Ameren rated new Market Perform at WellsAEE was initiated with a Market Perform rating, Wells Fargo said. Stock looks reasonably valued ahead of two pending rate cases.
Clean Energy downgraded at BofA/MerrillCLNE was downgraded from Buy to Neutral, Bank of America/Merrill Lynch said. Valuation call, based on a #24 price target.
Cisco Systems rated new Buy at WunderlichCSCO was initiated with a Buy rating, Wunderlich Securities said. $33 price target. New product lines in routing and switching should drive further growth.
DD was upgraded to Neutral, Bank of America/Merrill Lynch said. $40 price target. Estimates also raised, as fundamentals are improving, despite the risk of a higher dollar and raw materials costs.
Dollar General upgraded at WellsDG was upgraded from Market Perform to Outperform, Wells Fargo said. Company has several operating levers and government stimulus should boost disposable income for customers.
Dollar Tree rated new Market Perform at WellsCoverage of DLTR was started with a Market Perform rating, Wells Fargo said. Company has the best sales growth potential in the industry, but a fixed pricing structure could suffer in an inflationary environment.
Diamond Offshore initiated at JP MorganDO initiated at JP Morgan. Initiated with an Underweight rating and $92 price target. Introduces 2010 EPS estimates of $8.44.
Ensco initiated at JP MorganESV initiated at JP Morgan. Initiated with a Buy rating and $57 price target. Introduces 2010 EPS estimates of $3.68.
Jack in the Box downgraded at StifelJACK was downgraded from Buy to Hold, Stifel Nicolaus said. Valuation call, based on a $24 price target.
Noble Corporation initiated at JP MorganNE initiated at JP Morgan. Initiated with a Neutral rating and $92 price target. Introduces 2010 EPS estimates of $5.39.
Pride International intiated at JP MorganPDE initiated at JP Morgan. Initiated with a Neutral rating and $49 price target. Introduces 2010 EPS estimates of $1.47.
Transocean initiated at JP MorganRIG initiated at JP Morgan. Initiated with a Neutral rating and $95 price target. Introduces 2010 EPS estimates of $8.38.
Charles Schwab rated new Buy at UBSSCHW was initiated with a Buy rating, UBS said. $24 price target. Company is the top asset gatherer in the industry and should benefit from rising interest rates.
Williams Cos. rated new Buy at GoldmanWMB was initiated with a Buy rating, Goldman Sachs said. $28 price target. Earnings will likely coe in ahead of consensus, as the company benefits from higher NGL prices.
Sotheby's estimates, target boosted at JMPBID estimates were raised through 2011, JMP Securities said. Company is seeing improving auction rated, especially in London. Outperform rating and new $38 price target.
Bally Technologies numbers cut at GoldmanBYI estimates were reduced through 2012, Goldman Sachs said. Company lowered guidance because of Alabama and lower overall margins. Neutral rating and new $42 price target.
General Dynamics numbers boosted at OppenheimerShares of GD now seen reaching $88, Oppenheimer said. Estimates also raised, as the lower interest expense will offset lower Combat results. Outperform rating.
Goodrich estimates, target boosted at BofA/MerrillShares of GR now seen reaching $75, according to Bank of America/Merrill Lynch said. Estimates also increased, because of a stronger expected recovery in the OEM market. Neutral rating.
Precision Castparts numbers raised at BofA/MerrillPCP estimates were boosted through 2014, Bank of America/Merrill Lynch said. Company should see higher commercial OEM rates. Buy rating and new $138 price target.
VMWare target raised at UBSShares of VMW now seen reaching $62, according to UBS. Company should have a strong quarter, given positive channel checks. Buy rating.
Wilmington Trust numbers upped at Morgan StanleyShares of WL now seen reaching $19, according to Morgan Stanley. Estimates also raised, given higher expected fee-based income. Equal-weight rating.
Yum! Brands target boosted at Morgan StanleyShares of YUM now seen reaching $44, Morgan Stanley said. Stock is not factoring in the company's strong position in China. Overweight rating.
