Analysts' Actions: ANF CAT KBH MGM P VMW

NEW YORK (TheStreet) -- CHANGE IN RATINGS:

Abercrombie & Fitch ( ANF) was upgraded at BMO Capital to outperform. $61 price target. Company's domestic outlook is improving, BMO Capital said.

Caterpillar ( CAT) was upgraded at BMO Capital from market perform to outperform. $130 price target. Worst news appears to be behind the company, BMO said.

Equinix ( EQIX) was downgraded at Citigroup to neutral from buy. $240 price target. Risk reward scenario has become more balanced, Citi said.

Fifth Third ( FITB) was upgraded at Wells Fargo from market perform to outperform. Company should see improving returns and deliver greater capital flexibility, Wells said.

Fortinet ( FTNT) was downgraded at Wunderlich from buy to hold. $22 price target. Company will likely face increased competition in the coming quarters, Wunderlich said.

Interxion Holding ( INXN) was downgraded at Citigroup to neutral from buy. $25 price target. Challenging business environment in Europe may restrain revenue growth prospects, Citi said.

KB Home ( KBH) was upgraded at Compass Point to buy. $20.50 price target. Company has addressed its liquidity concerns, Compass Point said.

Lennar ( LEN) was upgraded at Compass Point from neutral to buy. Valuation call, based on a $49.50 price target, Compass Point said.

MGM Resorts ( MGM) was downgraded at Deutsche Bank from buy to hold. Valuation call, based on a $13 price target, Deutsche Bank said.

Norwegian Cruise ( NCLH) was initiated with a buy rating at Stifel Nicolaus. $33 price target. Cruise industry should see multiple years of yield expansion, Stifel Nicolaus said.

NCR ( NCR) was downgraded at Compass Point from buy to neutral. $30 price target. Valuation call, as the stock has made a strong run since October, Compass Point said.

Pandora ( P) was downgraded at Wedbush from outperform to neutral. $11.50 price target. Company may see higher competition on royalty rates, Wedbush said.

PNC Financial ( PNC) was downgraded at Wells Fargo from outperform to market perform. Valuation call, Wells said.

Standard Pacific ( SPF) was upgraded at Compass Point from neutral to buy. $10.25 price target. Company is leveraged to key housing markets that are rebounding, Compass Point said.

Tyson Foods ( TSN) was upgraded at Bank of America/Merrill Lynch from underperform to buy. $27 price target. Company is leveraged to improved chicken and beef fundamentals, BofA/Merrill Lynch said.

VMWare ( VMW) was downgraded at MKM Partners to neutral. $77 price target. New product growth will likely decelerate in 2013, MKM Partners said.

VMWare was downgraded at Wunderlich to hold. $75 price target. Company materially lowered its near-term guidance, Wunderlich said.

VMWare was downgraded at Sterne Agee to neutral. $86 price target. Company lacks near-term catalysts, Sterne Agee said.

VMWare was downgraded at Morgan Stanley to equal-weight. Company is facing a lengthy transition period, Morgan Stanley said.

VMWare was downgraded at Piper Jaffray to neutral. $90 price target. Company offered disappointing revenue guidance, Piper Jaffray said.

STOCK COMMENTS / EPS CHANGES

Air Methods ( AIRM) target raised at Oppenheimer to $49, Oppenheimer said. Positioned to benefit from structural changes. Outperform rating.

Biogen Idec ( BIIB) numbers raised at Jefferies. Shares of BIIB now seen reaching $187, Jefferies said. Estimates also raised on strong 2013 outlook. Buy rating.

Caterpillar ( CAT) target raised at Jefferies to $95, Jefferies said. Orders have bottomed in 4Q. Hold rating.

Dunkin Brands ( DNKN) numbers raised at UBS. Shares of DNKN now seen reaching $41, UBS said. Estimates also increased on faster than expected acceleration of unit development. Buy rating.

Facebook ( FB) estimates, target boosted at Credit Suisse. Shares of FB now seen reaching $31, according to Credit Suisse. Estimates also upped, as the company is seeing better mobile monetization. Neutral rating.

Honeywell International ( HON) numbers raised at Oppenheimer. Shares of HON now seen reaching $80, Oppenheimer said. Estimates also raised on growing margins. Outperform rating.

Hershey Foods ( HSY) numbers raised at Citigroup. Shares of HSY now seen reaching $89, Citigroup said. Significant upside to consensus 2013 EPS exists.

Illumina ( ILMN) estimates, target cut at Credit Suisse. Shares of ILMN now seen reaching $59, according to Credit Suisse. Estimates also reduced, as the company lowered its guidance.

3M ( MMM) numbers raised at UBS. Shares of MMM now seen reaching $110, UBS said. Estimates also increased on solid 4Q organic growth. Buy rating.

Roper Industries ( ROP) numbers raised at Oppenheimer. Shares of ROP now seen reaching $130, Oppenheimer said. Estimates also raised on operating leverage. Outperform rating.

Seagate ( STX) estimates, target upped at BMO. STX estimates were boosted through 2014, BMO Capital said. Company is leveraged to a more stable pricing environment. Market Perform rating and new $35 price target.

Travelers ( TRV) numbers raised at UBS. Shares of TRV now seen reaching $85, UBS said. Estimates also increased as rate momentum should lead to improved ROE. Buy rating.

VMware ( VMW) numbers lowered at Jefferies. Shares of VMW now seen reaching $95, Jefferies said. Estimates also lowered on 2013 guidance fall. Hold rating.

Yahoo! ( YHOO) estimates, target raised at Credit Suisse.Shares of YHOO now seen reaching $21, according to Credit Suisse. Estimates also increased, as the company is seeing lower acquisition costs. Neutral rating.

Yahoo! numbers raised at Oppenheimer. Shares of YHOO now seen reaching $22, Oppenheimer said. Estimates also raised on solid 4Q results. Perform rating.

Zions Bancorporation ( ZION) numbers increased at Sterne Agee. ZION estimates were raised through 2014, Sterne Agee said. Company has healthy loan pipelines and can cut its cost of capital. Neutral rating and new $24 price target.

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