Analysts' Actions: HAS NDLS NFLX PNC YHOO


Allegheny Technologies ( ATI) was downgraded at Topeka Capital to hold from buy. $20 price target. Recent channel checks suggest that consensus estimates remain too high, Topeka Capital said.

Baker Hughes ( BHI) was upgraded at Cowen to outperform from market perform. $57 price target. Operating results surpassed expectations in the eastern hemisphere, Cowen said.

Annie's ( BNNY) was downgraded at J.P. Morgan to neutral. The stock seems fully valued in an increasingly competitive market, said J.P. Morgan. Price target: $44. Future EPS and revenue estimates were lowered as BNNY's competitors are primed to overtake market share, J.P. Morgan said.

Coty ( COTY) was initiated with a buy rating at Deutsche Bank. $20 price target. Company is well-positioned to capture growth, Deutsche Bank said.

New Oriental Education & Technology ( EDU) was upgraded to buy at TheStreet Ratings.

Hasbro ( HAS) was upgraded at Needham to buy from hold. $52 price target. Quarter showed more positive surprises, Needham said.

Isis Pharmaceuticals ( ISIS) was downgraded at Piper Jaffray to underweight. Valuation call, based on a $20 price target, Piper Jaffray said.

JDS Uniphase ( JDSU) was downgraded at MKM Partners to neutral from buy. Valuation call, based on a $15 price target, MKM Partners said.

Noodles ( NDLS) was initiated with a neutral rating and $46 price target at UBS. Despite its growth opportunity, valuation is rich, UBS said.

Noodles was initiated with an equal-weight rating at Morgan Stanley. Strong fundamentals and growth opportunities, Morgan Stanley said. Experienced management, significant cash production and strong per-franchise sales suggest large upside to this fast-noodle provider, Morgan Stanley said.

Netflix ( NFLX) was downgraded at Cantor Fitzgerald to hold from buy. $260 price target. Stock has had a meteoric rise, Cantor said.

PNC Financial ( PNC) was downgraded at Sterne Agee to neutral from buy. Stock has made a strong surge in recent weeks, Sterne Agee said.

Sally Beauty ( SBH) was downgraded at Sterne Agee to neutral from buy. Valuation call, based on a $31 price target, Sterne Agee said.

United Financial Bancorp ( UBNK) was downgraded to hold at TheStreet Ratings.

Yahoo! ( YHOO) was downgraded at Needham to hold from buy. Fair value is at $29, Needham said.

Zions Bancorporation ( ZION) was downgraded at DA Davidson to neutral. $32 price target. Loan portfolio will likely continue to price lower, DA Davidson said.

Stock Comments/EPS Changes

Halliburton ( HAL) estimates were raised at UBS. Strong international outlook and improving North American margins, said UBS. Price target is $53.

Hershey ( HSY) was added to Citigroup's Top Picks Live! list. Increased marketing spend is driving market share gains, Citigroup said. Price target goes to $110.

Illumina ( ILMN) price target was raised at UBS to $90. Increased confidence in company catalysts and competitive dynamics, said UBS.

Lennox ( LII) numbers were raised at UBS. Earnings estimates were increased given the strength of its residential business, said UBS. Price target goes to $72.

Netflix estimates, price target were raised at Oppenheimer. Shares are now seen reaching $259, according to Oppenheimer. Estimates were also increased, given higher domestic margins and international momentum, Oppenheimer said. Perform rating.

Texas Instruments ( TXN) numbers were raised at UBS. Earnings estimates were increased on solid outlook for trends in industrial, auto and infrastructure, said UBS. Price target goes to $38.

Vivus ( VVUS) was cut from US 1 List at Bank of America/Merrill Lynch. An inflection in Qsymia prescriptions could take time. BofA/Merrill said. $22 price target.

W.R. Berkley ( WRB) estimates were reduced at UBS. Earnings estimates were reduced based on lower investment yield assumptions, said UBS. Price target is $48.

Zions Bancorporation estimates were cut at Citigroup. Earnings estimates were cut on higher expenses and lower forecasted NIM, said Citigroup. Price target is $35.

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This article was written by a staff member of TheStreet.