Stock Comments / EPS Changes
Atwood Oceanics (ATW) 12-month price target was lowered at Barclays to $69. Driven by lower dayrate expectations, Barclays said.
Quest Diagnostics (DGX) numbers were boosted at Credit Suisse. Twelve-month price target is now $62. Estimates were also increased given better reimbursement trends and the Solstas purchase, Credit Suisse said. Neutral rating.
International Paper (IP) 12-month price target was cut at Barclays to $54. Increased cost inputs and interrupted production, Barclays said.
JPMorgan Chase (JPM) 12-month price target was cut to $63 at UBS. EPS momentum is not robust, but company is well-capitalized and well-positioned for improving economic conditions, UBS said. Buy rating.
Wells Fargo (WFC) price target, EPS estimates were increased at UBS. First-quarter EPS beat consensus, and company is expected to remain profitable in the mortgage business, UBS said. Twelve-month price target is $50. Neutral rating.
Wells Fargo numbers were raised at Sterne Agee. Twelve-month price target is now $51. Estimates were also increased, Company continues to see healthy deposit flows and lower expenses, Sterne Agee said. Neutral rating.