Analysts' Actions: HAS NDLS NFLX PNC YHOO

TheStreet.com

NEW YORK (TheStreet) -- CHANGE IN RATINGS

Allegheny Technologies was downgraded at Topeka Capital to hold from buy. $20 price target. Recent channel checks suggest that consensus estimates remain too high, Topeka Capital said.

Baker Hughes was upgraded at Cowen to outperform from market perform. $57 price target. Operating results surpassed expectations in the eastern hemisphere, Cowen said.

Annie's was downgraded at J.P. Morgan to neutral. The stock seems fully valued in an increasingly competitive market, said J.P. Morgan. Price target: $44. Future EPS and revenue estimates were lowered as BNNY's competitors are primed to overtake market share, J.P. Morgan said.

Coty was initiated with a buy rating at Deutsche Bank. $20 price target. Company is well-positioned to capture growth, Deutsche Bank said.

New Oriental Education & Technology was upgraded to buy at TheStreet Ratings.

Hasbro was upgraded at Needham to buy from hold. $52 price target. Quarter showed more positive surprises, Needham said.

Isis Pharmaceuticals was downgraded at Piper Jaffray to underweight. Valuation call, based on a $20 price target, Piper Jaffray said.

JDS Uniphase was downgraded at MKM Partners to neutral from buy. Valuation call, based on a $15 price target, MKM Partners said.

Noodles was initiated with a neutral rating and $46 price target at UBS. Despite its growth opportunity, valuation is rich, UBS said.

Noodles was initiated with an equal-weight rating at Morgan Stanley. Strong fundamentals and growth opportunities, Morgan Stanley said. Experienced management, significant cash production and strong per-franchise sales suggest large upside to this fast-noodle provider, Morgan Stanley said.

Netflix was downgraded at Cantor Fitzgerald to hold from buy. $260 price target. Stock has had a meteoric rise, Cantor said.

PNC Financial was downgraded at Sterne Agee to neutral from buy. Stock has made a strong surge in recent weeks, Sterne Agee said.

Sally Beauty was downgraded at Sterne Agee to neutral from buy. Valuation call, based on a $31 price target, Sterne Agee said.

United Financial Bancorp was downgraded to hold at TheStreet Ratings.

Yahoo! was downgraded at Needham to hold from buy. Fair value is at $29, Needham said.

Zions Bancorporation was downgraded at DA Davidson to neutral. $32 price target. Loan portfolio will likely continue to price lower, DA Davidson said.

Stock Comments/EPS Changes

Halliburton estimates were raised at UBS. Strong international outlook and improving North American margins, said UBS. Price target is $53.

Hershey was added to Citigroup's Top Picks Live! list. Increased marketing spend is driving market share gains, Citigroup said. Price target goes to $110.

Illumina price target was raised at UBS to $90. Increased confidence in company catalysts and competitive dynamics, said UBS.

Lennox numbers were raised at UBS. Earnings estimates were increased given the strength of its residential business, said UBS. Price target goes to $72.

Netflix estimates, price target were raised at Oppenheimer. Shares are now seen reaching $259, according to Oppenheimer. Estimates were also increased, given higher domestic margins and international momentum, Oppenheimer said. Perform rating.

Texas Instruments numbers were raised at UBS. Earnings estimates were increased on solid outlook for trends in industrial, auto and infrastructure, said UBS. Price target goes to $38.

Vivus was cut from US 1 List at Bank of America/Merrill Lynch. An inflection in Qsymia prescriptions could take time. BofA/Merrill said. $22 price target.

W.R. Berkley estimates were reduced at UBS. Earnings estimates were reduced based on lower investment yield assumptions, said UBS. Price target is $48.

Zions Bancorporation estimates were cut at Citigroup. Earnings estimates were cut on higher expenses and lower forecasted NIM, said Citigroup. Price target is $35.

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