NEW YORK (TheStreet) -- CHANGE IN RATINGS
Baker Hughes was upgraded to buy at TheStreet Ratings.
Bonanza Creek was downgraded at Wunderlich to hold from buy. Valuation call, based on a $59 price target, Wunderlich said.
Digital Realty Trust was downgraded at Jefferies to hold from buy. Pricing issues and longer lease-to-commence cycle, Jefferies said. $60 price target.
Synageva was downgraded at Leerink Swann to market perform from outperform. $62 price target. Company lacks near-term catalysts, Leerink Swann said.
Gap was downgraded at BMO Capital to market perform from outperform. $35 price target. Growing concerns that sector-wide third-quarter weakness may extend into the fourth quarter, BMO Capital said.
Hasbro was upgraded to buy from neutral at Monness Crespi & Hardt. $60 price target. Company has strong visibility for the next two years, Monness Crespi & Hardt said.
Kohl's was upgraded at Deutsche Bank to hold from sell. $50 price target. No catalysts to drive shares meaningfully lower, Deutsche Bank said.
Marriott was downgraded at MKM Partners to neutral from buy. $50 price target. See more near-term opportunity elsewhere, MKM Partners said.
Morgan Stanley was upgraded to buy at TheStreet Ratings.
Ruckus Wireless was downgraded at Goldman Sachs to neutral from buy. $19 price target. Valuation call, as the stock is up 36% over the past five months and trading at a price-to-earnings ratio of 36 based on expected 2015 earnings, Goldman said.
SanDisk was upgraded at BMO Capital to market perform from underperform. $70 price target. Fire at SK-Hynix plant has tempered supply, BMO Capital said. Teekay was downgraded at Jefferies to hold from buy. Valuation call, Jefferies said. $47 price target.
Tripadvisor was initiated with an outperform rating at Credit Suisse. $90 price target. Market is not fully appreciating the Meta transformation, Credit Suisse said.
Marriott Vacations was downgraded at Suntrust Robinson Humphrey to neutral from buy. $54 price target. Company has less margin upside potential, Suntrust Robinson Humphrey said. Buyback catalyst has also passed, Suntrust Robinson Humphrey said.
Western Alliance was downgraded at Sterne Agee to neutral from buy. Valuation call, based on a $23 price target, Sterne Agee said.
Wisdomtree was downgraded at Bank of America/Merrill Lynch to neutral. Organic growth could begin to slow, and the company is working through its net-loss carryforward, BofA/Merrill said. $14 price target.
Zimmer was upgraded at Credit Suisse to outperform from neutral. $100 price target. Company should benefit from accelerating knee market sales, Credit Suisse said.
Stock Comments / EPS Changes
Celanese estimates, price target were raised at Jefferies. Figures were lifted into 2014, Jefferies said. Focus on FCF generation. $72 price target and buy rating.
Halliburton numbers were lowered at UBS. The company decreased its estimates. Pricing pressure on contact renewals could negatively impact margins, UBS said. $60 price target and buy rating.
Illumina estimates, price target were increased at Credit Suisse. Estimates were boosted through 2015. Company raised its guidance. Outperform rating and new $95 price target.
ManpowerGroup numbers, price target were raised at Jefferies. Improving EU and successful cost cutting intiatives drove EPS, Jefferies said. $89 price target and buy rating.
Marriott was added to the Focus List at Credit Suisse. $50 price target. Company is a market leader and has a compelling total return profile, Credit Suisse said.
McDonald's estimates, price target were cut at BMO Capital. Shares are now seen reaching $105. Company is seeing lower sales, BMO Capital said. Market Perform rating.
Netflix numbers were raised at J.P. Morgan. Shares are now seen reaching $460. Estimates were also increased on strong execution across the board, J.P. Morgan said. Overweight rating.
Netflix estimates, price target were increased at BMO Capital Markets. Estimates were raised through 2014. Company is seeing higher subscriber growth, BMO Capital Markets said. Market perform rating and new $370 price target.
SAP estimates, price target were boosted at Jefferies. The company lifted its numbers across the board, Jefferies said. Growth initiatives, including Cloud and HANA, performed well, Jefferies said. $80 price target and hold rating
Theravance was added to the US 1 List at BofA/Merrill. Upcoming spin out should unlock value, BofA/Merrill said.
VMWare estimates, target were boosted at BMO Capital. Shares are now seen reaching $94, according to BMO Capital Markets. Estimates were also increased, as the company is seeing strong demand, despite the government shutdown, BMO Capital Markets said. Market Perform rating.
Whole Foods numbers were raised at Sterne Agee. Shares are now seen reaching $71. Estimates were also increased, as checks suggest higher comp sales potential, Sterne Agee said. Buy rating.
Zions Bancorporation estimates were lifted at UBS. Core expenses were down. $31 price target and neutral rating, UBS said.
>To submit a news tip, email: firstname.lastname@example.org.
Follow TheStreet on Twitter and become a fan on Facebook.
EXCLUSIVE OFFER: See inside Jim Cramer’s multi-million dollar charitable trust portfolio to see the stocks he thinks could be potentially HUGE winners. Click here to see his holdings for FREE.
- Investment & Company Information
- Credit Suisse