NEW YORK ( TheStreet) -- CHANGE IN RATINGSAgilent ( A) was downgraded at Goldman Sachs to neutral. $47 price target. Company lacks near-term catalysts, Goldman said. Allergan ( AGN) was downgraded at Wells Fargo to market perform. Restasis will likely soon face generic competition, Wells Fargo said. Bunge ( BG) was downgraded to hold at TheStreet Ratings. Coach ( COH) was downgraded at Lazard Capital Markets to neutral from buy. Company could face increased competition, Lazard Capital Markets said.
Diana Containerships ( DCIX) was downgraded to sell at TheStreet Ratings. Newell Rubbermaid ( NWL) was initiated with a neutral rating at Goldman Sachs. $27 price target. Valuation call, as the stock is up 70% from its 2011 lows, Goldman said. Waters ( WAT) was upgraded at Goldman Sachs to buy. $120 price target. Company is seeing better end-market demand, Goldman said.
Apple ( AAPL) estimates, price target were cut at Oppenheimer. Shares are now seen reaching $460. Estimates were reduced, given slower iPhone demand, Oppenheimer said. Outperform rating. Amazon ( AMZN) estimates were reduced at UBS. AMZN 2014 earnings estimates were cut given moderating sales trends in the retail business, said UBS. Blackberry ( BBRY) numbers were reduced at Citigroup. Earnings estimates were reduced as competition affects demand, said Citi. Price target is $10. Freeport McMoRan ( FCX) earnings estimates were adjusted at UBS to reflect production losses at Grasberg and a new oil and gas outlook, UBS said. Inergy ( NRGY) numbers were cut at UBS to reflect the dilution related to the CMLP deal, said UBS. Price target was reduced to $16.