Analysts' Actions: CHKP FTNT RAH SHW VNO

TheStreet.com

NEW YORK (TheStreet) -- CHANGE IN RATINGS

Check Point CHKP was initiated with a market perform rating at BMO Capital. $48 price target. Company has limited near-term visibility, BMO said.

Centurylink CTL was downgraded at Piper Jaffray from overweight to neutral. $42 price target. RLEC's are facing increased competition and could be less attractive with higher dividend tax rates, Piper Jaffray said.

Dycom Industries DY was upgraded to buy at TheStreet Ratings.

Ensco ESV was downgraded at Deutsche Bank from buy to hold. $58 price target. Capacity is growing in the offshore market, Deutsche Bank said.

Five Below FIVE was initiated with a buy rating at Guggenheim. $37 price target. Company can expand margins and deliver 30% annual earnings growth over the next few years, Guggenheim said.

Fortinet FTNT was upgraded at Oppenheimer to outperform from perform. $24 price target. Solid trends and market leadership, Oppenheimer said.

Nabors NBR was upgraded at Deutsche Bank from hold to buy. $28 price target. Company has attractive natural gas exposure, Deutsche said.

Patterson-UTI PTEN was upgraded at Deutsche Bank from hold to buy. $28 price target. Company is leveraged to improving natural gas fundamentals, Deutsche said.

Ralcorp Holdings RAH was downgraded at UBS to neutral from buy. $90 price target. Company to be acquired by ConAgra, UBS said.

Rowan RDC was downgraded at Deutsche Bank from buy to hold. $32 price target. Industry could see margin compression, Deutsche said.

Shanda Interactive GAME was upgraded to hold by TheStreet Ratings.

Sherwin-Williams SHW was downgraded at Nomura from buy to neutral. Valuation call, based on a $170 price target, Nomura said.

Vornado Realty Trust VNO was upgraded at Citigroup to buy from neutral. $85 price target. Story poised to improve and valuation overly discounted, Citi said.

Workday WDAY was initiated with a neutral rating at Piper Jaffray. Valuation call, based on a $49 price target, Piper Jaffray said.

Windstream WIN was downgraded at Piper Jaffray from neutral to underweight. $6.50 price target. Company lowered guidance, and the dividend remains at risk, Piper Jaffray said.

STOCK COMMENTS / EPS CHANGES

Analog Devices ADI numbers were raised at UBS. Shares are now seen reaching $41. Estimates were also raised at solid P&L discipline amidst uncertainty, UBS said Neutral rating.

ConAgra CAG numbers were raised at Citigroup. Shares are now seen reaching $34. Estimates were also increased following transaction with RAH, Citi said. Buy rating.

Conagra estimates, price target were raised at Credit Suisse. Shares are now seen reaching $32. Estimates were also increased, as the Ralcorp purchase should add to earnings, Credit Suisse said. Neutral rating.

Commvault CVLT estimates, price target were raised at Sterne Agee. Shares are now seen reaching $72. Estimates were also increased, as the new Simpana cycle should drive growth, Sterne Agee said. Buy rating.

Corning GLW numbers were raised at Citigroup. Shares are now seen reaching $13.50. Estimates were also increased as LCD TV demand stronger than expected, Citi said. Neutral rating.

Green Mountain GMCR numbers were raised upped at Lazard. Estimates were boosted through 2013. Company raised its guidance, Lazard said. Buy rating and new $42 price target.

Mylan MYL estimates, price target were boosted at Canaccord Genuity. Shares are now seen reaching $31. Estimates were also increased, as the company will likely make an accretive acquisition or repurchase more stock, Canaccord said. Buy rating.

Principal Financial PFG numbers were cut at Sterne Agee. Estimates were reduced through 2014. Company lowered its guidance, Sterne Agee said. Buy rating and new $32 price target.

TiVo TIVO price target was raised at Jefferies. Shares are now seen reaching $15. Sum of parts suggests substantial upside, Jefferies said. Buy rating.

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