Viacom ( VIA) ( VIA.B) was initiated with a buy rating at Sterne Agee. $76.50 price target. The cheapest large-cap media stock in the group, Sterne Agee said.
STOCK COMMENTS/EPS CHANGESBoston Scientific ( BSX) price target was raised at Deutsche Bank to $9 due to recent positive data on pipeline products, said Deutsche Bank. Edwards Lifesciences ( EW) price target was reduced at Deutsche Bank to $75. Continued uptake concerns, said Deutsche Bank.
IAC/InterActiveCorp ( IACI) price target was raised at Benchmark to $63. Concerns over the affiliate search space fade, warranting multiple expansion, said Benchmark. Earnings estimates were also adjusted. Mondelez International ( MDLZ) estimates were reduced at Jefferies. Near-term growth is limited due to spinoff-related issues and slower emerging-market growth, said Jefferies. Pacific Drilling ( PACD) estimates were reduced at Deutsche Bank for 2013. Downtime on the Pacific Mistral in the second quarter, said Deutsche Bank. Sirona Dental Systems ( SIRO) estimates were reduced at Cantor Fitzgerald. Reflect cautious margin outlook and slightly higher tax rate, said Cantor Fitzgerald.
Safeway price target was raised at Deutsche Bank to $27. Follows announcement of the sale of Safeway's Canadian operations, said Deutsche Bank. Exelis TICKER TYPE="EQUITY" SYMBOL="XLS"/> price target was raised at Jefferies to $17. Revenue visibility is improving, and pension liability is reduced, said Jefferies. >To submit a news tip, email: firstname.lastname@example.org. Follow TheStreet on Twitter and become a fan on Facebook.