Halliburton ( HAL) estimates, target cut at Credit Suisse.Shares of HAL now seen reaching $59. Estimates also reduced, as the company lacks visibility for customer demand. Outperform rating.Halliburton downgraded at Guggenheim from Buy to Neutral. $45 price target. Estimates also cut, as the pressure pumping market appears to have peaked. Halliburton estimates, target lowered at UBS.Shares of HAL now seen reaching $56. Estimates also lowered on reduced NAM margin assumptions. Buy rating. Hess ( HES ) downgraded to hold at TheStreet Ratings IBM ( IBM) downgraded at BMO from Outperform to Market Perform. $190 price target. Results largely in line, but modestly disappointing on the top line. IBM estimates increased at Credit Suisse through 2012. Company continues to deliver solid growth. Neutral rating and $175 price target. IBM estimates increased at UBS through 2012. Q3 upside, lower opex, taxes and share count. Maintain 180 price target and Neutral rating. Lincare Holdings ( LNCR) estimates raised at UBS through 2011 on business diversification. Maintain $35 price target and Buy rating. National Oilwell Varco ( NOV) rated new Buy at Sterne Agee. $81 price target. Well positioned to deliver rising earnings over the next several years, fueled by a robust backlog. PetSmart ( PETM) rated new Buy at ThinkEquity. $53 price target. Retail leader in an area historically resilient to macro headwinds. Qualcomm ( QCOM) rated new Hold at Societe Generale. $55.50 price target. Company is starting to face increased competition. VMWare ( VMW) added to Conviction Buy List at Goldman. Company has set expectations at a reasonable level. $120 price target. VMWare downgraded at Jefferies from Buy to Hold. $90 price target. License growth appears to be slowing. VMware estimates, target adjusted at UBS. Shares of VMW now seen reaching $115. Estimates increased on strongest FQ3 bookings growth in four years. Buy rating. Walgreen ( WAG) downgraded at Jefferies from Buy to Hold. $36 price target. Company is losing bargaining power with the PBM's. Whirlpool ( WHR) downgraded at Goldman to Sell. $42 price target. Company is facing increased competition in Brazil.
NEW YORK ( TheStreet) -- CHANGE IN RATINGS, EPS Anadarko Petroleum ( APC) upgraded at Oppenheimer from Perform to Outperform. $90 price target. Recent settlement with BP regarding Macondo oil spill liabilities is a positive. Baker Hughes ( BHI) rated new Buy at Sterne Agee. $71 price target. Steps taken to restrucutre its organization to a geomarket focus. Boeing ( BA) estimates raised at JP Morgan through 2011 on higher-than-expected 777 and 737 deliveries. Maintain $85 price target and Overweight rating. Brigham Exploration ( BEXP) downgraded at BMO from Outperform to Market Perform. $37 price target. Announcement company has agreed to be acquired by Statoil ASA. Broadcom ( BRCM) rated new Buy at Societe Generale. $41 price target. Company should continue to augment solid growth with acquisitions. CA ( CA) upgraded to buy at TheStreet Ratings Cameron International ( CAM) rated new Buy at Sterne Agee. $57 price target. Healthy backlog and diverse exposure to deepwater drilling. CareFusion ( CFN) rated new Market Perform at BMO. $26 price target. Diversified turnaround story. Charter Communications ( CHTR) rated new Outperform at Credit Suisse. $60 price target. Fundamentals are improving and the company generates solid free cash flow. Chesapeake Energy ( CHK) downgraded at JP Morgan from Overweight to Neutral. $49.50 price target. Cautious on Utica JV and apparent cash flow shortfall. Citigroup ( C) estimates, target reduced at Credit Suisse.Shares of C now seen reaching $45. Estimates also cut, given slower expected macro growth. Neutral rating. Citigroup estimates cut at UBS through 2012. Lower expected reserve releases and weaker capital markets activity. Maintain $43 price target and Buy rating. Coach ( COH) rated new Hold at Deutsche Bank. $66 price target. Luxury spending could slow in the coming quarters. El Paso Pipeline ( EPB) downgraded at Morgan Keegan to Market Perform. $36 price target. Sale of the parent to Kinder Morgan could hurt the value of the pipeline business. Gannet ( GCI) estimates lowered at UBS through 2012. Worse than expected TV and print trends. Maintain $10 price target and Neutral rating.