Analysts' Actions: BRCM, COP, BTU


Broadcom ( BRCM) was added to the Conviction Buy List at Nomura. Valuation is attractive at 13 times CY13E EPS.

Peabody Energy ( BTU) was upgraded at Goldman Sachs from Neutral to Buy. $37 price target. Macro data is improving in China, and the company is leveraged to higher PRB prices, Goldman said.

ConocoPhillips ( COP) was upgraded at Citigroup to Buy from Neutral. $67 price target. Opportunistic entry point from split-up, Citigroup said.

Everbank Financial ( EVER) was initiated with a Neutral rating at Goldman Sachs. $13 price target. Margins will be pressured by lower interest rates, Goldmans said.

Everbank Financial was initiated with an Outperform rating at Keefe, Bruyette & Woods. $14 price target. Company is a well-managed, fast-growing bank, KBW said.

Foot Locker ( FL) was upgraded at Deutsche Bank from Hold to Buy. $38 price target. Higher sales are driving wider margins, Deutsche said.

Intersil ( ISIL) was upgraded at Needham from Hold to Buy. $13 price target. Cost improvements should attract value investors, Needham said.

Jack in the Box ( JACK) was upgraded at Wedbush Securities from Underperform to Neutral. $25 price target. Industry pricing and commodity costs are improving, Wedbush said.

L-3 Communications ( LLL) was upgraded at Oppenheimer to Neutral from Underperform. Valuation now reflects headwinds, Oppenheimer said.

Vail Resorts ( MTN) was upgraded at Stifel Nicolaus from Hold to Buy. $53 price target. Stock is attractive, following a 12% pullback, Stifel Nicolaus said.

Terex ( TEX) was upgraded at BMO Capital Markets to Outperform from Market Perform. $30 price target. Decline in share price represents buying opportunity, BMO said.


Crocs ( CROX) estimates were boosted through 2013 at Sterne Agee. Company boosted its guidance, Sterne Agee said. Buy rating and $30 price target.

Walt Disney ( DIS) price target was raised at Morgan Stanley. Shares are now seen reaching $51. Company is realizing higher margins at ABC, and the Avengers movie has performed well, Morgan Stanley said. Overweight rating.

EOG Resources ( EOG) was added to the Conviction Buy List at Goldman Sachs. Selloff in energy names appears overdone, Goldman said. $149 price target.

HMS ( HMSY) estimates, price target were raised at Bank of America/Merrill Lynch. Shares are now seen reaching $41. Estimates were also increased, given higher Medicare RACs, BofA/Merrill said. Buy rating.

If you liked this article you might like

Cramer: Dominoes Are in Play Today

Fedex, Apple Are on a Roll Explains Jim Cramer

Cramer: These Stocks Are Playing Catch-Up

Toshiba Reportedly Favoring Broadcom in Flash Business Sale

Bank Earnings Are at a Critical Turning Point: Cramer's 'Mad Money' Recap (Wednesday 4/12/17)