NetSuite ( N) was upgraded at Lazard Capital Markets to buy from neutral. $85 price target. Increased sales capacity should support continued beat and raise scenarios, Lazard Capital Markets said. Penske ( PAG) was upgraded at Keybanc from hold to buy. $36 price target. Domestic auto demand appears to be increasing, Keybanc said. Synovus ( SNV) was downgraded at Bernstein Research from outperform to market perform. Valuation call, based on a $3 price target, Bernstein said. Verizon ( VZ) was upgraded at Canaccord Genuity to buy. $50 price target. Company can expand its wireless margins, Canaccord Genuity said. Walter Energy ( WLT) was upgraded at Dahlman Rose from hold to buy. $48 price target. Company is leveraged to better industry pricing, Dahlman Rose said. Exco Resources ( XCO) was downgraded at Keybanc from buy to hold. Natural gas prices will likely remain low, Keybanc said.
STOCK COMMENTS / EPS CHANGES
Apple ( AAPL) estimates, target reduced at FBR. Shares of AAPL now seen reaching $675, according to FBR Capital Markets. Estimates also cut, as the company may continue to face margin pressure. Outperform rating. Canadian National Railway ( CNI) numbers raised at Jefferies. Shares of CNI now seen reaching $84, Jefferies said. Estimates also raised on improved cost management. Underperform rating. Cree ( CREE) estimates, target raised at Lazard. Shares of CREE now seen reaching $47, according to Lazard Capital Markets. Estimates also increased, given higher lighting demand. Buy rating. Cree target raised at Oppenheimer to $42, Oppenheimer said. Another positive quarter in a tough environment. Outperform rating. General Electric ( GE) numbers raised at Oppenheimer. Shares of GE now seen reaching $25, Oppenheimer said. Estimates also raised on backlog support for 2013. Outperform rating. Google ( GOOG) target raised at Jefferies to $875, Jefferies said. Best positioned for opportunities in mobile. Buy rating. Google estimates, target lowered at BMO. Shares of GOOG now seen reaching $790, according to BMO Capital. Estimates also cut, given the secular decline in online ad pricing. Outperform rating. Google numbers raised at Oppenheimer. Shares of GOOG now seen reaching $765, Oppenheimer said. Estimates also raised on quarterly tax beat. Perform rating.