NEW YORK ( TheStreet) -- CHANGE IN RATINGS Allegiant Travel ( ALGT) downgraded at Sterne Agee to Neutral, Sterne Agee said. Valuation call, based on a $74 price target. TD Ameritrade ( AMTD) upgraded at BGB from Sell to Hold, BGB Securities said. Valuation call, based on a $15.50 price target. Atmel ( ATML) rated new Outperform at Pacific Crest. Market expectations are low and the company has had recent design wins. $9 price target. AptarGroup ( ATR) downgraded at Keybanc from Buy to Hold, Keybanc said. Company cut guidance because of Europe. American Express ( AXP) upgraded at Nomura to Buy, Nomura said. New analyst believes that fee-based initiatives can help drive growth. Babcock & Wilcox ( BWC) upgraded to buy at TheStreet Ratings. Celanese ( CE) upgraded at UBS to Buy from Neutral, UBS said. $49 price target. Ethanol technology provides upside and stock catalyst. Capital One ( COF) downgraded at Nomura to Neutral, Nomura said. New analyst believes that the portfolio runoff and weak loan growth will weigh on the stock. Cypress Semiconductor ( CY) rated new Sector Perform at Pacific Crest. Company is leveraged to the lower end fo the business. Darling ( DAR) rated new Market Perform at JMP. Valuation call. Enbridge Energy Partners ( EEP) upgraded to buy at TheStreet Ratings. Eaton Vance ( EV) downgraded at BofA/Merrill from Neutral to Underperform, Bank of America/Merrill Lynch said. Valuation call, based on a $29 price target. Fiserv ( FISV) downgraded at Baird from Outperform to Neutral, Robert Baird said. Valuation call, based on an $80 price target. Las Vegas Sands ( LVS) rated new Buy at Cantor. $57 price target. Company remains leveraged to long-term growth potential in Macau. Mako Surgical ( MAKO) downgraded at Goldman from Buy to Neutral, Goldman Sachs said. $17 price target. Thesis appears broken and the company lacks near-term catalysts. MGM Resorts ( MGM) rated new Buy at Cantor. $14 price target. Macau should continue to grow, based on growing prosperity in China. Southwestern Energy ( SWN) upgraded at Stifel from Hold to Buy, Stifel Nicolaus said. $38 price target. New oil plays could drive growth. T. Rowe Price ( TROW) upgraded at BofA/Merrill to Buy, Bank of America/Merrill Lynch said. $74 price target. Company's funds continue to outperform the broader market.
Tyson Foods ( TSN) downgraded at JP Morgan from Overweight to Neutral, JP Morgan said. $20 price target. Feed costs are moving higher. Viacom ( VIA.B) downgraded at UBS to Neutral from Buy, UBS said. $48 price target. Growth concerns likely an overhang into 2013. Wynn Resorts ( WYNN) rated new Buy at Cantor. $134 price target. Stock is down 20% since April, but Macau still has plenty of room to grow.
STOCK COMMENTS / EPS CHANGESAlcoa ( AA) estimates, target reduced at JP Morgan. AA estimates were cut through 2013, JP Morgan said. Company is seeing lower aluminum prices. Overweight rating and new $12 price target. Alcoa estimates cut at UBS through 2013 to reflect updated guidance and lower aluminum forecasts, UBS said. Neutral rating and $9.50 price target. Alcoa numbers lowered at Jefferies. Shares of AA now seen reaching $11, Jefferies said. Estimates also lowered on sluggish aluminum prices. Buy rating. Advanced Micro Devices ( AMD) numbers lowered at Citigroup. Shares of AMD now seen reaching $8, Citigroup said. Estimates also lowered on weak PC market and share loss to Intel. Advanced Micro numbers reduced at Credit Suisse. Shares of AMD now seen reaching $6, according to Credit Suisse. Estimates also cut, given lower computer demand. Neutral rating. Advanced Micro Devices numbers cut at UBS. Shares of AMD now seen reaching $7, UBS said. Estimates also lowered as preliminary 2Q sales well below estimates. Buy rating. Carlyle Group ( CG) estimates raised at Citigroup through 2013, Citigroup said. 2Q carry fund performance beats forecast. $29 price target and buy rating. Dover ( DOV) estimates, target reduced at Morgan Stanley. Shares of DOV now seen reaching $64, according to Morgan Stanley. Estimates also cut, given the company's new guidance. Equal-weight rating. Luminex ( LMNX) numbers lowered at Jefferies. Shares of LMNX now seen reaching $17, Jefferies said. Estimates also lowered on GenturaDx acquisition. Hold rating. Las Vegas Sands ( LVS) numbers cut at JP Morgan. Shares of LVS now seen reaching $50, according to JP Morgan. Estimates also reduced, given lower expected growth in Macau. Overweight rating. >To submit a news tip, email: email@example.com.
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