Analysts' Actions: RIMM HPQ MUR EBAY PCS


Adtran ( ADTN) downgraded at UBS to Neutral from Buy, UBS said. $17 price target. Near term headwinds, limited visibility.

Aruba Networks ( ARUN) downgraded at Goldman from Buy to Neutral, Goldman Sachs said. $23 price target. Company is investing more into its business, which is keeping a lid on margins.

Con-Way ( CNW) downgraded at BofA/Merrill to Underperform from Buy, Bank of America/Merrill Lynch said. $37 price target. Estimates also cut, given higher realized costs and a weaker freight market.

Mack-Cali Realty ( CLI) downgraded to hold at TheStreet Ratings.

eBay ( EBAY) upgraded at Nomura to Buy, Nomura said. $60 price target. Paypal can continue to drive growth over the coming quarters.

Edison ( EIX) upgraded at Morgan Stanley to Overweight, Morgan Stanley said. $52.50 price target. Company has multiple potential near-term catalysts.

H&E Equipment Services ( HEES) downgraded to hold at TheStreet Ratings.

MetroPCS ( PCS) downgraded at Nomura to Reduce, Nomura said. $10.50 price target. Merger does not fix the company's marketing and branding issues.

Polycom ( PLCM) downgraded at UBS to Neutral from Buy, UBS said. $10 price target. Uncertainty around transition.

SBA Communications ( SBAC) upgraded at Citigroup to Buy from Neutral, Citigroup said. $74 price target. Favorable demand data points.

Thor Industries ( THO) upgraded at Wedbush from Neutral to Outperform, Wedbush said. $46 price target. Dealer feedback suggests higher customer optimism and confidence.

Tripadvisor ( TRIP) rated new Buy at Needham. $38 price target. Company is facing easier comps and is leveraged to a strengthening global economy.


EMC ( EMC) target raised at Lazard to $30, according to Lazard. New products should continue to drive growth. Buy rating.

FEI ( FEIC) estimates, target raised at BofA/Merrill. Shares of FEIC now seen reaching $58, according to Bank of America/Merrill Lynch said. Estimates also increased, as the company is realizing higher margins. Buy rating.

Hewlett-Packard ( HPQ) numbers cut at Sterne Agee. HPQ estimates were reduced through 2014, Sterne Agee said. Company slashed its guidance at the analyst meeting. Buy rating and new $21 price target.

Murphy Oil ( MUR) target raised at UBS to $62, UBS said. Valuation support from shareholder activism. Neutral rating.

Panera Bread ( PNRA) numbers increased at Keybanc. PNRA estimates were raised through 2013, Keybanc said. Sales momentum should continue into 2013. Buy rating and new $200 price target.

Research in Motion ( RIMM) estimates cut at JP Morgan through 2014, JP Morgan said. Weaker outlook for Blackberry 7 sales.

Sarepta ( SRPT) estimates, target boosted at JMP. Shares of SRPT now seen reaching $50, according to JMP Securities. Estimates also upped, given the clinical efficacy of its muscular dystrophy drug. Outperform rating.

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This article was written by a staff member of TheStreet.