Analysts' Actions: CRM CRUS NDSN PG SHW

TheStreet.com

NEW YORK (TheStreet) -- CHANGE IN RATINGS

Aware was downgraded to hold at TheStreet Ratings.

Salesforce.com was downgraded at Wedbush to neutral from outperform. $42 price target. Lower sales commission suggests lower new sales activity, Wedbush said.

Cirrus Logic was downgraded at Canaccord Genuity to hold from buy. $18 price target. Pricing and margins are coming under pressure, Canaccord said.

Marvell Technology was downgraded at JMP Securities to underperform from market perform. $8 price target. Business fundamentals are deteriorating, which is cutting into earnings quality, JMP said.

Nordson was downgraded to market perform from outperform at BMO Capital. $72 price target. Company cut guidance and is seeing lower order growth, BMO Capital said.

Nordson was downgraded at Oppenheimer to perform from outperform. Company lacks medium-term catalysts, Oppenheimer said.


Park Electrochemical was downgraded to hold at TheStreet Ratings.

Procter & Gamble was upgraded at UBS to buy from neutral. AG Lafley returns to the helm as CEO, said UBS. Price target goes to $95.

Sherwin-Williams was upgraded at Robert Baird to outperform from neutral. $205 price target. Company had a solid analyst meeting and appears ready to post several years of earnings outperformance, Robert Baird said.

STOCK COMMENTS / EPS CHANGES

Advanced Auto Parts estimates raised at UBS, as weather trends are expected to improve and guidance is viewed as conservative, said UBS.

Allegheny Technologies numbers lowered at Credit Suisse. Shares of ATI now seen reaching $31, Credit Suisse said. Estimates also lowered as near term confidence wanes on FRP. Neutral rating.

Infoblox price target and estimates raised at UBS. The company is seeing good initial traction for DNS, is increasing total addressable market into security, and is in the early stages of product adoption. Price target goes to $28.

Dover price target raised at Credit Suisse to $77; reflects the spin out of Knowles as the company's business mix has changed materially, said Credit Suisse.

Gap price target and estimates raised at UBS. GPS earnings estimates were increased to reflect a recovering consumer, improved full-priced selling and the omni-channel opportunity, said UBS. Price target goes to $41.

KKR price target raised at Citi to $26 to reflect balance sheet opportunity and a bullish outlook for Alternatives, said Citigroup.

L Brands price target and estimates raised at Credit Suisse. LTD earnings estimates were increased as expense discipline is expected to protect margins, said Credit Suisse. Price target goes to $56.


Marvell Technologies estimates reduced at UBS to reflect limited viability in the wireless business, said UBS.

Pandora estimates, target boosted at Piper. Shares of P now seen reaching $24, according to Piper Jaffray. Estimates also upped, as the company is seeing better monetization. Overweight rating.

Pandora numbers raised at Credit Suisse. Shares of P now seen reaching $16, Credit Suisse said. Estimates also increased as heaviest users become paying users. Neutral rating.

PulteGroup numbers upped at Sterne Agee. PHM estimates were boosted through 2014, Sterne Agee said. Company has pricing power and a group of solid buyers. Buy rating and new $32 price target.

Ralph Lauren estimates reduced at UBS to reflect conservative initial FY14 revenue guidance which reflect lost licensed revenue, said UBS.

Ross Stores numbers raised at Sterne Agee. Shares of ROST now seen reaching $72, according to Sterne Agee. Estimates also increased, as the company continues to execute well. Neutral rating.

Sears Holding estimates cut at Credit Suisse, given weak margins and productivity, as well as the removal of SHOS, said Credit Suisse.

Weatherford estimates, target increased at Cowen. WFT estimates were raised through 2014, Cowen said. Company is realizing higher margins and paying a lower tax rate. Buy rating and new $19 price target.

Williams-Sonoma price target and estimates raised at UBS. WSM earnings estimates were increased given sales strength across concepts, said UBS. Price target goes to $56.


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