NEW YORK ( TheStreet) -- CHANGE IN RATINGSArris ( ARRS) upgraded at Jefferies. ARRS was upgraded from Underperform to Hold, Jefferies said. Valuation call, based on a $10 price target. Stock is already pricing in risks about the DOCSIS upgrade. Colgate-Palmolive ( CL) upgraded at Janney to Buy, Janney Montgomery said. $88 price target. Company has a solid balance sheet, and looks attractive, following the recent selloff. Colgate-Palmolive ( CL) numbers cut at UBS. CL estimates were reduced through 2011, UBS said. Company is realizing lower margins. Buy rating and new $87 price target. DTE Energy ( DTE) downgraded at Citigroup from Buy to Hold, Citigroup said. Valuation call, based on a $50 price target. Genpact ( G)downgraded at Kaufman to Sell from Hold, Kaufman Bros. said. $13 price target. Outsourcing market is maturing and the company could face growth headwinds in 2011. Halliburton ( HAL) downgraded at FBR from Outperform to Market Perform, FBR Capital Markets said. Market is already pricing in peak earnings for hydraulic fracturing. Humana ( HUM)upgraded at BMO to Market Perform, BMO Capital said. $48 price target. Company will be able to work around Medicare Advantage rate cuts. KBR ( KBR) downgraded at Morgan Stanley from Overweight to Equal-weight, Morgan Stanley said. Valuation call, as the stock no longer trades at a discount to its peers. KLA-Tencor ( KLAC) upgraded at Citigroup from Sell to Hold, Citigroup said. Valuation call, based on a $30 price target. Mylan ( MYL) downgraded at Oppenheimer from Outperform to Perform, Oppenheimer said. Company could be hurt by currency and pricing pressure. Northrop Grumman ( NOC) upgraded at BofA/Merrill to Neutral from Underperform. Proactive management is successfully navigating a changing landscape, Bank of America/Merrill Lynch said. Maintain $70 price target. Oceaneering International ( OII) downgraded at Jefferies from Buy to Hold, Jefferies said. $55 price target. Visibility is limited and potential catalysts are likely a few quarters out. Opentable ( OPEN) downgraded at BofA/Merrill to Neutral from Buy. Stepping off the gas as shares are up 77% YTD, Bank of America/Merrill Lynch said. Price target jumped to $48 from $46.
Pentair ( PNR) upgraded at Janney from Neutral to Buy, Janney Montgomery said. $43 price target. Company has significant operating leverage, following several years of cost cutting. Pactiv ( PTV) downgraded at BofA/Merrill to Neutral from Buy. Valuation call as shares are approaching $33 price target on buyout speculation, Bank of America/Merrill Lynch said. Maintain $33 price target. RPC ( RES) downgraded at FBR from Outperform to Market Perform, FBR Capital Markets said. Valuation call, as new capacity could quickly make the industry overbuilt. Time Warner Cable ( TWC ) upgraded at Citigroup from Hold to Buy, Citigroup said. $70 price target. Company generates solid free cash flow in a volatile environment.
First Solar ( FSLR) numbers raised at Morgan Stanley. Shares of FSLR now seen reaching $160, according to Morgan Stanley. Estimates also increased, given cost-cutting efforts. Overweight rating. General Dynamics ( GD) target lowered at Morgan Stanley to $88. Foreign customers have been cautious with spending. Overweight rating. Genworth Financial ( GNW) price target lowered at Barclays to $22 from $23. Margins getting better, Barclays said. 2010 EPS estimate lowered to $1.07, 2011 increased to $1.82. Reiterate Overweight rating. Genworth Financial ( GNW) estimates cut at UBS. GNW estimates were reduced through 2011, UBS said. Company is seeing higher loss trends in the U.S. Buy rating and $22 price target. Interpublic ( IPG) estimates increased at Morgan Stanley through 2011, Morgan Stanley said. Company is seeing resumed margin growth. Equal-weight rating. Kellogg ( K) estimates, target reduced at Morgan Stanley. Shares of K now seen reaching $57, according to Morgan Stanley. Company posted a disappointing quarter, but remains positioned well for the long term. Overweight rating. Southwest Airlines ( LUV) estimates lowered at Morgan Stanley through 2012, Morgan Stanley said. Company lowered guidance, despite a strong quarter. Underweight rating. Microchip Technology ( MCHP) numbers increased at UBS. MCHP estimates were raised through 2012, UBS said. Company is seeing better customer demand. Buy rating and new $33.50 price target. McAfee ( MFE) price target cut at Credit Suisse. MFE price target trimmed to $35 from $37.50 on mixed 2Q10 results, Credit Suisse said. Maintain Neutral rating. Motorola ( MOT) estimates trimmed at Credit Suisse. MOT 2010 and 2011 EPS estimates tweaked lower to 46 cents and 69 cents, respectively. Maintain Outperform rating and $11 price target. Motorola ( MOT) estimates, target raised at Citigroup. Shares of MOT now seen reaching $10, according to Citigroup. Estimates also increased, as the company is executing well across the board. Buy rating. Maxim Integrated ( MXIM) numbers raised at UBS. Shares of MXIM now seen reaching $19, according to UBS. Estimates also increased, as the company is seeing higher bookings. Neutral rating. Owens-Illinois ( IO) price target cut at Barclays to $25 from $31 on disappointing outlook for volumes, price, and mix, Barclays said. Maintain Underweight rating.
Potash ( POT) estimates, target boosted at Soleil to $100, according to Soleil Securities. Estimates also upped, as the company is realizing higher nutrient selling prices. Hold rating. Patterson-UTI ( PTEN) estimates upped at Morgan Stanley through 2012, Morgan Stanley said. Company is realizing higher dayrates. Overweight rating and $22 price target. Standard Pacific ( SPE) numbers lowered at UBS. Shares of SPF now seen reaching $4.50, according to UBS. Estimates also cut, given a weaker order outlook. Neutral rating. Sunoco ( SUN) estimates boosted at Morgan Stanley through 2011. Company is cutting costs and realized a higher capture rate. Overweight rating and $45 price target. Teradyne ( TER) estimates upped at UBS through 2011, UBS said. System-on-a-chip business is ramping. Buy rating and $13.50 price target. Thoratec ( THOR) estimates raised at UBS through 2011, according to UBS. Company boosted guidance. Buy rating and $51 price target. Tesoro ( TSO) price target lifted at Barclays a dollar to $14. Encouraged by managements restructuring efforts, Barclays said. Reiterate Equal Weight rating. Varian Semiconductor ( VSEA) estimates boosted at UBS through 2011, according to UBS. Company raise guidance and should continue to gain market share in its core business. Buy rating and $41 price target. MEMC Electronic ( WFR) numbers cut at UBS. Shares of WFR now seen reaching $13.50, according to UBS. Estimates also reduced, because of limited solar wafer supply. Buy rating. Whiting Petroleum ( WLL) price target higher at Barclays. WLL price target increased to $118 from $113. The Bakken Shale should underpin strong operations through 2010, Barclays said. Maintain Overweight rating. Exxon Mobil ( XOM) estimates raised at Barclays. XOM 2010 and 2011 EPS estimates increased to $5.60 and $6.50, respectively. Strong operating results in 2Q10, Barclays said. Maintain Overweight rating.