. >> Who Owns Strayer?: Al Gore VMware ( VMW) upgraded at BofA/Merrill to Neutral from Underperform following strong quarter and outlook. Price target jumped to $60 from $36. VMWare ( VMW) upgraded at JMP from Market Perform to Outperform. $74 price target. Estimates also raised, as customers continue to spend on Computing as a Service. Warner Chilcott ( WCRX) initiated at BofA/Merrill with a Buy rating and $34 price target. Timely product approvals, solid execution and deals could support multiple expansion.
Edwards Lifesciences ( EW) numbers boosted at Goldman. Shares of EW now seen reaching $120. Estimates also increased, as the company is realizing higher margins. Buy rating. Harley-Davidson ( HOG) estimates boosted at Goldman through 2012. Company is seeing higher motorcycle profits and improved credit costs. Sell rating and $30 price target. >> Who Owns Harley-Davidson?: Chris Davis Illinois Tool Works ( ITW) numbers upped at Goldman. Shares of ITW now seen reaching $61. Estimates also raised, as the company appears to be regaining sales momentum. Buy rating. J.C. Penney ( JCP) estimates, target raised at Goldman. Shares of JCP now seen reaching $38. Estimates also increased, given higher expected same-store sales. Buy rating. Jacobs Engineering ( JEC) numbers boosted at FBR. Shares of JEC now seen reaching $53. Estimates were also increased, to match the company's new guidance. Outperform rating. Jefferies ( JEF) estimates lowered at Goldman. JEF estimates were reduced through 2012. Company will be hurt by a higher share count and is seeing softer trading revenue. Sell rating and $26 price target. Johnson & Johnson ( JNJ) estimates lowered at Goldman through 2012. Company is being hurt by healthcare reform. Neutral rating and $65 price target. >> Who Owns Johnson & Johnson?: Warren Buffett Juniper Networks ( JNPR) estimates upped at Goldman through 2011. Accounting uncertainty has created a buying opportunity. Still, deferred revenues are growing and the company is seeing higher operating margins. Buy rating and $34 price target. Microsoft ( MSFT) estimates tweaked at Barclays. MSFT 2010 and 2011 EPS estimates raised to $2.04 and $2.29, respectively. Consumer PC strength and improving IT spending trends, Barclays noted. Reiterate Equal Weight rating and $35 target. Omnicomm ( OMC) estimates, target raised at Morgan Stanley. Shares of OMC now seen reaching $51. Company is seeing better organic sales growth. Overweight rating. Paccar ( PCAR) estimates, target boosted at Goldman. Shares of PCAR now seen reaching $47. Estimates also upped, because of a continued truck recovery. Neutral rating. Panera Bread ( PNRA) numbers increased at Goldman through 2012. Company is realizing better sales and margins. Neutral rating and new $85 price target. Synovus Financial ( SNV) estimates lowered at FBR through 2011. Company will likely need to raise capital soon. Underperform rating and $2.50 price target.
Steel Dynamics ( STLD) estimates cut at UBS through 2011. Company is seeing a more muted recovery. Buy rating and $23 price target. Seagate Technology ( STX) estimates upped at UBS through 2011. Company will likely resume its share buyback. Buy rating and $31 price target. Total System Services ( TSS) numbers boosted at Goldman. Shares of TSS now seen reaching $14. Estimates also increased, as the company is benefitting from a better macro environment. Sell rating. Tupperware ( TUP) estimates, target raised at Goldman. Shares of TUP now seen reaching $60. Estimates also increased, given strong sales momentum. Neutral rating. Weatherford ( WFT) estimates lowered at Goldman through 2012. Weaker international results are offsetting growth in North America. Neutral rating and $19 price target. >> Who Owns Weatherford?: George Soros Xilinx ( XLNX) estimates increased at UBS through 2011. Company should see better demand in the industrial and communications markets. Buy rating and $32 price target. Yahoo! ( YHOO) estimates, target increased at Goldman. YHOO estimates were boosted through 2012. Company is seeing a lower tax rate and expected to buy back more stock. Neutral rating and new $20 price target.