Analysts' Actions: AAPL CIEN FFIV MTB SMG

TheStreet.com

NEW YORK (TheStreet) -- RATINGS CHANGES

Apple was upgraded to buy from outperform at CLSA. Twelve-month price target is $695. Earnings momentum poised to accelerate with 300 million-plus iPhone installed base upgrade cycle, CLSA said.

Altera was downgraded to hold at TheStreet Ratings.

Athlon Energy was upgraded at Miller Tabak to buy. Twelve-month price target is $50. Acquisitions should add to earnings, Miller Tabak said.

Ciena was upgraded at UBS to buy from neutral. Driven by strong optical product cycle, reasonable valuation and improved market position, UBS said. Twelve-month price target is $27.

HMS was upgraded at Oppenheimer to outperform from perform. Twelve-month price target is $20. Stock has completely discounted the risk associated with an RAC renewal, Oppenheimer said.

Microstrategy was upgraded at Deutsche Bank to buy from hold. Twelve-month price target is $150. Management communication and visibility are improving, Deutsche Bank said.

M&T Bank was upgraded at Deutsche Bank to buy from hold. Twelve-month price target is $136. Stock has lagged its peers and fears about the Hudson deal are overblown, Deutsche Bank said.

ServiceNow 12-month price target, EPS estimates were raised at UBS. Driven by huge billings growth with relatively little competition, UBS said. $70 price target and buy rating.

Scotts Miracle-Gro was upgraded at BMO Capital to outperform from market perform. Twelve-month price target is $67. Estimates were also increased following positive consumer surveys, BMO Capital said.

Siri XM Radio was downgraded to hold at TheStreet Ratings.

Xilinx was downgraded at Credit Suisse to neutral from outperform. Twelve-month price target is $50. Company may struggle to achieve guidance, Credit Suisse said.

Stock Comments / EPS Changes

Amphenol 12-month price target was raised at UBS. Driven by broad-based strength across several end markets, UBS said. Twelve-month price target is $96. Neutral rating.

Boeing estimates, 12-month price target were raised at J.P. Morgan. Price target is now $167. Estimates were also increased as the company is realizing higher margins, J.P. Morgan said. Overweight rating.

Dr Pepper Snapple price target was raised at UBS. Sales volume positive, but BCS volumes declined, UBS said. Twelve-month price target is $59. Neutral rating.

Brinker International 12-month price target was cut at Barclays. Negative comps as dining fundamentals remain challenged, Barclays said. $60 price target and overweight rating.

Facebook estimates, 12-month price target were increased at Oppenheimer. Estimates were raised through 2015. Company is seeing higher ad monetization and gross margins, Oppenheimer said. Outperform rating and new 12-month price target of $79.

Facebook 12-month price target, EPS estimates were increased at Jefferies. Driven by accelerating revenue and soaring mobile ad business, Jefferies said. Twelve-month price target is $85. Buy rating.

F5 Networks 12-month price target was raised at UBS. Gaining traction in adjacent markets and better growth profile overall, UBS said. Twelve-month price target is $112. Neutral rating.

Fortinet 12-month price target was raised at Jefferies. Driven by growth reacceleration with outperformance in service provider sales and traction with enterprise large deal flow, Jefferies said. $26 price target and Buy rating.

Johnson Controls was cut from the Priority Stock List at Wells Fargo. Company has less earnings-upside potential, Wells Fargo said.

LPL Financial Holdings 12-month price target was cut at UBS. Company missed on revenue with marginally higher expenses, UBS said. Twelve-month price target is $53. Neutral rating.

Procter & Gamble 12-month price target, EPS estimates were increased at UBS. Driven by strong execution on productivity plans, UBS said. Twelve-month price target is $84. Neutral rating.

Texas Instruments numbers were boosted at Sterne Agee. Twelve-month price target is now $44. Estimates were also increased, given the company's new guidance, Sterne Agee said. Underperform rating.

Yum! Brands 12-month price target, EPS estimates were raised at Jefferies. China business is solid for fiscal 2014. $75 price target and hold rating.

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