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.
NEW YORK (TheStreet) -- CHANGE IN RATINGS
Walt Disney was downgraded at Goldman Sachs to neutral from buy. The stock was also cut from the Conviction List, based on a $70 price target. ESPN is facing more competition, Goldman Sachs said.
Facebook was initiated with a sell rating at TheStreet Ratings.
FedEx was downgraded at J.P. Morgan to neutral from overweight. $108 price target. Continuing international pressure pushes out timing for stronger EPS, J.P. Morgan said.
FedEx was downgraded at Morgan Stanley to market perform from outperform. Estimates were also cut, as the company is facing growth headwinds, Morgan Stanley said.
Hewlett-Packard was upgraded at Wells Fargo to outperform from market perform. Company can deliver net income and free cash flow growth, even without sales improvement, Wells Fargo said.
Coffee Holding Company was downgraded to hold at TheStreet Ratings.
Newmont Mining was downgraded at Cowen to market perform from outperform. Valuation call, Cowen said.
Integrys was upgraded at Robert Baird to outperform from neutral. $64 price target. Company received a positive rate decision in Illinois, Baird said.
Weyerhaeuser was upgraded at BMO Capital to outperform. Stock is attractive, following an 18% selloff, BMO said.
STOCK COMMENTS/EPS CHANGES
Bed Bath & Beyond numbers were increased at Canaccord Genuity. Estimates were increased through 2014. E-commerce platform can drive growth, Canaccord said. Buy rating and new $79 price target.
Finisar numbers were raised at Lazard Capital Markets. Estimates were raised as Datacom is more than offsetting the weak Telecom environment, said Lazard Capital Markets. Price target goes to $19.
Green Mountain Coffee Roasters numbers were raised at Keybanc. Shares are now seen reaching $90. Estimates were also increased, as the company can expand margins, Keybanc said. Buy rating.
Jabil estimates were reduced at UBS. Nypro failed to turn a first-quarter profit, said UBS. Price target remains at $23.
Coca-Cola estimates were cut at Morgan Stanley through 2014. Company is seeing lower demand and unfavorable currency rates, Morgan Stanley said. Equal-weight rating.
Legg Mason numbers were raised at Credit Suisse. Shares are now seen reaching $38. Estimates were also increased, given the company's strong tax shield, Credit Suisse said. Neutral rating.
Las Vegas Sands price target, earnings were raised at Lazard Capital Markets. Earnings estimates were increased given Macau's recent strength, said Lazard Capital Markets. Price target goes to $69.
Micron estimates, price target were boosted at Jefferies. Shares are now seen reaching $21. Estimates were also increased, given the company's new guidance. Buy rating.
Micron estimates, price target were raised at UBS. Third-quarter earnings beat and a memory outlook that remains strong, UBS said. The new price target is $17.
Red Hat estimates were reduced at Citigroup. Earnings estimates were reduced as new products may not drive growth as core business decelerates, said Citigroup.
Whole Foods price target was boosted at Bank of America/Merrill Lynch. Shares are now seen reaching $62. Natural foods market continues to show solid growth, BofA/Merrill said.
Western Refining price target was cut at UBS to $32 to realign valuation with the neutral rating, said UBS. Downside is limited, but compressed regional crude spreads could limit upside, UBS also said.
Wynn Resorts price target, estimates were raised at Lazard Capital Markets. Earnings estimates were raised on strong Macau trends and a rebounding VIP, said Lazard Capital Markets. Price target was increased to $155.
>To submit a news tip, email: firstname.lastname@example.org.
Follow TheStreet on Twitter and become a fan on Facebook.
- Investment & Company Information
- Morgan Stanley
- Lazard Capital Markets
- Goldman Sachs