NEW YORK ( TheStreet) -- CHANGE IN RATINGS Advance Auto Parts ( AAP) downgraded at Credit Suisse from Outperform to Neutral, Credit Suisse said. $75 price target. Estimates also cut, as the company lacks near-term visibility. Autobytel ( ABTL) upgraded to hold at TheStreet Ratings. ACCO Brands ( ACCO) upgraded to hold at TheStreet Ratings. Aeropostale ( ARO) rated new Neutral at Lazard. Company has lost mindshare and market share with customers. Big Lots ( BIG) downgraded at JP Morgan from Neutral to Underweight, JP Morgan said. Valuation call, based on a $34 price target. Cisco Systems ( CSCO) rated new Hold at Needham. Sales growth could remain sluggish. Convergys ( CVG) downgraded at Baird from Outperform to Neutral, Robert Baird said. $17 price target. Company has shed non-core assets and is improving execution at its call center unit. EOG Resources ( EOG) upgraded at Miller Tabak to Buy, Miller Tabak said. Growth is accelerating in the Eagle Ford. Buy rating and $124 price target. Bottomline ( EPAY) upgraded at Craig-Hallum from Hold to Buy, Craig-Hallum said. $26 price target. Company has addressed recent concerns. Ensco ( ESV) downgraded at Clarkson to Market Perform, Clarkson Capital said. Valuation call, based on a $59 price target. Hillshire Brands ( HSH) downgraded at DA Davidson to Underperform, DA Davidson said. $20 price target. Business is slowly declining. JDS Uniphase ( JDSU) rated new Buy at Goldman. Coverage of JDSU was started with a Buy rating, Goldman Sachs said. $14 price target. Company should see increased customer spending in the second half of the year. Middleby ( MIDD) downgraded at Baird from Outperform to Neutral, Robert Baird said. Valuation call, based on a $106 price target. Palo Alto ( PANW) rated new Buy at Stifel. $75 price target. Company can continue to gain market share in the coming quarters. Pegasystems ( PEGA) downgraded at Benchmark from Buy to Hold, Benchmark said. $23 price target. Company is seeing lower license revenue and earnings. Ralph Lauren ( RL) downgraded at Argus from Buy to Hold, Argus said. Company is seeing weaker consumer demand and rising input costs. Teekay ( TK) downgraded at Credit Suisse from Outperform to Neutral, Credit Suisse said. $34 price target. Company lacks near-term catalysts.
Ubiquiti Networks ( UBNT) downgraded at Pacific Crest to Sector Perform, Pacific Crest said. Sales are declining. Ubiquiti Networks downgraded at Deutsche from Buy to Hold, Deutsche Bank said. $12 price target. Company guided lower, because of counterfeiting issues. Ubiquiti Networks downgraded at Wedbush. Shares of UBNT downgraded to Neutral from Outperform, Wedbush said. $8 price target. Counterfeiting issue to take longer to resolve. Verisign ( VRSN) downgraded at Baird from Outperform to Neutral, Robert Baird said. Valuation call, based on a $47 price target.
Twitter and become a fan on Facebook.
STOCK COMMENTS / EPS CHANGESAlliant Techsystems ( ATK) numbers boosted at Credit Suisse. Shares of ATK now seen reaching $56, according to Credit Suisse. Estimates also upped, as the company is realizing higher margins. Neutral rating. Enersys ( ENS) numbers raised at Jefferies. Shares of ENS now seen reaching $43, Jefferies said. Estimates also raised on strong execution. Buy rating. ExactTarget ( ET) estimates, target raised at Lazard. Shares of ET now seen reaching $32, according to Lazard. Estimates also increased, given the company's new guidance. JPMorgan ( JPM) estimates cut at UBS through 2013, UBS said. Company has delayed its share buybacks. Buy rating and $46 price target. Nordstrom ( JWN) estimates, target raised at Credit Suisse. Shares of JWN now seen reaching $56, according to Credit Suisse. Estimates also increased, as the company is taking market share. Neutral rating. Kohl's ( KSS) numbers lowered at BMO Capital. Shares KSS now seen reaching $58, BMO Capital said. Estimates also lowered on gross margin threshold reset. Outperform rating. Medivation ( MDVN) estimates, target cut at Credit Suisse. Shares of MDVN now seen reaching $120, according to Credit Suisse. Estimates also reduced, given rising operating costs. Outperform rating. Noble Energy ( NBL) numbers increased at Guggenheim. NBL estimates were raised through 2013, Guggenheim said. New Falkland deal should add to earnings. Buy rating and new $120 price target. NVIDIA ( NVDA) numbers raised at BMO Capital. Shares of NVDA now seen reaching $16, BMO Capital said. Estimates also raised on strong results and guide. Market Perform rating. ViroPharma ( VPHM) numbers raised at Jefferies. Shares of VPHM now seen reaching $29, Jefferies said. Estimates also raised on solid 2Q12. Buy rating. >To submit a news tip, email: email@example.com.
READERS ALSO LIKE:
Twitter and become a fan on Facebook.