March 11 (Reuters) – Wall Street securities analysts revised their ratings and price targets
on several U.S. companies, including GE, Google and Apple, on Monday.
HIGHLIGHTS
* GE : Nomura cuts to neutral from buy
* HP : RBC raises target price to $21 from $18; rating sector perform
* Apple : CLSA cuts to outperform from buy – Theflyonthewall.com
* CTC Media Inc : Credit Suisse raises to neutral from underperform
* Google Inc : RBC raises target price to $950 from $840; rating outperform
Following is a summary of research actions on U.S. companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
* Adobe Systems Inc : Bofa Merrill cuts to neutral from buy – Theflyonthewall.com
* Allied Nevada Gold : Canaccord Genuity cuts target to $33.50 from $46.50
* Altera Corp : UBS cuts to neutral from buy – Theflyonthewall.com
* Apple : CLSA cuts to outperform from buy – Theflyonthewall.com
* Aspen Insurance Holdings Ltd : Credit Suisse raises to outperform from neutral
* Barnes Group Inc : KeyBanc raises to buy from hold – theflyonthewall.com
* Best Buy Co Inc : Piper Jaffray raises to overweight from neutral – benzinga.com
* Best Buy Co Inc : Piper Jaffray raises price target to $26 from $16 – benzinga.com
* Blackrock Kelso Capital : KBW cuts target price to $9.75 from $10
* BioDelivery Sciences : Piper Jaffray raises to overweight – theflyonthewall.com
* BioDelivery : Piper Jaffray raises target to $8 from $5 – theflyonthewall.com
* Cablevision Systems Corp : ISI Group cuts target to $14 from $15; rating neutral
* Cabot Corp : Jefferies cuts target price to $44 from $47; rating buy
* Callon Petroleum Co : SunTrust raises price target to $6.50 from $6; rating buy
* Cardiovascular Systems : Leerink Swann raises target to $20 from $16
* Cardiovascular Systems : Dougherty & Co raises target to $21 from $17.50
* Chatham Lodging Trust : FBR raises target price to $19 from $17; rating outperform
* Charter Communications : ISI Group raises target to $100 from $88; rating buy
* Charter Communications : Guggenheim raises target to $108 from $92; rating buy
* Chimera Investment : Credit Suisse raises target to $3 from $2.75; rating neutral
* Chesapeake Lodging Trust : FBR Capital Markets ups target to $24 from $23
* Choice Hotels : FBR Capital Markets cuts to market perform from outperform
* Choice Hotels International : FBR Capital Markets raises target to $40 from $34
* Church & Dwight Co Inc : UBS raises target price to $63 from $53; rating neutral
* Citigroup Inc : UBS raises to buy from neutral – Theflyonthewall.com
* Cloud Peak Energy Inc : BMO raises to outperform from market perform
* Cloud Peak Energy Inc : BMO raises price target to $22 from $20
* Clorox Co : UBS raises target price to $83 from $76; rating neutral
* Cognizant Technology Solutions Corp : Pacific Crest cuts to sector perform
* Colgate-Palmolive Co : UBS raises target price to $118 from $104; rating neutral
* Colony Financial Inc : RBC raises price target to $24 from $22; rating outperform
* Comtech Telecommunications : JP Morgan cuts target price to $29 from $30
* ConnectOne Bancorp Inc : KBW starts with outperform rating; target price $33
* Consol Energy Inc : BMO raises to outperform from market perform
* Consol Energy Inc : BMO raises price target to $42 from $35
* Credicorp LTD : Raymond James cuts to market perform from outperform
* CTC Media Inc : Credit Suisse raises to neutral from underperform
* CTC Media Inc : Credit Suisse raises target price to $11.3 from $9.4
* DaVita HealthCare : SunTrust Robinson cuts to neutral from buy- Theflyonthewall.com
* Diamondback Energy : Credit Suisse raises target to $32 from $26
* Dick’s Sporting Goods : Susquehanna cuts target price to $57 from $63
* Dick’s Sporting Goods : Suntrust Robinson cuts target price to $58 from $60
* Discover Financial Services : Barclays raises price target to $48 from $45
* Duke Realty Corp : Baird raises target to $18 from $16
* Eagle Materials Inc : Sterne Agee cuts to neutral from buy
* Energizer Holdings Inc : UBS raises target price to $110 from $99; rating buy
* Energy Recovery Inc : Wedbush cuts to underperform from neutral
* EPL Oil & Gas Inc : Howard Weil starts with sector outperform; price target of $38
* Equity One Inc : BMO cuts price target to $21 from $24
* Ericsson : Bernstein raises target price to $15.15 from $12.88; rating outperform
* Estee Lauder Companies Inc : UBS raises target price to $75 from $68; rating buy
* Foot Locker : Canaccord Genuity cuts target price to $40 from $42; rating buy
* Foot Locker Inc : Janney cuts fair value to $37 from $41; rating buy
* Foot Locker Inc : UBS cuts price target to $39 from $41; rating buy
* Fuel Systems Solutions : Macquarie raises to neutral – streetinsider.com
* GE : Nomura cuts to neutral from buy
* Genuine Parts Co : RBC raises target price to $75 from $70; rating sector perform
* Gilead Sciences Inc : Guggenheim raises price target to $50 from $46; rating buy
* Goldman Sachs : JP Morgan raises price target to $134 from $112; rating underweight
* Google Inc : RBC raises target price to $950 from $840; rating outperform
* Health Management Associates : UBS raises target price to $13 from $12; rating buy
* H&R; Block Inc : BTIG raises target price to $31 from $27; rating buy
* Hercules Technology Growth Capital : KBW cuts target to $13.50 from $14
* Himax : Nomura cuts to neutral from buy; ups target price to $4.70 from $3.60
* Host Hotels & Resorts : FBR Capital Markets raises price target to $18 from $15
* Hospitality Properties Trust : RBC ups target to $25 from $23; rating underperform
* HP : RBC raises target price to $21 from $18; rating sector perform
* Impax Laboratories : RBC cuts price target to $18 from $21; rating sector perform
* Inovio Pharmaceuticals Inc : Aegis Capital starts with buy; price target of $1.50
* Insmed Inc : Leerink Swann starts at outperform
* Intuit Inc : BofA Merrill cuts to neutral from buy – Theflyonthewall.com
* iSoftStone : Jefferies cuts price target to $8 from $10; rating buy
* Janus Capital Group : JP Morgan raises target to $8.50 from $8; rating underweight
* Jazz Pharma PLC : Cantor Fitzgerald starts with buy rating; target price of $86
* Kroger Co : JP Morgan raises target price to $33 from $32; rating neutral
* LaSalle Hotel Properties : FBR raises target to $29 from $27; rating outperform
* Main Street Capital Corp : Baird raises to outperform from neutral
* Main Street Capital Corp : Baird raises target price to $36 from $31
* Marriott International : FBR Capital Markets raises price target to $48 from $44
* Masco Corp : RBC raises to outperform from sector perform
* Maxim Integrated Products : Susquehanna raises target to $37 from $35
* MeadWestvaco Corp : Baird raises target price to $40 from $36; rating outperform
* Mechel : Renaissance Capital cuts price target to $6.5 from $7.4; rating buy
* Medicines Co : RBC raises price target to $40 from $38; rating outperform
* MGIC Investment : KBW raises price target to $5.50 from $4; rating market perform
* Monotype Imaging Holdings : Jefferies raises target to $22 from $21; rating hold
* Mylan Inc : Canaccord Genuity cuts to hold
* NGP Capital Resources : KBW cuts target price to $7.25 from $7.50
* NRG Energy Inc : UBS raises target price to $28 from $26; rating buy
* Nvidia Corp : Susquehanna cuts to negative from neutral
* NXP Semiconductors NV : Susquehanna raises to positive from neutral
* NXP Semiconductors NV : Susquehanna raises target price to $40 from $27
* Pacira Pharmaceuticals : Jefferies raises price target to $32 from $24; rating buy
* Peabody Energy Corp : BMO cuts to market perform from outperform
* Peabody Energy Corp : BMO cuts price target to $22 from $30
* P&G; : UBS raises target price to $75 from $66; rating neutral
* PPL Corp : UBS cuts to neutral from buy
* Prospect Global Resources Inc : Sterne Agee cuts to neutral – theflyonthewall.com
* Qlik Technologies : Roth Capital raises target price to $34 from $32; rating buy
* Quaker Chemical Corp : Jefferies raises target price to $68 from $62; rating buy
* Qualcomm Inc : Susquehanna raises target price to $85 from $80; rating positive
* Renaissancere Holdings Ltd : Credit Suisse raises target price to $95 from $79
* Resource Capital : Deutsche Bank raises target to $6.75 from $6.50; rating hold
* Rovi Corp : Piper Jaffray raises to overweight from neutral – benzinga.com
* Rovi Corp : Piper Jaffray raises price target to $28 from $19 – benzinga.com
* Safeway Inc : Citigroup raises target price to $30 from $28; rating buy
* Salesforce.com : Jefferies raises price target to $215 from $200; rating buy
* Schlumberger : Credit Suisse raises price target to $79 from $69; rating neutral
* Smithfield Foods : BofA ups to neutral from underperform – theflyonthewall.com
* Shutterfly Inc : Cantor Fitzgerald raises target to $48 from from $44; rating buy
* Solar Capital : BMO Capital Markets raises target to $30 from $26
* Sonic Corp : RBC raises target price to $14 from $12; rating outperform
* Southwest Gas Corp : UBS raises target price to $48 from $43; rating neutal
* SS&C; Technologies Holdings : Jefferies raises target to $27 from $26; rating hold
* Sunstone Hotel Investors : FBR Capital Markets raises price target to $14 from $12
* Tahoe Resources Inc : Dundee cuts target price to $20.50 from $22.30; rating buy
* Tempur-Pedic International Inc : Raymond James raises target price to $55 from $50
* Tenet Healthcare Corp : UBS raises target price to $46 from $41; rating neutral
* Thor Industries Inc : BMO cuts price target to $50 from $55
* TransDigm Group Inc : RBC raises price target to $166 from $157; rating outperform
* Transdigm : Deutsche Bank raises to buy from hold – theflyonthewall.com
* Transdigm : Deutsche Bank raises target to $175 from $150- theflyonthewall.com
* Tupperware :Morgan Stanley cuts to equal-weight from overweight-theflyonthewall.com
* UPS : Morgan Stanley resumes with equal-weight
* URS Corp : Lazard raises target price to $55 from $53; rating buy
* Vanguard Health Systems Inc : UBS raises target price to $20 from $16.5; rating buy
* Walter Energy Inc : BMO cuts to market perform from outperform
* Walter Energy Inc : BMO cuts price target to $35 from $43
* Washington Real Estate Investment Trust : Baird raises target to $30 from $29
* Westamerica Bancorp : Sandler O’Neil raises price target by $1 to $46; rating hold
* Xylem Inc : Wedbush raises price target to $32 from $29; rating outperform
(Compiled by Tej Sapru in Bangalore)
