Change in Ratings
BankUnited (BKU) was downgraded to Equal Weight at Barclays. Valuation call, based on a $39 price target.
Endurance (EIGI) was upgraded from Perform to Outperform at Oppenheimer. $19 price target. CTCT acquisition should have solid synergies and the company is attractively valued.
Emerson (EMR) was downgraded from Buy to Hold at Societe Generale. $52 price target. End-market headwinds will likely persist.
Evertec (EVTC) was downgraded from Buy to Hold at Deutsche Bank. $20 price target. Industry fundamentals are deteriorating.
Expedia (EXPE) upgraded at Oppenheimer from Perform to Outperform. $157 price target. HomeAway purchase should be highly accretive.
FireEye (FEYE) was downgraded to Market Perform at Wells Fargo. Company lowered its growth guidance.
FireEye was downgraded to Neutral at Bank of America/Merrill Lynch. $30 price target. Company is seeing growth decelerate.
Isis (ISIS) was upgraded to Overweight from Neutral at Piper Jaffray. $80 price target. Company's pipeline is making progress and the antisense platform should drive growth.
Kindred Healthcare (KND) was downgraded from Outperform to Market Perform at Wells Fargo. Company lacks clarity in its hospital segment.
Shopify (SHOP) was upgraded to Outperform at RBC Capital. $39 price target. Company is seeing better metrics across the board and is attractively valued.
Time Warner (TWX) was downgraded to Neutral at Bank of America/Merrill Lynch. $79 price target. Company cut guidance and lacks near-term catalysts.
United Natural (UNFI) downgraded at Piper Jaffray from Overweight to Neutral. $50 price target. Company is leveraged to slower growth at Whole Foods.
Westlake (WLK) was downgraded to Sector Perform at RBC Capital. $65 price target. Estimates also cut, given higher maintenance downtime.
Stock Comments / EPS Changes
Facebook (FB) estimates, target raised at JMP Securities. Shares now seen reaching $130. Estimates also increased, given the company's new guidance. Outperform rating.
Qualcomm (QCOM) estimates, target cut at Credit Suisse. Shares now seen reaching $73, according to Credit Suisse. Estimates also reduced, given the company's lower guidance. Outperform rating.
Whole Foods (WFM) numbers cut at Credit Suisse. Shares now seen reaching $27, according to Credit Suisse. Estimates also reduced, as the company is facing increased competition. Neutral rating.