NEW YORK (TheStreet) -- CHANGE IN RATINGS
Black Hills was downgraded at Drexel Hamilton to sell from hold. $47 price target. Stock has been the best performer of the group and trades at a 30% premium to its peers, Drexel Hamilton said.
eBay was downgraded at Needham to hold from buy. Company is seeing a slowdown in its international markets, Needham said.
Global Eagle Entertainment was upgraded to hold at TheStreet Ratings.
IntraLinks was upgraded to hold at TheStreet Ratings.
Lincoln National was upgraded at Deutsche Bank to buy from hold. $45 price target. The interest rate environment is improving, and the company is facing fewer growth headwinds, Deutsche Bank said.
Merck was downgraded at BMO Capital Markets to market perform from outperform. $51 price target. Januvia can face increased competition, BMO Capital Markets said.
Northern Trust was downgraded at J.P. Morgan to underweight from neutral. $55.50 price target. Company is facing higher expenses and realizing a lower net interest margin, J.P. Morgan said.
Quality Systems was upgraded at Morgan Stanley to equal-weight from underweight. Clinton deal shifts focus and should help put a floor on the stock, Morgan Stanley said.
Quality Systems was upgraded at J.P. Morgan to neutral from underweight. $20 price target. Board changes are a positive step, J.P. Morgan said.
Elizabeth Arden was downgraded at Oppenheimer to perform from outperform. Valuation call, as the stock exceeded the previous $50 price target, Oppenheimer said.
SanDisk was downgraded at Morgan Stanley to equal weight despite improved valuation and a new $66 price target, Morgan Stanley said. SDNK had a strong quarter and margin growth should continue, but the stock currently trades at a premium, Morgan Stanley said.
Xilinx was upgraded at Lazard Capital Markets to buy. New $51 price target, based on revenue growth and margin maintenance. The introduction of China Mobile offers XLNX huge profit potential assuming that margins remain flat, Lazard Capital Markets said.
Xilinx was downgraded at Wells Fargo to market perform despite increased estimates because the stock is fully priced, said Wells Fargo. Low capital requirements, high margins and revenue growth potential stand to benefit XLNX in coming quarters, Wells Fargo said.
STOCK COMMENTS/EPS CHANGES
Axis Capital estimates were cut at UBS. Catastrophe losses were worse than expected in the second quarter, said UBS.
Bank of America numbers were raised at UBS. Earnings estimates were increased given better cost control, said UBS. Price target goes to $14.50.
BE Aerospace price target was raised at UBS to $78. Less defense dilution and SFE share gains, said UBS.
Dish Network numbers were raised at UBS. Estimates were raised given new accretion estimates for its spectrum assets, said UBS. Price target goes to $50.
eBay estimates, target were reduced at Lazard Capital Markets. Shares are now seen reaching $63. Estimates were also cut, given slower international growth, Lazard said. Buy rating.
WW Grainger numbers were increased at Oppenheimer. Estimates were raised through 2014. Sales trends are improving, Oppenheimer said. Outperform rating and new $290 price target.
Intel estimates, price target were cut at Lazard Capital Markets. Shares are now seen reaching $27. Estimates were also reduced, given the company's new guidance, Lazard Capital Markets also said. Buy rating.
Intel estimates were reduced at UBS. Reflect a weak PC market, said UBS. Price target is $22.50, UBS said.
Mastercard estimates were raised at Jefferies. Shares are now seen reaching $683. Estimates were also increased, as leading indicators are trending well, Jefferies said. Buy rating.
M&T Bank numbers were upped at Jefferies. Estimates were raised through 2014. Company should see a more stable net interest margin and better fee run-rate, Jefferies said. Hold rating.
PNC estimates, price target were raised at Credit Suisse. Estimates were boosted through 2015. Company is seeing higher fees and cutting costs, Credit Suisse said. Neutral rating and new $74 price target.
PNC earnings estimates were raised given credit improvement and fee income performance, said UBS. Price target is $75.
Sandisk estimates, target were boosted at Lazard Capital Markets. Shares are seen reaching $75. Estimates were also increased, given the company's new guidance, Lazard Capital Markets said. Buy rating.
SanDisk numbers were raised at UBS. Earnings estimates were raised as mobile and microSD card growth continue to drive upside, said UBS. Price target goes to $69.
St. Jude numbers were boosted at BMO Capital Markets. Shares are now seen reaching $52. Estimates were also upped, given the company's new guidance. Market perform rating.
U.S. Bancorp estimates were raised at UBS. Reflect loan growth trends and strong fee income, said UBS. Price target is $41.
Visa estimates, price target were increased at Jefferies. Estimates were raised through 2014. Leading indicators are trending well, Jefferies said. Buy rating and new $220 price target.
Whirlpool estimates, price target were raised at Keybanc. Shares are now seen reaching $140. Estimates were also increased, as U.S. prices are stabilizing and orders appear to be at an inflection point, Keybanc said. Buy rating.
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