Analysts' Actions: FB CBI COH EXC PMCS


Advent Software ( ADVS) downgraded at Wedbush to Neutral from Outperform, Wedbush said. $30 price target. Bookings could slow, along with the rest of the market.

Advanced Energy Industries ( AEIS) upgraded to buy at TheStreet Ratings.

Alkermes PLC ( ALKS) upgraded to buy at TheStreet Ratings.

Chicago Bridge & Iron ( CBI) downgraded at Credit Suisse from Outperform to Neutral, Credit Suisse said. $39 price target. Shaw deal adds risk to the investment thesis.

Chicago Bridge & Iron downgraded at Lazard from Buy to Neutral, Lazard said. Shaw purchase is a divergence from the company's de-risking strategy.

Coach ( COH) downgraded at Piper from Overweight to Neutral, Piper Jaffray said. $67 price target. Company will spend a few quarters investing in future growth.

Exelon ( EXC) rated new Equal-weight at Morgan Stanley. Valuation call, based on a $40 price target.

Facebook ( FB) upgraded at Bernstein from Underperform to Market Perform, Bernstein said. Valuation call, based on a $23 price target.

Hudson City Bancorp ( HCBK) upgraded at Guggenheim to Buy from Neutral, Guggenheim said. $7 price target. Earnings should bottom in the third quarter.

PMC Sierra ( PMCS) downgraded at Wunderlich to Hold, Wunderlich said. $6.50 price target. CFO left and the company has pushed out its timeline for a potential recovery.

Shaw Group ( SHAW) downgraded at UBS to Neutral from Buy, UBS said. $44 price target. Stock generally prices in acquisition.

Unisource Energy ( UNS) downgraded at DA Davidson from Buy to Neutral, DA Davidson said. Valuation call, following a 14% run in the stock.

Vertex Pharmaceuticals ( VRTX) downgraded at Piper from Overweight to Neutral, Piper Jaffray said. $57 price target. Company is realizing lower Incivek sales.

Watsco ( WSO) rated new Neutral at Lazard. Valuation call.


Anadarko Petroleum ( APC) estimates raised at UBS through 2013, UBS said. Strong 2Q and guidance raise. Buy rating and $105 price target.

Cirrus Logic ( CRUS) numbers increased at Sterne Agee through 2014, Sterne Agee said. Company is seeing a steep ramp in business. Buy rating and new $48 price target.

Cablevision Systems ( CVC) removed from Top Picks Live! at Citigroup. Valuation call. Buy rating and $21 price target.

Group 1 Automotive ( GPI) numbers raised at Morgan Stanley. Shares of GPI now seen reaching $46, according to Morgan Stanley. Estimates also increased, as the company is realizing higher margins.

Humana ( HUM) estimates, target reduced at Credit Suisse. HUM estimates were cut through 2013, Credit Suisse said. Company lowered its guidance. Outperform rating and new $94 price

Seagate ( STX) estimates, target cut at BofA/Merrill. Shares of STX now seen reaching $31, according to Bank of America/Merrill Lynch. Estimates also reduced, given the company's new guidance. Neutral rating.

Vertex Pharmaceuticals ( VRTX) numbers lowered at UBS. Shares of VRTX now seen reaching $60, UBS said. Estimates also lowered as Incivek guidance taken down. Buy rating.

Weight Watchers ( WTW) numbers cut at Credit Suisse. Shares of WTW now seen reaching $82, according to Credit Suisse. Estimates also reduced, given lower expected sales. Outperform rating.

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This article was written by a staff member of TheStreet.

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