PerkinElmer The industrial technology and service provider is scheduled to report fourth-quarter earnings on Thursday. Analysts, on average, expect earnings of 51 cents a share on $537.06 million in revenue. "We generally believe PKI's business, with its overexposure to services and diagnostics and underexposure to academic research, will prove more resilient thaninvestors expect in a downturn," Leerink Swann analysts wrote in a report on Jan. 6. "However, we believe all of PKI's asset shuffling in recent years has saddled the company with a complexity discount. With a shift toward debt repayment, we believe the portfolio mix will stabilize in 2012 and the company will be afforded an opportunity to enable investors to better understand the synergies between its existing mix of businesses and better appreciate some of the growth optionality of recent acquisitions." Shares of PerkinElmer were upgraded to a buy from a hold by TheStreet Ratings. PerkinElmer gets a B grade from TheStreet Ratings with a $27.71 price target. The stock closed at $23.82 on Monday.
Lennox International The heating, ventilation, air conditioning and refrigeration company is scheduled to report its fourth-quarter earnings on Thursday. Analysts, on average, expect profit of 49 cents a share on $800.06 million in revenue. KeyBanc Capital Markets analysts downgraded Lennox International to a hold from a buy on Jan. 18. "Our channel work points to continued weak demand in the domestic residential HVAC market due to a tough consumer environment and mild winter temperatures, which likely supports soft 4Q11 performance, and more importantly a slow start to the new year," KeyBanc analysts wrote in a Jan. 18 report. "LII and WSO shares have outperformed since our late August 2011 upgrade, and while our long-term fundamental view is favorable, the residential HVAC-related names under our coverage appear fairly valued given near-term demand challenges and persisting market uncertainty moving into 2012." But shares of Lennox International were upgraded to a buy from a hold by TheStreet Ratings. Lennox International gets a B grade from TheStreet Ratings with a price target of $43.45. The stock closed Monday at $36.75.