Analysts' Actions: NVDA MUR NTAP LO DE PG

TheStreet.com

NEW YORK (TheStreet) -- CHANGE IN RATINGS

AllianceBernstein AB upgraded to buy at TheStreet Ratings.

ACCO Brands ACCO downgraded to hold at TheStreet Ratings.

Aruba Networks ARUN upgraded at Morgan Stanley to overweight, Morgan Stanley said. $28 price target. Company is realizing higher margins.

Colgate-Palmolive CL rated new sell at Canaccord. Valuation call, based on a $102 price target.

Centurylink CTL downgraded at JP Morgan from overweight to neutral, JP Morgan said. $38 price target. Valuation call, following the company's dividend cut.

Centurylink downgraded at Nomura to reduce. $30 price target. Company has a lower free cash flow outlook and lowered its dividend.

Edison International EIX downgraded at Jefferies to underperform from hold, Jefferies said. $40.50 price target. Delay to the restart of San Onofre.

Entergy ETR downgraded at UBS to sell from neutral, UBS said. $55 price target. Challenging regulatory calendar.

EZchip Semiconductor EZCH upgraded at Oppenheimer to outperform from perform, Oppenheimer said. $31 price target. Favorable risk- reward.

Sourcefire FIRE upgraded at UBS to buy from neutral, UBS said. $54 price target. Concerns around federal may be overdone.

FMC Technologies FTI downgraded at SocGen from buy to hold, Societe Generale said. $55 price target. Valuation call, as the stock is up 25% since late December.

Hyatt Hotels H downgraded at FBR from outperform to market perform, FBR Capital Markets said. Company faces multiple growth headwinds.

Ingram Micro IM upgraded at Needham from hold to buy, Needham said. $22 price target. Company is leveraged to higher IT spending.

Itron ITRI downgraded at JP Morgan from overweight to neutral, JP Morgan said. $45.50 price target. Estimates also cut, given the company's new guidance.

Medtronic MDT downgraded at Lazard to neutral, Lazard Capital Markets said. Stock is up 30% over the past 8 months and the company lacks near-term catalysts.

Nabors Industries NBR upgraded at Goldman from neutral to buy, Goldman Sachs said. Company was also placed on the Conviction List. Valuation call, based on a $23 price target.

ServiceNow NOW upgraded at UBS to buy from sell, UBS said. $36 price target. Platform should drive upside to estimates.

Nvidia NVDA downgraded at Needham from buy to hold, Needham said. Company is seeing lower Tegra demand.

Procter & Gamble PG rated new buy at Canaccord. $87 price target. Company is cutting costs across the board.

Bankrate RATE downgraded at Citigroup to neutral from buy, Citigroup said. $12 price target. Challenges in lead gen.

Rockwell Automation ROK downgraded at Bernstein from outperform to market perform, Bernstein said. $97 price target. Valuation call, as the stock is up 29% over the past six months.

Tripadvisor TRIP downgraded at Morgan Stanley from overweight to equal-weight, Morgan Stanley said. $42 price target. 2013 will be an investment year for the company.

Tractor Supply TSCO rated new buy at UBS. $117 price target. Few retailers have the chance to double its market share.

Whiting Petroleum WLL upgraded at BMO from market perform to outperform, BMO Capital said. $60 price target. Company has more drilling inventory than the market gives it credit for.

STOCK COMMENTS / EPS CHANGES

Blackbaud BLKB target raised at Jefferies to $28, Jefferies said. Better margins in 4Q12 guidance. Hold rating.

Deere DE numbers raised at Jefferies. Shares of DE now seen reaching $90, Jefferies said. Estimates also raised on strong first quarter. Hold rating.

Deere estimates, target raised at Credit Suisse. Shares of DE now seen reaching $104, according to Credit Suisse. Estimates also increased, given better Farm growth. Outperform rating.

FMC Technologies FTI numbers raised at Jefferies. Shares of FTI now seen reaching $50, Jefferies said. Estimates also raised on more margin growth in subsea on pricing. Hold rating.

Lorillard LO estimates, target increased at BofA/Merrill. LO estimates were raised through 2014, Bank of America/Merrill Lynch said. Company is seeing higher demand for e-cigarettes. Neutral rating and new $42 price target.

Murphy Oil MUR numbers raised at Oppenheimer. Shares of MUR now seen reaching $75, Oppenheimer said. Estimates also raised on compelling valuation. Outperform rating.

NetApp NTAP numbers raised at Jefferies. Shares of NTAP now seen reaching $35, Jefferies said. Estimates also raised on continued good execution. Hold rating.

Sandisk SNDK estimates, target boosted at Lazard. Shares of SNDK now seen reaching $58, according to Lazard. Estimates also upped, given a lower supply outlook in the memory market. Buy rating.

Valmont VMI estimates, target upped at DA Davidson. VMI estimates were boosted through 2014, DA Davidson said. Utility and irrigation businesses continue to drive growth. Buy rating and new $185 price target.

Weight Watchers WTW numbers cut at BofA/Merrill. Shares of WTW now seen reaching $50, according to Bank of America/Merrill Lynch. Estimates also reduced, given poor recruitment figures. Neutral rating.

>To submit a news tip, email: tips@thestreet.com.

READERS ALSO LIKE:


Follow TheStreet on Twitter and become a fan on Facebook.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.

View Comments (0)