Ameren upgraded at Goldman
AEE was upgraded from Sell to Neutral, Goldman Sachs said. Company continues to cut costs. $32 price target.
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Amgen downgraded at Piper
AMGN was downgraded from Overweight to Neutral, Piper Jaffray said. $65 price target. Maturing brands are facing increased competition.
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Anadarko Petroleum target increased at UBS
APC price target increased to $102, UBS said. Positive Niobrara results. Buy rating.
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Bank of NY Mellon estimates increased at Morgan Stanley
BK estimates were raised through 2013, Morgan Stanley said. Company will be hurt by lower interest rates and volatile markets. Equal-weight rating and $26 price target.
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Brady downgraded at Baird
BRC was downgraded from Outperform to Neutral, Robert Baird said. $31 price target. Estimates also cut, given lower expected organic growth.
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Brocade target boosted at BMO
Shares of BRCD now seen reaching $5, according to BMO Capital. Expect that company to post solid quarterly results later this month. Market Perform rating.
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Centerpoint Energy rated new Equal-weight at Morgan Stanley
CNP was initiated with an Equal-weight rating, Morgan Stanley said. $22 price target. Company lacks near-term visibility.
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CMS Energy upgraded at BofA/Merrill
CMS was upgraded from Neutral to Buy, Bank of America/Merrill Lynch said. Company can deliver above-average earnings growth and has no significant equity needs. $23 price target.
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Colfax upgraded at UBS
CFX was upgraded from Neutral to Buy, UBS said. $43 price target. Expect substantial EPS/EBITDA growth post-Charter acquisition.
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Covance upgraded at Goldman
CVD was upgraded to Buy, Goldman Sachs said. Channel checks show more stable pre-clinical demand.
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Diamond Foods estimates, target lowered at Jefferies
Shares of DMND now seen reaching $46, according to Jefferies. Estimates also lowered as there is downward momentum. Buy rating.
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FedEx estimates, target raised at Citigroup
Shares of FDX now seen reaching $87, according to Citigroup. Estimates also increased as company has done a good job rationalizing capacity in its Express business. Buy rating.
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Fortinet rated new Buy at BofA/Merrill
Coverage of FTNT was started with a Buy rating, Bank of America/Merrill Lynch said. $30 price target. Company has superior technology and can continue to expand margins.
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Global Payments rated new Equal-weight at Evercore
GPN was initiated with an Equal-weight rating, Evercore Partners said. $52 price target. Growth should be limited in North America over the next several quarters.
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Great Plains cut from Conviction Buy List at Goldman
GXP was removed from the Conviction Buy list, according to Goldman Sachs. Company lacks near-term catalysts. Buy rating.
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HollyFrontier upgraded at Goldman
HFC was upgraded from Neutral to Buy, Goldman Sachs said. Stock has pulled back to an attractive level.
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JC Penney target boosted at Morgan Stanley
Shares of JCP now seen reaching $27, according to Morgan Stanley. Company is taking initial restructuring steps, but it may take several quarters to see progress. Underweight rating.
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Knight Transportation downgraded at Sterne Agee
KNX was downgraded to Underperform, Sterne Agee said. Valuation call, based on a $16 price target.
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Lowe's estimates raised at Jefferies
LOW estimates were raised through 2012, according to Jefferies. Company is poised to resume buybacks. Hold rating.
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Lowe's estimates, target upped at Morgan Stanley
LOW estimates were boosted through 2013, Morgan Stanley said. Company is realizing higher operating leverage. Underweight rating and new $22 price target.
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Lowe's estimates, target raised at UBS
Shares of LOW now seen reaching $27, according to UBS. Estimates also increased on attractive risk-reward. Buy rating.
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Marathon Oil downgraded at Goldman
MRO was downgraded to Neutral, Goldman Sachs said. Valuation call.
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McDermott International numbers lowered at Citigroup
Shares of MDR now seen reaching $15, according to Citigroup. Estimates also lowered on weaker guidance. Buy rating.
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NV Energy downgraded at BofA/Merrill
NVE was downgraded from Buy to Neutral, Bank of America/Merrill Lynch said. Valuation call, based on a $16 price target.
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Oneok upgraded at Morgan Stanley
OKE was upgraded from Equal-weight to Overweight, Morgan Stanley said. $93 price target. Company has attractive exposure to several potential growth areas.
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PerkinElmer upgraded at Leerink
PKI was upgraded from Market Perform to Outperform, Leerink Swann said. Company can expand margins in the coming quarters.
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Pioneer Natural added to Conviction Buy List at Goldman
PXD was placed on the Conviction Buy list, Goldman Sachs said. The company's growth is reaching an inflection point.
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Portland General downgraded at Goldman
POR was downgraded from Neutral to Sell, Goldman Sachs said. See risk to consensus analyst estimates. $23 price target.
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QEP Resources numbers lowered at Goldman
Shares of QEP now seen reaching $41, according to Goldman Sachs. Estimates also cut, given lower resource estimates. Neutral rating.
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QEP Resources estimates raised at Jefferies
QEP estimates were raised through 2012, Jefferies said. Red Wash play could be better than forecast. Buy rating.
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Reynolds American estimates raised at Morgan Stanley
RAI estimates were increased through 2013, Morgan Stanley said. Company is seeing higher pension earnings and buying back more stock.
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Seagate Technology downgraded at Deutsche
STX was downgraded from Buy to Hold, Deutsche Bank said. $20 price target. Valuation call, as the stock is up 48% over the past three months.
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Urban Outfitters target cut at Morgan Stanley
Shares of URBN now seen reaching $31, according to Morgan Stanley. Company is facing increased inventory concerns. Overweight rating.
Urban Outfitters estimates, target lowered at Oppenheimer
Shares of URBN now seen reaching $35, according to Jefferies. Persistent near-term challenges. Outperform rating.
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Urban Outfitters estimates lowered at UBS
URBN estimates lowered through 2013, UBS said. Navigating through product, inventory, and management changes. Maintain $25 price target and Neutral rating.
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Western Refining added to Conviction Buy List at Goldman
WNR was placed on the Conviction Buy list, according to Goldman Sachs. Company generates superior free cash flow and has 44% upside potential from current levels.
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WW Grainger numbers raised at Goldman
Shares of GWW now seen reaching $188, according to Goldman Sachs. Estimates also increased, given higher expected margins. Neutral rating.
