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Analysts' Actions: APA AIG KKD P

TheStreet Staff


Allison Transmission coverage started with a sell rating at TheStreet Ratings.

American International was rated new outperform at BMO. $50 price target. Business has become more simple and the stock is attractively valued below book value, BMO Capital said.

Apache APA Apache was downgraded to neutral at JP Morgan. Company lacks near-term catalysts, JP Morgan said.

Colfax was downgraded to hold at TheStreet Ratings.

Pandora was rated new neutral at Lazard. Uncertainty remains around future music performance fees, Lazard Capital Markets said.

Krispy Kreme was downgraded from outperform to neutral at Wedbush. $16 price target. Valuation call, as the stock has doubled in the past five months, Wedbush said.

Textron was upgraded to overweight at JP Morgan. Stock is attractive, following a 13% pullback, JP Morgan said. $30 price target.

Alkermes downgraded from buy to neutral at Mizuho. $26 price target. Expect conservative 2014 guidance from the company, which lacks near-term catalysts, Mizuho said.

Apache was downgraded to outperform to perform at Oppenheimer. Company remains leveraged to a volatile environment in Egypt, Oppenheimer said.

Cabot Oil & Gas was upgraded to buy at Bank of America/Merrill Lynch. $93 price target. Production continues to accelerate and the company is leveraged to rising natural gas prices, said Bank of America/Merrill Lynch.

East West Bancorp was downgraded from buy to neutral at Sterne Agee. $25 price target. Company is facing net interest margin pressure, Sterne Agee said.

Fusion-io was upgraded from hold to buy at Stifel Nicolaus. $18 price target. Checks suggest the company can exceed near-term expectations, Stifel Nicolaus said.

Huntington Bancshares was downgraded from buy to neutral at Compass Point. $8 price target. Company lacks near-term catalysts, Compass Point said.

HollyFrontier was upgraded from neutralto buy at BofA/Merrill. $66 price target. Recent pullback has resulted in an attractive implied 7% dividend yield, Bank of America/Merrill Lynch said.


Apple estimates, target were cut at BMO. Shares of AAPL are now seen reaching $460, according to BMO Capital. Estimates also reduced, as the company will struggle to maintain margins versus the continued growth of its business. Outperform rating.

American Express estimates were raised through 2015 at Credit Suisse. Company is keeping a tight lid on costs. Underperform rating and new $61 price target.

American Express price target was increased to $74 at Citi. The company's core business is performing well, including billed business, and will benefit as affluent consumer spending continues to increase.

Buffalo Wild Wings shares are now seen reaching $120, according to Wedbush. Estimates also increased, given fallen wing costs. Outperform rating.

Brinker estimates were boosted through 2014, Wells Fargo said. Solid comp sales growth can drive wider margins. Outperform rating.

eBay estimates were cut through 2014, JMP Securities said. Company is hurt by slower growth in Europe and a stronger dollar. Outperform rating.

Greenhill earnings estimates were reduced to reflect the first quarter miss and a weaker than expected deal pipeline, said UBS. Price target is now $49.

McDonald's shares are now seen reaching $110, according to Deutsche Bank. Stock has lagged its peers but still offer a solid 3% dividend yield. Buy rating.

Northern Trust earnings estimates through 2014 were reduced after first quarter results were announced, said UBS. Revenues in the quarter were supported by a large increase in FX but NII was lower than estimated.

PNC Financial earnings estimates through 2014 were reduced, said UBS. Despite the 1Q13 performance, expense levels and NII may not be sustainable.

SanDisk earnings estimates through 2014 were increased to reflect new guidance which included favorable price trends, said UBS. Price target goes to $65.

Sandisk shares are now seen reaching $75, according to Credit Suisse. Estimates also upped, given expected continued growth in the memory market. Outperform rating.

United Rentals' United Rentals' price target was increased to $70, said UBS. As the year progresses, UBS believes there will be potential upside to management's guidance.

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