Ford ( F) downgraded to hold at TheStreet.com. Greif ( GEF) was downgraded at Wells Fargo from outperform to market perform. Company is leveraged to a weaker macro environment, Wells Fargo said. Intel ( INTC) was downgraded at UBS to neutral from buy. $21.50 price target. CEO transition raises uncertainty, UBS said. Joy Global ( JOYG) was upgraded at BMO Capital from underperform to market perform. $64 price target. Valuation call, as the stock is down 45% from its highs, BMO said. Merck ( MRK) was upgraded at MKM Partners from neutral to buy. $51 price target. Company has a robust clinical pipeline, MKM said. Palo Alto ( PANW) was initiated with a neutral rating at Nomura. Valuation call, based on a $60 price target, Nomura said.
Pentair ( PNR) was upgraded at Robert Baird from neutral to outperform. $60 price target. Management should be able to achieve long-term earnings targets, Baird said. Research In Motion ( RIMM) was upgraded at Jefferies to hold from underperform. $10 price target. Strong BB10 carrier support, Jefferies said. Realogy ( RLGY) was initiated with a neutral rating at Goldman. $34 price target. See limited upside to near-term EBITDA estimates, Goldman said. Realogy was initiated with a buy rating at BofA/Merrill. $41 price target. Company can realize higher operating leverage, BofA/Merrill said.
SVB Financial Group ( SIVB) upgraded at Citigroup to Buy from Neutral, Citigroup said. $63 price target. Has sold off in sympathy with other regionals. Tyson Foods ( TSN) upgraded at DA Davidson from Neutral to Buy, DA Davidson said. $25 price target. Estimates also boosted, as the company is realizing higher margins. UnitedHealth ( UNH) rated new Buy at Lazard, $70 price target. Company is a market leader focused on managing care. Whole Foods ( WFM) upgraded at Goldman from Neutral to Buy, Goldman Sachs said. $106 price target. Company can expand margins as it continues to attract new shoppers.
STOCK COMMENTS / EPS CHANGESAgilent Technologies ( A) numbers cut at Citigroup. Shares of A now seen reaching $43, Citigroup said. Estimates also lowered on weaker than expected guidance. Buy rating. Agilent Technologies numbers lowered at Jefferies. Shares of A now seen reaching $51, Jefferies said. Estimates also lowered on possible departure from operating model. Buy rating. Lowe's ( LOW) estimates, target boosted at Nomura. Shares of LOW now seen reaching $40, according to Nomura. Estimates also upped, as the company is seeing better sales and margins. Buy rating. Lowe's numbers raised at UBS. Shares of LOW now seen reaching $39, UBS said. Estimates also raised as 3Q was a step in the right direction. NCR ( NCR) added to Focus List at JP Morgan. Estimates also boosted, as the company is expanding its product offerings. News Corp. ( NWSA) numbers raised at Credit Suisse. Shares of NWSA now seen reaching $28, according to Credit Suisse. Estimates also increased, as the Consolidated Media purchase should add to earnings. Neutral rating. Urban Outfitters ( URBN) numbers raised at Nomura. Shares of URBN now seen reaching $35, according to Nomura. Company is making good progress at Anthropologie. Neutral rating. Urban Outfitters numbers raised at Jefferies. Shares of URBN now seen reaching $25, Jefferies said. Estimates also raised on domestic growth. Underperform rating. >To submit a news tip, email: firstname.lastname@example.org.
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