Molson Coors ( TAP) downgraded at UBS to Neutral from Buy, UBS said. $45 price target. Lack of cost savings and difficult volume environment. Texas Instruments ( TXN) downgraded at Kaufman to Hold, Kaufman Bros. said. $35 price target. Stock is already pricing in a bottoming of the business. Ultra Petroleum ( UPL) downgraded at Global Hunter from Accumulate to Neutral, Global Hunter said. $36 price target. Company will be hurt by the mild winter. Western Digital ( WDC) upgraded at Needham from Hold to Buy, Needham said. $41 price target. Company can take advantage of a unique supply/demand situation in the disk drive industry. Winthrop Realty Trust ( FUR) upgraded to buy at TheStreet Ratings. Zions Bancorporation ( ZION) downgraded at Stifel from Buy to Hold, Stifel Nicolaus said. Estimates also cut, because of lower realized revenue. Zynga ( ZNGA) rated new Outperform at Baird. $12 price target. Company is a market leader and leveraged to secular growth drivers.
STOCK COMMENTS / EPS CHANGES
Apple ( AAPL) estimates, target boosted at Sterne Agee. Shares of AAPL now seen reaching $540, according to Sterne Agee. Estimates also upped, as the company's guidance could prove to be less conservative than usual. Buy rating. Autodesk ( ADSK) target raised at Jefferies to $43, Jefferies said. Estimates also raised on strong reseller survey. Buy rating. Alexion Pharmaceuticals ( ALXN) target raised at Oppenheimer to $84, Oppenheimer said. Asfotase Alfa is significant addition to future growth. Outperform rating. Bank of Hawaii ( BOH) numbers increased at Credit Suisse. BOH estimates were raised through 2014, Credit Suisse said. Company can is post increased capital deployment and earning asset growth. Neutral rating and new $47 price target. Cisco Systems ( CSCO) numbers upped at Auriga. CSCO estimates were boosted through 2013, Auriga USA said. Company should benefit from improving product cycles and better enterprise demand. Buy rating and new $24 price target. General Electric ( GE) target raised at Oppenheimer to $21, Oppenheimer said. Industrial margins are reset. Outperform rating. Halliburton ( HAL) estimates, target cut at Credit Suisse. HAL estimates were reduced through 2013, Credit Suisse said. Company is likely to see lower domestic land-based sales. Outperform rating and new $54 price target. Halliburton numbers adjusted at UBS. Shares of HAL now seen reaching $48, according to UBS. Estimates increased on encouraging international margins guidance. Buy rating.