Affiliated Managers Group estimates, target lowered at Citigroup
Shares of AMG now seen reaching $107, according to Citigroup. Estimates also lowered as deals are on pause short term given stepped up market tumult. Buy rating.
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AFLAC target cut at UBS
AFL price target cut to $36, UBS said. Potential pressures due to European investment portfolio exposures. Neutral rating.
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Ameriprise Financial upgraded at Credit Suisse
AMP was upgraded from Neutral to Outperform, Credit Suisse said. Valuation call, based on a $60 price target.
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Bank of America numbers reduced at FBR
Shares of BAC now seen reaching $8, according to FBR Capital Markets. Estimates also cut, given the company's lingering mortgage liabilities. Market Perform rating.
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Best Buy estimates cut at Jefferies
BBY estimates lowered through 2011, Jefferies said. Potential for comp store sales to remain negative. Maintain $25 price target and Hold rating.
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Best Buy estimates raised at UBS
BBY estimates increased through 2013, UBS said. Share repurchases and high FCF yield provide some support. Maintain $26 price target and Neutral rating.
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CarMax target lowered at Think
KMX price target lowered to $31, ThinkEquity said. Remain cautious on economic headwinds and high used vehicle prices. Hold rating.
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Catalyst Health rated new Neutral at Goldman
Coverage of CHSI was started with a Neutral rating, Goldman Sachs said. Valuation call, based on a $60 price target.
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Cisco estimates increased at Sterne Agee
CSCO estimates raised through 2013, Sterne Agee said. Upbeat tone at analyst meeting relative to competitors. Maintain $25 price target and Buy rating.
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Citrix Systems target lowered at UBS
CTXS price target lowered to $61, UBS said. Heightened competitive and macro risks. Maintain Neutral rating.
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Concur Technologies estimates, target lowered at UBS
Shares of CNQR now seen reaching $42, according to UBS. No pick up in sight. Maintain Neutral rating.
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Core Laboratories downgraded at BofA Merrill
CLB was downgraded from Underperform to Buy, Bank of America Merrill Lynch said. $120 price target. Limited upside to near term estimates.
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Cracker Barrel estimates, target lowered at BofA Merrill
Shares of CBRL now seen reaching $37, according to Bank of America Merrill Lynch. Estimates also lowered as an especially challenging October quarter is expected.
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Cummins estimates, target trimmed at Sterne Agee
Shares of CMI now seen reaching $143, according to Sterne Agee. Estimates also lowered to account for seasonally slower 3Q. Maintain Buy rating.
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Denbury Resources downgraded at Sterne Agee
DNR was downgraded from Hold to Underperform, Sterne Agee said. Company will underperform its peers over the next 12 months.
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Delta Air Lines estimates raised at Evercore
DAL estimates raised through 2011 primarily on lower fuel costs, Evercore said. Maintain $8 price target and Underweight rating.
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Discover Financial Services estimates, target raised at Citigroup
Shares of DFS now seen reaching $28, according to Citigroup. Estimates also increased to reflect better credit trends. Hold rating.
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Discover Financial numbers raised at Goldman
Shares of DFS now seen reaching $29, according to Goldman Sachs. Estimates also increased, given lower expected credit losses. Neutral rating.
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El Paso Electric downgraded at Jefferies
EE was downgraded from Hold to Underperform, Jefferies said. $29 price target. Negative effects of recent Show-Cause order.
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EOG Resources downgraded at Sterne Agee
EOG was downgraded from Hold to Underperform, Sterne Agee said. Company will underperform its peers over the next 12 months.
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Hartford Financial upgraded at Credit Suisse
HIG was upgraded from Neutral to Outperform, Credit Suisse said. Company trades at a discount to its potential liquidation value. $27 price target.
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Intersil upgraded at Citigroup
ISIL was upgraded from Sell to Hold, Citigroup said. $11 price target. Company somewhat surprisingly lowered its 3Q sales outlook.
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Marsh & McLennan rated new Buy at Ticonderoga
MMC was initiated with a Buy rating, Ticonderoga Securities said. $34 price target. Company appears to be firing on all cylinders.
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MEMC Electronic estimates lowered at Jefferies
WFR estimates lowered through 2012, Jefferies said. Weak euro/dollar and lower demand. Underperform rating.
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Nordstrom downgraded at Goldman
JWN was downgraded from Buy to Neutral, Goldman Sachs said. Valuation call, based on a $50 price target.
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RadioShack estimates, target lowered at UBS
Shares of RSH now seen reaching $13, according to UBS. Estimates also lowered based on BBY results. Neutral rating.
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Sprint Nextel target cut at Goldman
Shares of S now seen reaching $4.50, according to Goldman Sachs. iPhone launch will weigh on near-term EBITDA margins.
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SunPower estimates, target cut at Jefferies
Shares of SPWRA now seen reaching $12, according to Jefferies. Estimates also lowered on euro/dollar weakness and lower demand. Hold rating.
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Xcel Energy rated new Buy at Jefferies
XEL was initiated with a Buy rating, Jefferies said. $27.50 price target. Company has less regulatory exposure.
