NEW YORK (TheStreet) -- CHANGE IN RATINGS
CME Group was downgraded at Raymond James to market perform from outperform. Valuation call, as the stock is up 52% year to date, Raymond James said.
Dunkin Brands was initiated with a buy rating at Lazard Capital Markets. $51 price target. Premium franchise growth justifies a premium multiple, Lazard Capital Markets said.
Davita was downgraded to market perform from outperform at Raymond James. Rebasing regulations for 2014 came in at the worst-case scenario, Raymond James said.
Ebix was downgraded to hold at TheStreet Ratings.
Groupon was initiated with a buy rating at Wunderlich. $11 price target. Company can address issues that have left the stock undervalued, Wunderlich said.
Illumina was downgraded at Piper Jaffray to neutral from overweight. $70 price target. Valuation call, as the company faces tough comps, Piper Jaffray said.
JPMorgan Chase was upgraded at Raymond James to strong buy from outperform. $64 price target. Estimates were also increased, given higher expected market-related revenue, Raymond James said.
Oil States was downgraded at Cowen to market perform from outperform. Valuation call, based on an $89 price target, Cowen said.
Ply Gem Holdings was initiated with a neutral rating and $22 price target at UBS. The company will benefit from the housing recovery, and the valuation reflects that, UBS said.
Polaris Industries was initiated with a buy rating and $106 price target at UBS. Visibility of SSV growth will continue to drive the stock, UBS said.
Rowan Companies was upgraded at Citigroup to buy from neutral. $42 price target. Revenue, earnings ramp is coming, Citigroup said.
Transocean was downgraded at Citigroup to neutral from buy. $52 price target. See a number of headwinds in the year ahead, Citi said.
Tesla was downgraded to hold at TheStreet Ratings.
Tractor Supply was downgraded at Nomura to neutral from buy. Valuation call, based on a $120 price target, Nomura said.
Wells Fargo was downgraded at Keefe, Bruyette & Woods to market perform from outperform. Valuation call, based on a $43 price target, Keefe, Bruyette & Woods said.
Wolverine World Wide was downgraded at DA Davidson to neutral. Valuation call.
STOCK COMMENTS/EPS CHANGES
Infoblox numbers were raised at UBS. Earnings estimates were increased given more confidence in executing the July 2015 operating margin target, said UBS. Price target raised to $35.
CBOE estimates, price target were increased at Credit Suisse. Estimates were boosted through 2015. Company is leveraged to higher options activity, Credit Suisse said. Underperform rating and new $35 price target.
CBOE estimates were reduced at UBS. Reflect pricing pressure despite solid volumes, said UBS.
F5 Networks numbers were cut at Sterne Agee. Shares are now seen reaching $83. Cisco ACE conversion is occuring more slowly, Sterne Agee said. Buy rating.
Harley-Davidson price target was raised at UBS to $59. 2014 EPS estimates no longer need to be discounted to the present, said UBS.
Prosperity Bancshares numbers were raised at Sterne Agee. Shares are now seen reaching $54. Estimates were also increased, as the FVNB acquisition should add to earnings, Sterne Agee said. Neutral rating.
Priceline.com estimates were increased at Lazard Capital Markets through 2014. Seeing signs of strength at Booking.com, said Lazard Capital Markets. Buy rating and $950 price target.
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