TW Telecom ( TWTC) was downgraded at Citigroup to neutral from buy. Valuation and a lack of meaningful improvement in enterprise purchases drive the call, Citi said. Price target is $30. Wolverine World Wide ( WWW) was downgraded at Keybanc to hold from buy. Valuation call, even though estimates are moving higher, Keybanc said. Yahoo! ( YHOO) was initiated with a buy rating at Citigroup. Rating based on cash-generation potential and valuation, Citigroup said. The price target is $30.
Apple ( AAPL) numbers were cut at Canaccord Genuity. Shares are now seen reaching $530. Estimates were also lowered due to slower high-end smartphone sales growth trends, Canaccord Genuity said. Buy rating. Cree ( CREE) estimates, price target were upped at Wedbush. Estimates were increased through 2014. Company is leveraged to positive industry momentum, Wedbush said. Outperform rating and new $78 price target. Kroger ( KR) price target and estimates were raised at Citigroup. Earnings estimates were raised based on accretion related to the merger with Harris Teeter, said Citigroup. Price target goes to $43. Nasdaq OMX ( NDAQ) estimates were reduced at Credit Suisse through 2015. Company is facing higher expenses, Credit Suisse said. Neutral rating and $28 price target. Nu Skin ( NUS) numbers were increased at DA Davidson. Estimates were raised through 2014. Company boosted its guidance, DA Davidson said. Buy rating and new $100 price target. PetSmart ( PETM) price target was raised at UBS to $79. Offers a nice offensive / defensive mix in an uncertain world, UBS said. Buy rating. Pioneer Natural Resources ( PXD) price target was raised at Citigroup to $190. Increased confidence in the potential associated with the Permian Basin assets, Citi said. Qualcomm ( QCOM) numbers were cut at Canaccord Genuity. Shares are now seen reaching $84. Estimates also lowered due to slower high-end smartphone sales growth trends, Canaccord Genuity said. Buy rating. Yahoo! estimates, price target were boosted at Needham. Shares are now seen reaching $28. Estimates were also increased, as the company will likely face a lower tax rate, Needham said. Buy rating. >To submit a news tip, email: firstname.lastname@example.org. Follow TheStreet on Twitter and become a fan on Facebook.