Cummins ( CMI) estimates, boosted at Credit Suisse. Shares of CMI now seen reaching $120, according to Credit Suisse. Estimates also upped, as the company is realizing higher margins. Outperform rating.

Foster Wheeler ( FWLT) numbers cut at Credit Suisse. Shares of FWLT now seen reaching $31, according to Credit Suisse. Estimates also reduced, given the company's new guidance. Outperform rating.

Kraft ( KFT) estimates reduced at Credit Suisse through 2013, Credit Suisse said. Company is leveraged to Southern Europe and is facing currency concerns. Outperform rating and $45 price target.

Manpower ( MAN) estimates, target cut at Morgan Stanley. MAN estimates were reduced through 2013, Morgan Stanley said. Expect slower growth in Europe. Equal-weight rating and new $36 price target.

Valero Energy ( VLO) numbers upped at Morgan Stanley through 2014, Morgan Stanley said. Retail spinoff should boost shareholder value. Equal-weight rating and new $32 price target.

Wal-Mart ( WMT) target raised at BofA/Merrill to $85, according to Bank of America/Merrill Lynch. Company has limited exposure to Europe and deserves a higher multiple. Buy rating.

STRATEGY CALLS / MARKET CALLS

Airline Sector downgraded at Dahlman from Optimistic to Cautious, Dahlman Rose said. Stocks are already pricing in the bottom for fuel costs.

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