Analysts' Actions: CSCO, COP, GOOG, FDX

NEW YORK ( TheStreet) -- CHANGE IN RATINGS

Adobe Systems ( ADBE) downgraded at JMP from Market Perform to Underperform, JMP Securities said. $26 price target. Company cut its sales outlook and has exposure to Europe.

Acme Packet ( APKT) downgraded at Jefferies to Hold from Buy, Jefferies said. $21 price target. Hesitation by carriers to invest in wireline.

Beam ( BEAM) upgraded at Argus from Hold to Buy, Argus said. $74 price target. Company could be a possible takeover target.

Choice Hotels ( CHH) upgraded at Baird from Underperform to Neutral, Robert Baird said. $38 price target. Company is returning cash to shareholders and shorts may soon be scrambling to cover.

Colony Bankcorp ( CBAN) upgraded to hold at TheStreet Ratings.

Rockwell Collins ( COL) downgraded at Goldman to Sell, Goldman Sachs said. Company is facing increased competition and has high exposure to the defense sector. $46 price target.

ConocoPhillips ( COP) downgraded at Goldman from Neutral to Sell, Goldman Sachs said. Valuation call, based on a $58 price target.

Cisco ( CSCO) upgraded at BMO from Market Perform to Outperform, BMO Capital said. $21 price target. Solid, growing cash flow deserves a higher multiple.

Citrix Systems ( CTXS) rated new Hold at ThinkEquity. $84 price target. Company faces growth risks in Europe.

Coventry Health ( CVH) downgraded at Leerink to Market Perform, Leerink Swann said. Risk/reward is less favorable, ahead of the Supreme Court decision on healthcare reform.

Community Health ( CYH) rated new Buy at UBS. $36 price target. Leader in non urban hospital market with a growth track record.

Huntington Bancshares ( HBAN) rated new Neutral at JP Morgan. Company still lags in several key metrics. $7 price target.

HCA Holdings ( HCA) rated new Buy at UBS. $34 price target. Nation's largest healthcare provider focused on fast growing markets.

Huntington Ingalls ( HII) upgraded at Goldman from Sell to Neutral, Goldman Sachs said. $39 price target. Navy demand should remain strong, relative to other areas of defense.

Health Management ( HMA) rated new Buy at UBS. $11 price target. Leading hospital operator in fast growing southeast non-urban market.

HSN ( HSNI) downgraded at Citigroup to Neutral from Buy, Citigroup said. $42.50 price target. Strong recent performance in shares.

LinkedIn ( LNKD) initiated as a sell at TheStreet Ratings.

NV Energy ( NVE) upgraded at BofA/Merrill from Neutral to Buy, Bank of America/Merrill Lynch said. Company has solid earnings quality and can grow the dividend faster than its peers. $19 price target.

Rosetta Resources ( ROSE) downgraded at BMO to Market Perform, BMO Capital said. $40 price target. NGL pricing could remain a headwind.

Southern Company ( SO) downgraded at BofA/Merrill from Buy to Neutral, Bank of America/Merrill Lynch said. Valuation call, based on a $48 price target.

Universal Health Services ( UHS) rated new Neutral at UBS. $43 price target. Strong behavioral segment results building on PSI acquisition.

UnitedHealth rated new Buy at Cantor Fitzgerald. $70 price target. Company is seeing above-average enrollment growth and can deliver solid earnings growth.

Walgreen ( WAG) downgraded at Argus from Buy to Hold, Argus said. Alliance Boots purchase complicates the company's business model.

Whole Foods ( WFM) rated new Buy at Cantor. $104 price target. Company should continue to execute at peak levels.

Wellpoint ( WLP) rated new Hold at Cantor. $75 price target. Company still needs to show that enrollment and earnings can improve.

Wellpoint ( WLP) downgraded at Leerink from Outperform to Market Perform, Leerink Swann said. Valuation call; as the stock is up 8% this month, ahead of the Supreme Court ruling on healthcare reform.

STOCK COMMENTS / EPS CHANGES

Adobe Systems ( ADBE) numbers lowered at Credit Suisse. ADBE estimates were cut through 2014, Credit Suisse said. Company is seeing slower growth in digital marketing. Neutral rating and new $30 price target.

Discover ( DFS) estimates, target raised at Morgan Stanley.Shares of DFS now seen reaching $39, according to Morgan Stanley. Estimates also increased, given better credit trends. The company may also repurchase more shares. Equal-weight rating.

Discover Financial Services numbers raised at Jefferies.Shares of DFS now seen reaching $40, Jefferies said. Estimates also raised on slower card yield compression. Buy rating.

FedEx ( FDX) estimates, target increased at Sterne Agee.FDX estimates were raised through 2013, Sterne Agee said. Company is cutting costs across the board. Buy rating and new $120 price target.

FedEx numbers lowered at Jefferies. Shares of FDX now seen reaching $103, Jefferies said. Estimates also lowered on lower expectations for 2013. Hold rating.

Google ( GOOG) estimates, target cut at Benchmark. Shares of GOOG now seen reaching $615, according to Benchmark. Estimates also reduced, as checks show lower online advertising in Europe and domestic search volume. Hold rating.

WR Grace ( GRA) numbers reduced at Keybanc. GRA estimates were cut through 2013, Keybanc said. Company is facing growth headwinds and is leveraged to a stronger dollar. Buy rating and new $73 price target.

JC Penney ( JCP) numbers cut at Credit Suisse. Shares of JCP now seen reaching $25, according to Credit Suisse. Estimates also reduced, as channel checks show the company is using more markdowns.

Liberty Interactive ( LINTA) added to Top Picks Live! at Citigroup. Passive equity stakes held by Liberty have risen significantly.

Molson Coors ( TAP) numbers cut at UBS. Shares of TAP now seen reaching $41, UBS said. Estimates also lowered on slowing share repurchases through 2013. Neutral rating.

Walgreen ( WAG) estimates, target cut at Credit Suisse. WAG estimates were reduced through 2014, Credit Suisse said. Company may face slower growth in the U.S. Neutral rating and new $28 price target.

Zumiez ( ZUMZ) numbers raised at Oppenheimer. Shares of ZUMZ now seen reaching $45, Oppenheimer said. Estimates also raised on guidance bump up. Outperform rating.

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This article was written by a staff member of TheStreet.

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