SAP ( SAP) downgraded at Ticonderoga from Hold to Sell, Ticonderoga said. Estimates also cut, as checks suggest lower software demand. Steel Dynamics ( STLD) upgraded at BofA Merrill from Neutral to Buy, Bank of America Merrill Lynch said. $17 price target. Stock has lagged and market conditions are poised to improve in the near term. AT&T ( symbol) downgraded at Pacific Crest to Sector Perform, Pacific Crest said. Wireless data growth is facing increased headwinds. TiVo ( TIVO) upgraded at Evercore from Equal-Weight to Overweight, Evercore Partners said. $12 price target. AT&T settlement larger and sooner than expected. Warnaco ( WRC) upgraded at Morgan Stanley from Underweight to Equal-weight, Morgan Stanley said. Company should post solid quarterly results next week.
STOCK COMMENTS / EPS CHANGES
Agilent ( A) added to Top Pick List at JP. Company can deliver above-average growth in the coming quarters. Apple ( AAPL) estimates increased at Credit Suisse through 2013, Credit Suisse said. Company is seeing higher iPhone sales. Outperform rating and $500 price target. Acme Packet ( APKT) numbers cut at Goldman. Shares of APKT now seen reaching $30, according to Goldman Sachs. Estimates also reduced, given lower service provider demand. Neutral rating. Acuity Brands ( AYI) numbers raised at Jefferies. Shares of AYI now seen reaching $47, Jefferies said. Estimates also raised on signs of improving building conditions. Hold rating. CBOE Holdings ( CBOE) estimates lowered at Jefferies through 2012, Jefferies said. In line growth, lacking catalysts. Hold rating. EMC ( EMC) added to US Focus List at Credit Suisse. Company can see solid secular growth over the next several quarters. Juniper ( JNPR) estimates, target cut at Pacific Crest. Shares of JNPR now seen reaching $26, according to Pacific Crest. Estimates also reduced, as data monetization models appear to be broken. Lululemon ( LULU) added to Conviction Buy List at Goldman Sachs. $64 price target. Estimates also boosted, given continued sales momentum. 3M ( MMM) target raised at Jefferies to $94, Jefferies said. Growing C&O with acquisition from Avery Dennison. Buy rating. Monsanto ( MON) estimates upped at Credit Suisse through 2013, Credit Suisse said. Grain prices remain favorable. Neutral rating and $75 price target.