NEW YORK (
TheStreet) --
CHANGE IN RATINGS Analog Devices (
ADI) was downgraded to Neutral from Buy at Citigroup with a $45 price target. Downgrade to harvest outperformance.
Albermarle (
ALB) rated new Outperform at Robert Baird with a $72 price target. Company has a solid balance sheet and is expanding production capacity.
BE Aerospace (
BEAV) was initiated with an Outperform rating at JP Morgan with a $57 price target. Double-digit organic sales growth will help drive higher margins.
Burger King Worldwide (
BKW) was initiated with a Buy rating at Citigroup with a $20 price target. Company is poised for long-term turnaround.
Buffalo Wild Wings (
BWLD) was initiated with a Neutral rating at Citigroup with a $75 price target. Near term trends could continue to be soft.
Comerica (
CMA) was downgraded to Underperform at Keefe, Bruyette & Woods with a $28 price target. Company has an asset-sensitive business model and consensus earnings expectations appear too high.
Charles River (
CRL) was upgraded to Overweight at JP Morgan. Risk/reward appears more favorable at current levels.
Central Garden & Pet Company (
CENT) downgraded to hold at TheStreet Ratings.
Dresser-Rand (
DRC) was initiated with a Buy rating at Guggenheim with a $75 price target. Turbo compressors can drive near-term growth.
Darden (
DRI) was downgraded from Buy to Neutral at Goldman Sachs with a $49 price target. All three brands are showing same-store sales decline.
Brinker International (
EAT) was initiated with a Buy rating at Citigroup with a $38 price target. Near-term pressures well known, provides a solid growth opportunity.
Fortune Brands (
FBHS) coverage was initiated with a Neutral rating at JP Morgan. Valuation call, based on $30 price target.
Fifth Third (
FITB) upgraded at KBW to Outperform, Keefe, Bruyette & Woods said. New analyst has an $18 price target. Company can outperform its peers in the coming quarters.
WR Grace (
GRA) rated new Outperform at Baird. $82 price target. Company can expand margins and resume solid growth into 2014.
Huntington Bancshares (
HBAN) downgraded at KBW to Underperform, Keefe, Bruyette & Woods said. $6.25 price target. New analyst believes the company faces net interest margin pressure.
Linear Technology (
LLTC) downgraded at Citigroup to Sell from Neutral, Citigroup said. $32 price target. Lack of idiosyncratic drivers.
Lexmark (
LXK) downgraded at Deutsche to Sell, Deutsche Bank said. $18 price target. Valuation call, as the stock is up 35% since the end of August.
MHI Hospitality (
MDH) downgraded at TheStreet Ratings to sell.
Molycorp (
MCP) rated new Neutral at Baird. $10 price target. Need to see liquidity improve before investor sentiment follows suit.
M&T Bank (
MTB) upgraded at KBW to Outperform, Keefe, Bruyette & Woods said. $111 price target. Estimates also boosted, given higher expected margin growth.
Nabors Industries (
NBR) downgraded at Jefferies to Underperform from Hold, Jefferies said. $13 price target. Lack confidence of recovery in U.S. land.
Oil States (
OIS) rated new Buy at Guggenheim. $90 price target. Remote oil and gas properties are driving growth.
Tesoro (
TSO) upgraded at Credit Suisse from Neutral to Outperform, Credit Suisse said. $60 price target. BP Carson City deal should close and the stock has lagged its peers for too long.
Vera Bradley (
VRA) upgraded at Jefferies to Buy from Hold, Jefferies said. $35 price target. Expect top-line improvement.
Western Union (
WU) rated new Neutral at Guggenheim. $14.50 price target. Company could face price competition.
Yum Brands (
YUM) upgraded at Goldman from Neutral to Buy, Goldman Sachs said. $77 price target. China macro results should stabilize in the near term.
STOCK COMMENTS / EPS CHANGES
Delta Air Lines (
DAL) numbers raised at UBS. Shares of DAL now seen reaching $16, UBS said. Estimates also increased as outlook solid despite cost pressures.
Joy Global (
JOY) target raised at Jefferies to JOY now seen reaching $60, Jefferies said. Valuation remains supportive. Hold rating.
Pfizer (
PFE) numbers raised at JP Morgan. Shares of PFE now seen reaching $29, JP Morgan said. Estimates also raised on multi-billion-dollar opportunity for PD-991. Overweight rating.
Research in Motion (
RIMM) numbers raised at Jefferies. Shares of RIMM now seen reaching $13, Jefferies said. Estimates also raised on maturing smartphone volumes. Hold rating.
Boston Beer (
SAM) numbers raised at UBS. Shares of SAM now seen reaching $111, UBS said. Estimates also increased after guidance raised on strong depletions. Sell rating.
Visa (
V) target raised at Oppenheimer to $170, Oppenheimer said. Transition appears seamless. Outperform rating.
>To submit a news tip, email:
tips@thestreet.com.
READERS ALSO LIKE:
Follow
TheStreet on
Twitter and become a fan on
Facebook.
