Analysts' Actions: ARUN HESS MMS OXY RKUS


Alliance Bankshares ( ABVA) was upgraded to hold at TheStreet Ratings.

Aruba Networks ( ARUN) was initiated at Oppenheimer with an outperform rating. $25 price target. Several positive trends supporting revenue growth, Oppenheimer said.

Aruba Networks was initiated with a neutral rating at JP Morgan. $21 price target. Consensus estimates are fair.

Commtouch Software ( CTCH) was upgraded to buy at TheStreet Ratings.

Occidental Petroleum ( OXY) was initiated at Dahlman Rose with a buy rating. $86 price target. Following recent underperformance, risk/reward is attractive, Dahlman Rose said.

Hess Corp ( HES) was initiated with a hold rating at Dahlman Rose. $56 price target. Flat near-term production growth, Dahlman Rose said.

Maximus ( MMS) was initiated with a buy rating at Citigroup. $75 price target. Several near-term catalysts, Citi said.

Ruckus Wireless ( RKUS) was initiated with an outperform rating at Oppenheimer. $23 price target. Accelerating adoption of enterprise mobility, Oppenheimer said.

Ruckus Wireless was initiated with a hold rating at Deutsche Bank. $20 price target. Full valuation and increased competition, Deutsche said.


Adobe Systems ( ADBE) price target was raised at Jefferies. Creative cloud subscriber growth is accelerating, Jefferies said. Hold rating.

FedEx ( FDX) estimates were trimmed at Deutsche Bank through 2013. Impact of Sandy was offset by lower fuel costs, Deutsche said. Buy rating and $115 price target.

GrafTech International ( GTI) numbers were lowered at Oppenheimer. Shares are now seen reaching $11. Estimates were also lowered on steel uncertainty, Oppenheimer said. Outperform rating.

McDonald's ( MCD) estimates were cut at Credit Suisse through 2014. Credit Suisse said this reflected October/November comps and slightly weaker franchise margins. $100 price target and outperform rating.

AT&T ( T) estimates were trimmed at JP Morgan through 2013. Higher smartphone sales and subsidies, JP Morgan said. $36 price target and overweight rating.

Texas Instruments ( TXN) numbers were raised at Canaccord Genuity. Shares are now seen reaching $28. Company narrowed guidance, Canaccord said. Hold rating.

Texas Instruments estimates were trimmed at UBS through 2013. Fourth-quarter guidance update indicates stable, but weak business, UBS said. Neutral rating and $30 price target.

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This article was written by a staff member of TheStreet.