NEW YORK (TheStreet) -- CHANGE IN RATINGS
Autodesk ADSK was upgraded to buy, Jefferies said. $45 price target. Company is leveraged to a better commercial real estate cycle, Jefferies said. Alcatel-Lucent ALU was upgraded from underperform to market perform, Bernstein Research said. New CEO can help turn the business around, Bernstein Research said.Astex Pharmaceuticals ASTX was upgraded to buy at TheStreet Ratings.Einstein Noah Restaurant BAGL was downgraded to hold at TheStreet Ratings.Duke Energy DUK was downgraded from buy to hold, Deutsche Bank said. Valuation call, based on a $69 price target, Deutsche Bank said. Fulton Financial FULT was downgraded from buy to neutral, Sterne Agee said. Valuation call. Intuitive Surgical ISRG was upgraded from hold to buy, Cantor Fitzgerald said. $575 price target. Stock has over-reacted to news of the FDA probe, Cantor Fitzgerald said. Micros MCRS was downgraded from buy to hold, Jefferies said. $43 price target. Company will likely be hurt by lower hardware pricing, Jefferies said.Norwegian Cruise NCLH was initiated with a hold rating, Deutsche Bank said. $34 price target. Valuation call, as the stock is up 63% since its IPO, Deutsche Bank said.
Priceline.com PCLN was upgraded from neutral to buy, Lazard Capital Markets said. $859 price target. Competition fears have been overstated, Lazard Capital Markets said.Webster Financial WBS was upgraded from neutral to buy, Sterne Agee said. $25 price target. Company can deliver steady growth over the next two years, Sterne Agee said.
STOCK COMMENTS/EPS CHANGESChicago Bridge & Iron CBI numbers now seen reaching $58, according to Credit Suisse. Company is seeing better bookings, Credit Suisse said. Neutral rating. Salesforce.com CRM numbers now seen reaching $205, according to Canaccord Genuity. Company has strong business momentum, Canaccord Genuity said. Buy rating. Viropharma VPHM was placed on the Priority Stock list, according to Wells Fargo. Valuation call, as the stock is not factoring in the company's strong fundamentals, Wells Fargo said. >To submit a news tip, email: email@example.com.
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