NEW YORK ( TheStreet) -- CHANGE IN RATINGS Adtran ( ADTN) downgraded at Morgan Stanley to Equal Weight from Overweight, Morgan Stanley said. Weak carrier capex. DreamWorks ( DWA) downgraded to hold at TheStreet Ratings. Denbury ( DNR) resources upgraded at Sterne Agee to Neutral from Underperform, Sterne Agee said. Williston Basin results creates optionality. Exterran Partners ( ELXP) upgraded to buy at TheStreet Ratings. FEI Company ( FEIC) rated new Overweight at JP Morgan. $56 price target. Poised to continue strong growth. MasterCard ( MA) rated new Neutral at UBS. $439 price target. Europe may be a challenge. VeriFone ( PAY) rated new Neutral at UBS. $50 price target. Well positioned for long term growth. Paychex ( PAYX) rated new Buy at UBS. $37 price target. Positioned ahead of eventual small business comeback. QEP Resources ( QEP) downgraded at Sterne Agee to Underperform from Neutral, Sterne Agee said. $35 price target. Lack of catalysts. SandRidge Energy ( SD) downgraded at Canaccord to Sell from Hold, Canaccord said. $6 price target. Higher operating expense. Visa ( V) rated new Neutral at UBS. $124 price target. Durbin will likely slow growth. Western Union ( WU) rated new Neutral at UBS. $19 price target. Shares inexpensive, but near term outlook unclear.
STOCK COMMENTS / EPS CHANGESAir Methods Corporation ( AIRM) target raised at Oppenheimer. Shares of AIRM now seen reaching $103, Oppenheimer said. Pricing continues to drive growth. Outperform rating. Bank of New York Mellow ( BK) numbers raised at Jefferies. Shares of BK now seen reaching $23, Jefferies said. Estimates also raised now that expense hurdles are clear. Hold rating. Cooper Industries ( CBE) target raised at Oppenheimer. Share of CBE now seen reaching $70, Oppenheimer said. Strength percolating. Outperform rating. Costco ( COST) numbers raised at Jefferies. Shares of COST now seen reaching $78, Jefferies said. Estimates also raised on inline second quarter EBIT, representing progress. Hold rating. Finisar ( FNSR) numbers lowered at Jefferies. Shares of FNSR now seen reaching $18, Jefferies said. Estimates also lowered on Lightwire overhang. Hold rating. Hubbell Incorporated ( HUB.B) numbers raised at Oppenheimer. Shares of HUB.B now seen reaching $83, Oppenheimer said. Estimates also raised on impressive strategic focus. Outperform rating. InterXion Holding ( INXN) numbers raised at Benchmark. Shares of INXN now seen reaching $18, Benchmark said. Estimates also raised on solid guidance. Overweight rating.
Jazz Pharma ( JAZZ) numbers raised at Jefferies. Shares of JAZZ now seen reaching $64, Jefferies said. Estimates also raised on beatable 2012 guidance. Buy rating. Joy Global ( JOY) numbers raised at Jefferies. Shares of JOY now seen reaching $64, Jefferies said. Estimates also raised on solid long-term outlook. Hold rating. JP Morgan ( JPM) numbers raised at Citigroup. Shares of JPM now seen reaching $45, according to Citigroup. Estimates also increased to reflect a more sanguine view on expense control. Buy rating. VeriFone ( PAY) numbers raised at Citigroup. Shares of PAY now seen reaching $57, according to Citigroup. Estimates also increased on positive mid quarter commentary from the company and strong 4Q11 results from competitor. Buy rating. PetSmart ( PETM) numbers raised at JP Morgan. Shares of PETM now seen reaching $54, JP Morgan said. Estimates also raised on consistent execution. Neutral rating. PetSmart target raised at Credit Suisse to $60, Credit Suisse said. Outlook for strong 2012 remains intact. Outperform rating. Verisk Analytics ( VRSK) numbers raised at Credit Suisse. Shares of VRSK now seen reaching $48, Credit Suisse said. Estimates also raised on strong quarter. Outperform rating. Western Gas Partners ( WES) numbers raised at Credit Suisse. Shares of WES now seen reaching $48, Credit Suisse said. Estimates also raised on strong organic growth trajectory. Outperform rating. Westport Innovations ( WPRT) target raised at Morgan Stanley to $52, Morgan Stanley. Top line expansion story gains steam. Overweight rating. >To submit a news tip, email: firstname.lastname@example.org.
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