NEW YORK (TheStreet) -- TOP CHANGES
BlackBerry (BBRY) was downgraded at Societe Generale to sell from hold. Twelve-month price target is $6. Do not expect a near-term turnaround in operating results, Societe Generale said.
Citigroup (C) price target, EPS estimates were cut at UBS. Qualitative fail, but UBS said it expects the fail to be reversed in 12 months. Twelve-month price target is $60. Buy rating.
Other Ratings Changes
Ansys (ANSS) was upgraded at Wedbush to outperform from neutral. Twelve-month price target is $88. Stock has pulled back, but the software demand environment appears to be improving in North America and Europe, Wedbush said.
Big Lots (BIG) was upgraded to buy at TheStreet Ratings.
BankUnited (BKU) was upgraded at Morgan Stanley to overweight from equal-weight. Twelve-month price target is $39. Stock appears undervalued, given its growth potential, Morgan Stanley said.
Federated Investors (FII) was upgraded at Sterne Agee to neutral from underperform. Twelve-month price target is $35. Growth headwinds should end soon, Sterne Agee said.
Five Below (FIVE) was upgraded to hold at TheStreet Ratings.
Other Stock Comments / EPS Changes
Alexion (ALXN) estimates, price target were increased at Credit Suisse. Estimates were increased through 2016. Expect higher Soliris sales, Credit Suisse said. Neutral rating and new 12-month price target of $171.
BHP Billiton (BHP) price target, EPS estimates were lowered at Jefferies. Driven by new commodity price forecasts, Jefferies said. Twelve-month price target is $73. Buy rating.
International Game Technology (IGT) price target, earnings estimates were cut at UBS. Downside driven by product sales with market share pressure and decline in replacement sales, UBS said. Twelve-month price target is $15. Neutral rating.
International Game Technology numbers were cut at Credit Suisse. Twelve-month price target is now $12. Estimates were also reduced, given the company's new guidance, Credit Suisse said. Underperform rating.
PVH (PVH) was added to the Conviction Buy List at Goldman Sachs. Company is trading at a trough multiple and can boost forward earnings, Goldman said. Twelve-month price target is $160.
Qualcomm (QCOM) price target, EPS estimates were increased at Jefferies. Proliferation of LTE handsets outside the U.S. in the second half will stabilize pricing, Jefferies said. Twelve-month price target is $95. Buy rating.
Skyworks (SWKS) estimates, 12-month price target were raised at JMP Securities. Price target is now $46. Estimates were also increased, following positive channel checks, JMP Securities said. Outperform rating.