Analysts' Actions: AOL BLK MGM TSLA ICUI

TheStreet.com

NEW YORK (TheStreet) -- CHANGE IN RATINGS

American Water Works was upgraded to outperform from market perform, Wells Fargo said. $45 to $46 valuation range. Reasonable valuation prompts upgrade.

BlackRock shares were downgraded to neutral from buy as the good news in priced in currently, said Citigroup. Price target remains $285.

ICU Medical was downgraded to Hold from Buy, Benchmark said. $69 price target. Valuation call.

MGM was upgraded to buy from neutral, Sterne Agee said. $19 price target. Evidence for a true Strip recovery.

Tesla Motors was downgraded to neutral from buy, Goldman Sachs said. $61 price target. More balanced risk/reward.


Tumi shares were downgraded to neutral from buy based on limited upside to guidance and recent stock performance, said Citigroup. Price target remains $25.

Viasat was upgraded from perform to outperform, Oppenheimer said. $65 price target. Company is in the early stages of a multi-year growth plan.

STOCK COMMENTS/EPS CHANGES

AOL earnings estimates were increased on the first quarter beat, said UBS. The company is well positioned for top line growth and margin expansion.

Activision Blizzard numbers were boosted at Credit Suisse. Shares are now seen reaching $20, according to Credit Suisse. Estimates also upped, given the company's new guidance. Outperform rating.


Axiall target and estimates were reduced to reflect higher ethylene costs and slow PVC demand, said Citigroup. Price target goes to $60.

CenturyLink earnings estimates were increased as growth in strategic services are expected to lead to stable revenue growth in 2014, said UBS.

Walt Disney earnings estimates were increased on the recent earnings beat, said BTIG. Price target goes to $85.

Green Mountain numbers were raised at Keybanc. Shares are now seen reaching $80, according to Keybanc. Estimates also increased, given the company's new guidance and deal with Starbucks. Buy rating.

Monster Beverage earnings estimates were reduced on lower volumes and FX, said UBS. Price target goes to $66.

News Corp. numbers were raised at Wedbush. Shares are now seen reaching $35, Wedbush said. Estimates also incerased on strong quarterly report. Outperform rating.


Rackspace price target and estimates were reduced given significantly lower than expected guidance, said Canaccord Genuity. The company's product transition is taking longer than expected. Price target goes to $40.

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