Analysts' Actions: CAT AMGN DNKN BTU COF

TheStreet.com

NEW YORK (TheStreet) -- CHANGE IN RATINGS

Access Midstream ACMP downgraded at UBS to Neutral from Buy, UBS said. $37 price target. Valuation call.

AMC Networks AMCX downgraded at JP Morgan from Overweight to Neutral, JP Morgan said. Valuation call, as the company lags near-term catalysts.

Amgen AMGN upgraded at Deutsche from Hold to Buy, Deutsche Bank said. $108 price target. Market is not yet pricing in the company's above-average growth.

Ariad Pharmaceuticals ARIA downgraded at Oppenheimer to Perform from Outperform, Oppenheimer said. Too early to call AP26113 winner.

Peabody Energy BTU downgraded at Goldman from Buy to Neutral, Goldman Sachs said. Valuation call, based on a $28 price target.

Check Point Software CHKP upgraded at JP Morgan from Neutral to Overweight, JP Morgan said. $50 price target. Investor expectations are low, but the company generates consistent cash flow.

Cleco CNL upgraded at Goldman to Buy, Goldman Sachs said. Company delivers above-average growth and should soon see a double-digit price hike.

Dunkin Brands DNKN rated new Hold at Miller Tabak. Valuation call, based on a $34 price target.

Duke Energy DUK upgraded at JP Morgan from Underweight to Overweight, JP Morgan said. New analyst has a $71 price target. Company is facing favorable regulations and pays an above-average dividend.

Edison EIX downgraded at Goldman from Buy to Neutral, Goldman Sachs said. Valuation call, as the stock has outperformed its peers by 11% year-to-date.

Microstrategy MSTR downgraded at BMO from Outperform to Market Perform, BMO Capital said. $130 price target. Company is seeing slower core business growth and recently announced some management changes.

NetApp NTAP downgraded at Baird from Outperform to Neutral, Robert Baird said. $30 price target. Company is facing increased competition from EMC and others.

Northwest Bancshares NWBI downgraded at Sterne to Neutral, Sterne Agee said. Valuation call, as the stock has outperformed its peers in recent years.

Omega Healthcare Investors OHI downgraded at Jefferies to Hold from Buy, Jefferies said. Fiscal cliff looms.

Parker Hannifin PH downgraded at Argus from Buy to Hold, Argus said. Company faces growth headwinds in the near term.

Pinnacle West PNW downgraded at Goldman from Neutral to Sell, Goldman Sachs said. $52 price target. Company has below-average earnings and dividend growth.

Ventas VTR downgraded at Jefferies to Hold from Buy, Jefferies said. $66 price target. Fiscal cliff looms.

STOCK COMMENTS / EPS CHANGES

Apache APA estimates, target cut at Guggenheim. Shares of APA now seen reaching $111, according to Guggenheim. Estimates also reduced, given increased fleet downtime. Buy rating.

Baker Hughes BHI estimates cut at Dahlman through 2013, Dahlman Rose said. Company is leveraged to slower growth in North America. Buy rating and $50 price target.

Peabody Energy BTU numbers raised at Citigroup. Shares of BTU now seen reaching $33, Citigroup said. Estimates also increased on improving cost and capex management. Buy rating.

Peabody Energy numbers boosted at Credit Suisse. Shares of BTU now seen reaching $33, according to Credit Suisse. Estimates also upped, as the company continues to execute well. Outperform rating.

Caterpillar CAT estimates, target cut at Credit Suisse. Shares of CAT now seen reaching $108, according to Credit Suisse. Estimates also reduced, given the company's new guidance. Outperform rating.

Capital One COF numbers raised at Guggenheim. Shares of COF now seen reaching $72, according to Guggenheim. Estimates also increased, as the company is realizing higher margins. Buy rating.

Cognizant Technology CTSH target raised at Oppenhiemer to $80, Oppenheimer said. Raising target ahead of quarterly results. Outperform rating.

Freeport-McMoRan FCX numbers cut at UBS. Shares of FCX now seen reaching $47, UBS said. Estimates also lowered as Grasberg guidance marginally lower. Buy rating.

Freeport-McMoran numbers reduced at JP Morgan. Shares of FCX now seen reaching $63, according to JP Morgan. Estimates also cut, given lower realized gold volumes. Overweight rating.

Forest Laboratories FRX numbers cut at Morgan Stanley. FRX estimates were reduced through 2013, Morgan Stanley said. Company is seeing slower sales growth. Equal-weight rating and new $35 price target.

Health Management HMA numbers lowered at Credit Suisse. Shares of HMA now seen reaching $10, according to Credit Suisse. Estimates also cut, given weaker volumes and rising costs. Outperform rating.

Monster Beverage MNST cut from Conviction Buy List at Goldman. MNST was removed from the Conviction Buy list, according to Goldman Sachs. $62 price target. Stock will likely be range-bound, given regulatory and legal concerns.

Monster Beverage target cut at Citigroup to $50, Citigroup said. Stock falls on fatality report. Neutral rating.

SunTrust Banks STI numbers lowered at Jefferies. Shares of STI now seen reaching $32, Jefferies said. Estimates also lowered on deleveraging weighing on NII. Buy rating.

Schlumberger SLB estimates reduced at Dahlman through 2013, Dahlman Rose said. North American land business continues to deteriorate. Buy rating and $92 price target.

Suntrust STI estimates, target cut at Credit Suisse. STI estimates were reduced through 2013, Credit Suisse said. Company is not cutting costs fast enough to keep up with lower sales. Outperform rating and new $33 price target.

Western Digital WDC numbers cut at JP Morgan. WDC estimates were reduced through 2014, JP Morgan said. Company lowered its guidance, given slower PC growth. Neutral rating and new $38 price target.

Zions Bancorporation ZION numbers raised at UBS. Shares of ZION now seen reaching $21.50, UBS said. Estimates also increased on mitigating margin headwinds. Neutral rating.

>To submit a news tip, email: tips@thestreet.com.

READERS ALSO LIKE:


Follow TheStreet on Twitter and become a fan on Facebook.

EXCLUSIVE limited time offer: Trade alongside Jim Cramer FREE for 14 Days!

Rates

View Comments (0)

Recommended for You

  • Tycoon buys 30 Rolls-Royces for Macau hotel

    A Hong Kong tycoon has placed the biggest ever order for Rolls-Royce cars, agreeing to buy 30 Phantoms to chauffeur guests at a luxury resort he's building in the global gambling capital of Macau. Stephen Hung's $20 million purchase surpasses the 14 Phantoms bought by Hong Kong's Peninsula Hotel in…

    Associated Press
  • Enjoy this refreshing Triple Play offer!

    Get FIOS TV Mundo starting at $79.99/mo. w/ no annual contract + 2-yr. price guarantee. Or sign for 2 yrs. & get a $300 prepaid Visa. Click here.

    AdChoicesVerizon FiOS ®Sponsored
  • Before You Buy Alibaba, Check Out 4 Top China Stocks

    Before You Buy Alibaba, Check Out 4 Top China Stocks While investors gear up for Alibaba Group 's (BABA) hotly anticipated initial public offering, don't forget about other Chinese stocks that are worth keeping an eye on. Today's Young Guns Screen of

    Investor's Business Daily
  • Tycoon's arrest sends shock wave through Russia

    Tycoon's arrest sends shock wave through Russia MOSCOW (AP) — The arrest of a Russian telecoms and oil tycoon has sent shock waves through the country's business community, with some fearing a return to the dark days of a decade ago, when the Kremlin asserted its power by imprisoning the country's…

    Associated Press
  • As Fed takes baby steps, Cramer's trick for profit

    In turn, Cramer says making money in the market, involves looking at the environment through the lens of the Fed. "The trick is to remember that they speak for the common person," Cramer said. "The Fed wants the common person to make money." With that backdrop always in mind, Cramer says it becomes…

    CNBC
  • "The Retiree Next Door": How successful retirees stretch their savings

    "The Retiree Next Door": How successful retirees stretch their savingsBy the time she hit her late 40s, Toni Eugenia wasn’t sure she would ever be able to retire. Eugenia, 56, a pharmacy technician who lived in Houston, was nearly $200,000 in debt and

    Yahoo Finance
  • Play

    Citi, Bank of America Offer Discounted Mortgages

    Citigroup and Bank of America will offer mortgages at discounted interest rates to help borrowers with low incomes or subprime credit. AnnaMaria Andriotis joins MoneyBeat. Photo: Getty.

    WSJ Live
  • Costco Stores in Canada to Stop Taking American Express

    “The credit card relationship between American Express and Costco Wholesale Canada will not be renewed when it expires” on Dec. 31, the company said today in an e-mail to Canadian customers. The message was attributed to Lorelle Gilpin, vice president of marketing and membership for Costco…

    Bloomberg
  • 1 Tip To Lose Belly Fat

    It's Hollywood's Hottest Diet And Gets Rid Of Stubborn Fat Areas Like Nothing Else.

    AdChoicesagoodcooksSponsored
  • CNBC Anchor Calls Out Fed-Hater Bill Fleckenstein In Startling Shouting Match

    CNBC Bill Fleckenstein of Fleckenstein Capital appeared on CNBC's Futures Now program on Tuesday. Futures Now host Jackie DeAngelis came out swinging, asking Fleckenstein right at the top if he was willing to admit that he had misunderstood monetary policy. Sounding taken aback, Fleckenstein…

    Business Insider
  • Beanie Babies creator's sentence debated in court

    Beanie Babies creator's sentence debated in court CHICAGO (AP) — Federal prosecutors seeking to put the billionaire creator of Beanie Babies in prison for hiding millions in Swiss bank accounts told appellate court judges Wednesday that the toymaker's sentence of probation threatens to erode the…

    Associated Press
  • Apple to unveil new iPads, operating system on Oct. 21 : report

    The company plans to unveil the sixth generation of its iPad and the third edition of the iPad mini, as well as its operating system OS X Yosemite, which has undergone a complete visual overhaul, the Internet news website said. Trudy Muller, a spokeswoman for Apple, declined to comment. The iPad is…

    Reuters
  • Gilead Stock Is Falling On These Drug Setbacks

    Gilead Stock Is Falling On These Drug Setbacks Gilead Sciences (GILD) shares are backsliding Wednesday on news that the patient drop-out rate for hepatitis C drug Sovaldi is quadruple that of clinical trials. In addition, the biotech's Phase 2 study results

    Investor's Business Daily
  • Margaritaville casino owners seek bankruptcy

    The owner of Biloxi's Margaritaville casino has filed for Chapter 11 bankruptcy protection Tuesday, only hours before a hearing where the landlord aimed to seize the property. The filing by MVB Holding LLC in U.S. Don Dornan, a lawyer for landlord Clay Point LLC, said the company had planned to ask…

    Associated Press
  • Don't care about Alibaba? Here's why it may matter

    When the Alibaba Group Holding prices its initial public offering Thursday, small businesses in particular will be watching. Founder Jack Ma -the former English-teacher-turned-dot-com billionaire-has touted his e-commerce platform as a way for smaller merchants to expand their international…

    CNBC
  • Master's Degree in Nursing

    CCNE accredited MS in nursing in as few as 18 months online. Learn more today!

    AdChoicesNorwich UniversitySponsored
  • Here's What Mark Cuban Wishes He Knew About Money In His 20s

    Cuban is the owner of the Dallas Mavericks basketball team. Billionaire investor and entrepreneur Mark Cuban is generous with his advice. When we asked him what he wishes he'd known about money in his 20s, he said:

    Business Insider
  • Embraer to sell 50 E-175 jets to Republic in $2.1 billion deal

    Brazil's Embraer SA, the world's third largest commercial planemaker, said on Wednesday it booked a firm order from U.S. The deal, which will be included in Embraer's order book for the third quarter, is valued at $2.1 billion, the planemaker said in a securities filing. The planes will be operated…

    Reuters
  • SHOE COMPANY: Our CEO Just Disappeared And Most Of The Money Is Gone

    "and like that: he's gone." This is an actual headline from a company press release: "CEO and COO disappeared, most of the company's cash missing." (Via FastFT) In a statement, German-based shoe company Ultrasonic said its CFO,  Chi Kwong Clifford Chan, has been unable to reach the company's CEO,…

    Business Insider
  • Play

    Tues., Sept. 16: Watch Humana Stock

    Humana, Global X Social Media Index ETF and Majesco Entertainment are among stocks to watch. WSJ's Chris Dieterich discusses the details with Michael Casey. Photo: Humana

    WSJ Live
  • Top Analyst Upgrades and Downgrades: AEP, BHP, GE, Incyte, 3M, Tyco, Under Armour and More

    Top Analyst Upgrades and Downgrades: AEP, BHP, GE, Incyte, 3M, Tyco, Under Armour and More Stocks were firm on Wednesday morning ahead of the FOMC meeting outcome. Tuesday’s rally may have sparked higher interest again, and investors are looking for bargains

    24/7 Wall St.
  • 10 rock-solid stocks for conservative investors

    10 rock-solid stocks for conservative investors Shares with low volatility can beat their indexes with less risk Bloomberg News/Landov U.S. Bancorp is the cheapest S&P 500 stock

    MarketWatch
  • Billionaire Investor Says Chinese People Work Harder And Western Companies Could Face Deep Trouble After Alibaba IPO

    Michael Moritz, the chairman of VC firm Sequoia Capital, is a huge fan of Chinese internet companies and reiterated his enthusiasm for the Chinese market in an interview with The Wall Street Journal Wednesday. The billionaire investor described the Alibaba IPO as a “major landmark event” that is as…

    Business Insider