Verizon was initiated with a neutral rating at Credit Suisse. Valuation call, based on a $52 price target, Credit Suisse said. US Steel ( INTU) was initiated with a market perform rating at BMO Capital. $19 price target. Company will be hurt by lower steel pricing, BMO Capital said.
STOCK COMMENTS / EPS CHANGES
Akamai ( AKAM) estimates, price target were raised at Oppenheimer. Shares are now seen reaching $60. Estimates were also increased, and better sales and productivity should drive margin growth, Oppenheimer said. Biogen Idec ( BIIB) was added to the US 1 List at Bank of America/Merrill Lynch. Risk/reward is positive ahead of the upcoming Tecfidera decision, BofA/Merrill said. $309 price target. Cummins ( CMI) numbers were raised at UBS. Earnings estimates were boosted to reflect better growth from market positions and new products, said UBS. Price target goes to $146.
Cummins estimates, price target were increased at BMO Capital through 2015. Distribution acquisitions should add to earnings, BMO Capital said. Outperform rating and new $146 price target. Ford ( F) estimates were raised at Citigroup. Estimates were raised to reflect confidence in Asia Pacific shares gains, said Citigroup. Price target is $20. Fairchild Semiconductor ( FCS) price target was raised at Citigroup to $18. Conviction on China and new products increases, said Citigroup. Factset ( FDS) numbers were raised at UBS. Earnings estimates were raised to reflect a lower tax rate, said UBS. Price target goes to $109. Joy Global ( JOY) was downgraded at Robert Baird to neutral from outperform. $55 price target. Mining downturn is not yet priced into the stock, Robert Baird said. Omega Healthcare ( OHI) estimates were increased at UBS. Earnings estimates were raised to reflect the sale-leaseback deal with Ark Holdings, said UBS. Price target is $28. Whirlpool ( WHR) was added to US 1 List at Bank of America/Merrill Lynch. Company has dominant market share and is leveraged to the housing market recovery, BofA/Merrill said. $175 price target. >To submit a news tip, email: firstname.lastname@example.org. Follow TheStreet on Twitter and become a fan on Facebook.