Analysts' Actions: AAPL, AMGN, JNPR, NFLX

NEW YORK ( TheStreet) -- CHANGE IN RATINGS

Amgen ( AMGN) upgraded at Credit Suisse from Neutral to Outperform, Credit Suisse said. $85 price target. Stock is a defensive play for the current environment.

Avery Dennison ( AVY) downgraded at BofA/Merrill to Underperform, Bank of America/Merrill Lynch said. Valuation call, based on a $33 price target.

The Buckle ( BKE) downgraded at Keybanc from Hold to Underweight, Keybanc said. $33 price target. Company will struggle to maintain current margin levels.

Conagra ( CAG) rated new Buy at Keybanc. $30 price target. Private label and international markets should drive growth over the coming years.

CH Robinson ( CHRW) downgraded at Deutsche from Buy to Hold, Deutsche Bank said. $58 price target. Potential margin expansion will likely be delayed.

Chipotle ( CMG) upgraded at Miller Tabak from Hold to Buy, Miller Tabak said. $350 price target. Stock is down 34% from its April highs.

Cymer ( CYMI) downgraded at Stifel from Buy to Hold, Stifel Nicolaus said. Valuation call.

Domino's Pizza ( DPZ) upgraded at Goldman from Neutral to Buy, Goldman Sachs said. Stock also placed on the Conviction List. $40 price target. Company is in the early stages of expanding into the emerging markets.

Gentex ( GNTX) downgraded at Craig-Hallum from Buy to Hold, Craig-Hallum said. $17 price target. Company is losing market share.

Global Payments ( GPN) upgraded at Goldman to Buy, Goldman Sachs said. $52 price target. Company can continue to grow through emerging markets.

International Game ( IGT) downgraded at Credit Suisse from Outperform to Neutral, Credit Suisse said. $15 price target. Company is facing increased competition.

Intuitive Surgical ( ISRG) upgraded at Mizuho to Buy, Mizuho said. $540 price target. Company can continue to grow through da Vinci and should exceed consensus expectations.

Lennox ( LII) downgraded at JP Morgan from Overweight to Neutral, JP Morgan said. Valuation call, based on a $44 price target.

MWI Veterinary ( MWIV) downgraded at Piper from Overweight to Neutral, Piper Jaffray said. $92 price target. Drought and higher commodity prices could weigh on near-term results.

Netflix ( NFLX) downgraded at Piper from Overweight to Neutral, Piper Jaffray said. $74 price target. Company will likely need to spend more to build out its international footprint.

Ralcorp ( RAH) rated new Hold at Keybanc. Company has relatively high exposure to rising commodities prices.

RF Micro Devices ( RFMD) downgraded at UBS to Sell from Neutral, UBS said. $3.25 price target. Share loss at Samsung.

RF Micro Devices downgraded at Craig-Hallum from Buy to Hold, Craig-Hallum said. Company cut guidance, because of macro headwinds. $4.50 price target.

STOCK COMMENTS / EPS CHANGES

Apple ( AAPL) estimates lowered at UBS through 2013, UBS said. China revenue down 28% sequentially. Buy rating and $740 price target.

Apple ( AAPL) estimates, target cut at Morgan Stanley. Shares of AAPL now seen reaching $720, according to Morgan Stanley. Estimates also reduced, given the company's new guidance. Overweight rating.

Apple estimates, target reduced at BofA/Merrill.AAPL estimates were cut through 2014, Bank of America/Merrill Lynch said. Company is seeing weaker iPhone and Mac demand. Buy rating and new $720 price target.

Amazon ( AMZN) estimates reduced at Benchmark through 2013, Benchmark said. Company faces macro growth headwinds. Buy rating and $260 price target.

Air Products ( APD) numbers reduced at Credit Suisse. APD estimates were cut through 2013, Credit Suisse said. Company lowered its guidance. Outperform rating and new $92 price target.

Broadcom ( BRCM) estimates raised at UBS through 2012 on lower opex, UBS said. Buy rating and $45 price target.

Peabody Energy ( BTU) numbers cut at Credit Suisse. Shares of BTU now seen reaching $29, according to Credit Suisse. Estimates also reduced, given the company's new guidance. Outperform rating.

Rockwell Collins ( COL) numbers cut at Credit Suisse.Shares of COL now seen reaching $62, according to Credit Suisse. Estimates also reduced, given slower macro growth. Outperform rating.

Illinois Tool ( ITW) numbers cut at Credit Suisse. Shares of ITW now seen reaching $57, according to Credit Suisse. Estimates also reduced, given the company's new guidance.

Juniper Networks ( JNPR) estimates raised at UBS through 2013, UBS said. Cost savings to benefit margins in 2013. Buy rating and $22 price target.

Netflix ( NFLX) numbers cut at Citigroup. Shares of NFLX now seen reaching $120, Citigroup said. Estimates also lowered on ramped up international opex. Buy rating.

Pentair ( PNR) estimates, target reduced at Credit Suisse. Shares of PNR now seen reaching $50, according to Credit Suisse. Estimates also cut, as currency remains a challenge. Neutral rating.

Reynolds American ( RAI) numbers boosted at Morgan Stanley. Shares of RAI now seen reaching $40, according to Morgan Stanley. Estimates also upped, given better pricing and cost-cutting efforts.

Regions Financial ( RF) numbers upped at Credit Suisse. RF estimates were boosted through 2015, Credit Suisse said. Company is realizing a higher net interest margin. Outperform rating and new $9 price target.

Riverbed Technology ( RVBD) numbers raised at Sterne Agee. Shares of RVBD now seen reaching $21, Sterne Agee said. Estimates also increased as competitive landscape for WAN Op remains muted. Buy rating.

AT&T ( T) numbers raised at UBS. Shares of T now seen reaching $35, UBS said. Estimates also raised as fewer upgrades led to better margins. Neutral rating.

AT&T estimates, target raised at Nomura. Shares of T now seen reaching $38, according to Nomura. Estimates also increased, given record wireless service margins. Buy rating.

Tripadvisor ( TRIP) estimates, target cut at BofA/Merrill. Shares of TRIP now seen reaching $48, according to Bank of America/Merrill Lynch said. Estimates also cut, as the company is seeing slower sales growth. Buy rating.

Under Armour ( UA) target raised at UBS to $54, UBS said. Solid 2H athletic outlook. Neutral rating.

Under Armour numbers increased at Morgan Stanley. UA estimates were raised through 2014, Morgan Stanley said. Higher sales are driving margin expansion. Overweight rating and new $62 price target.

United Parcel Service ( UPS) numbers cut at Sterne Agee. Shares of UPS now seen reaching $105, Sterne Agee said. Estimates also lowered on conservative guidance. Buy rating.

Waters ( WAT) estimates, target cut at Morgan Stanley. Shares of WAT now seen reaching $89, according to Morgan Stanley. Estimates also reduced, given the company's new guidance. Overweight rating.

Western Union ( WU) numbers cut at Credit Suisse. Shares of WU now seen reaching $20, according to Credit Suisse. Estimates also reduced, given decelerating growth. Neutral rating.

Western Union estimates trimmed at Citigroup. WU estimates lowered through 2013, Citigroup said. Flow through effects of FX and macro headwinds. Buy rating and $24 price target.

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This article was written by a staff member of TheStreet.

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