April 4 (Reuters) – Wall Street securities analysts revised their ratings and price targets
on several U.S. companies, including Apple and Microsoft, on Thursday.
HIGHLIGHTS
* HP : Jefferies raises price target to $18.50 from $13.50; rating underperform
* Lululemon : RBC cuts to sector perform from outperform; target to $70 from $80
* Microsoft : BofA Merrill cuts to neutral from buy – Theflyonthewall.com
* Apple : Lazard starts with buy rating; target price $540
* Valeant Pharma : UBS cuts price target to $81 from $83; rating buy
Following is a summary of research actions on U.S. companies reported by Reuters on Thursday.
Stock entries are in alphabetical order.
* Access National : Raymond James starts with market perform rating
* Acuity Brands : Canaccord Genuity raises target price to $78 from $74; rating buy
* Acuity Brands : Piper Jaffray raises target price to $67 from $63; rating neutral
* Acuity Brands : UBS raises target price to $83 from $76; rating buy
* Addus Homecare : Oppenheimer cuts to perform from outperform
* Aetna : Lazard raises price target to $60 from $55; rating buy
* Albany International : Stifel starts with buy rating; target price $38
* Alliant Energy : Macquarie raises target price to $53 from $47; rating outperform
* American Capital : UBS raises price target to $15 from $12; rating neutral
* American Electric Power : Macquarie raises target to $49 from $45; rating neutral
* American Water Works : Macquarie raises target to $44 from $41; rating outperform
* Amphenol : Goldman Sachs resumes with neutral; target $79 – Theflyonthewall.com
* Aon : Goldman Sachs raises price target to $66 from $62; rating neutral
* Apple : Lazard starts with buy rating; target price $540
* Arthur J. Gallagher :Goldman Sachs raises target to $44 from $40;rating neutral
* Aruba Networks : UBS cuts to neutral from buy
* Astoria Financial : Jefferies raises target price to $10 from $9; rating hold
* BancorpSouth : Jefferies raises target price to $15 from $14; rating hold
* Bank of Hawaii : Jefferies raises target price to $48 from $46; rating hold
* Biogen Idec : Brean Capital raises target price to $219 from $203; rating buy
* Blackrock : UBS raises price target to $275 from $245; rating buy
* Bloomin’ Brands : Goldman Sachs raises target price to $21 from $19; rating buy
* Brinker : Goldman Sachs raises to buy from neutral
* Brown & Brown : Goldman Sachs raises price target to $33 from $27; rating neutral
* Buffalo Wild Wings : Goldman Sachs raises target to $91 from $85; rating neutral
* Cablevision Systems Corp : Baird starts with neutral rating; target price of $16
* Casey’s General : Wells Fargo starts with market perform rating
* CenturyLink : JP Morgan raises to overweight from neutral
* Charter Communications : Baird starts with neutral rating; target price of $108
* Chipotle Mexican : Goldman Sachs raises target to $310 from $285; rating neutral
* City National : Jefferies raises target price to $54 from $53; rating hold
* CMS Energy : Macquarie raises target price to $30 from $27; rating outperform
* Comcast Corp : Baird starts with neutral rating; target price of $44
* Comerica : Jefferies raises target price to $37 from $35; rating hold
* Compuware : Susquehanna cuts target price to $11 from $12; rating neutral
* ConAgra Foods : KeyBanc raises target price to $42 from $38; rating buy
* Conceptus : Raymond James Raises price target to $26 from $24; rating outperform
* Conn’s : Stifel raises target price to $50 from $36; rating buy
* CoreSite Realty : Goldman Sachs starts with neutral – Theflyonthewall.com
* Digital Realty :Goldman Sachs starts with buy;target $78 – Theflyonthewall.com
* Dupont Fabros : Goldman Sachs starts with neutral;target $25 – Theflyonthewall.com
* Cullen/Frost Bankers : Jefferies raises target price to $63 from $60; rating hold
* Darden : Goldman Sachs raises target price to $52 from $50; rating neutral
* Dexcom : Oppenheimer raises traget price to $17 from $15; rating perform
* DineEquity : Goldman Sachs raises target price to $74 from $70; rating neutral
* Dominion Resources : Macquarie raises target price to $62 from $58; rating outperform
* Domino’s Pizza :Goldman Sachs cuts to buy from conviction buy – Theflyonthewall.com
* DTE Energy : Macquarie raises target price to $71 from $64; rating outperform
* Duke Energy : Macquarie raises target price to $76 from $69; rating outperform
* Dunkin’ Brands : Goldman Sachs raises target price to $41 from $38; rating neutral
* Edison : Macquarie raises target price to $53 from $50; rating outperform
* Edison International : Jefferies cuts target to $43.50 from $44;rating underperform
* EPL Oil & Gas : BMO starts with outperform rating; target price $34
* Exterran Partners : Raymond James raises target to $29 from $25; rating outperform
* Fifth Third Bancorp : Jefferies raises target price to $19 from $18; rating buy
* Finisar : Lazard raises to buy from neutral
* First Niagara Financial : Jefferies raises target to $9.50 from $9; rating buy
* Franklin Resources : UBS raises price target to $158 from $130; rating neutral
* Greenhill : Susquehanna cuts price target to $48 from $51; rating neutral
* Gulfport Energy : SunTrust raises price target to $70 from $65
* Hawaiian Electric : Macquarie raises target price to $26 from $25; rating neutral
* Haverty Furniture : Raymond James raises target to $24 from $20; rating outperform
* Healthcare Trust Of America : BMO Capital strats with market perform; target $12
* Hewlett-Packard : Barclays raises price target to $24 from $19; rating equal weight
* hhgregg : UBS raises target price to $11.75 from $7.25; rating neutral
* HP : Jefferies raises price target to $18.50 from $13.50; rating underperform
* ICE : UBS raises price target to $193 from $168
*IPC The Hospitalist Company : Goldman Sachs starts with neutral-Theflyonthewall.com
* Insulet : Oppenheimer raises traget price to $28 from $24; rating outperform
* Invesco : UBS raises price target to $32 from $29; rating buy
* Kansas City Southern :Credit Suisse ups target to $127 from $108; rating outperform
* Keycorp : Jefferies raises target price to $10.50 from $9.50; rating hold
* Lattice Semiconductor : Mizuho securities raises to buy from neutral
* Lattice Semiconductor : Mizuho securities raises price target to $7 from $5.50
* Lazard : Susquehanna cuts price target to $30 from $32; rating neutral
* LinkedIn :Morgan Stanley ups target to $210 from $180 – Theflyonthewall.com
* LPL Financial : Susquehanna raises price target to $26 from $25; rating negative
* Lululemon : RBC cuts to sector perform from outperform; target to $70 from $80
* MB Financial : Jefferies raises target price to $23 from $21; rating hold
* Mcdonald’s : Goldman Sachs raises target price to $108 from $104; rating neutral
* Medallion Financial : Sandler O’Neill raises to buy from hold
* Mednax Inc : Goldman Sachs starts with neutral – Theflyonthewall.com
* Microsoft : BofA Merrill cuts to neutral from buy – Theflyonthewall.com
* MMC : Goldman Sachs raises price target to $42 from $40; rating buy
* Molex : Goldman Sachs resumes coverage with neutral; price target $29
* Monsanto : Canaccord Genuity raises target price to $121 from $113; rating buy
* Newell Rubbermaid : Janney Capital starts with buy rating
* Newell Rubbermaid : Barclays raises price target to $30 from $26; rating overweight
* Niska Gas : Wells Fargo raises rating to outperform from market perform
* Niska Gas : Credit Suisse raises target price to $11 from $8.50
* Niska Gas : Barclays raises to equal weight from under weight
* Niska Gas : Barclays raises raises price target to $17 from $11
* Nu Skin : Macquarie raises price target to $43 from $38; rating neutral
* Obagi Medical Products : Cantor raises price target to $24 from $22; rating hold
* Old National Bancorp : Jefferies raises price target to $14 from $13; rating hold
* Orbitz Worldwide : Benchmark raises price target to $7 from $4.50; rating buy
* Panera Bread : Goldman Sachs raises to conviction buy from neutral
* Patterson-UTI Energy : RBC raises target to $27 from $26; rating sector perform
* People’s United : Jefferies raises price target to $12.50 from $12; rating hold
* PepsiCo : CLSA cuts to outperform from buy – Theflyonthewall.com
* PG&E; : Macquarie raises target price to $45 from $41; rating neutral
* PNC : Jefferies raises target price to $74 from $70; rating buy
* Portland General Electric :Macquarie ups target to $28 from $26
* PrivateBancorp : Jefferies raises target price to $19 from $17; rating hold
* PROS Holdings : Jefferies raises price target to $32 from $31; rating buy
* PROS Holdings : Northland Capital raises price target to $33
* PROS Holdings : Stifel raises target price to $31 from $28; rating buy
* Rackspace Hosting : Evercore Partners cuts price target to $60 from $73
* Raymond James Financial : Susquehanna raises target to $51 from $48;rating positive
* Rentrak : Piper Jaffray assumes coverage with overweight rating; target price $31
* RF Micro Devices : Brean capital raises price target to $7 from $6; rating buy
* Scana : Macquarie raises price target to $52 from $49; rating neutral
* Schnitzer Steel : Jefferies cuts price target to $28 from $30; rating hold
* Sequenom : Wedbush raises to outperform from neutral
* Sierra Wireless : BMO raises price target to $11 from $9; rating market perform
* Signature Bank : Jefferies raises target price to $85 from $80; rating buy
* Southern Co : Macquarie raises target price to $47 from $44; rating neutral
* Starbucks : Goldman Sachs ups target to $70 from $62; rating conviction list buy
* Stryker : Credit Suisse raises target price to $70 from $67; rating neutral
* SunTrust Banks : Credit Suisse cuts target price to $27 from $28; rating neutral
* Susser Holdings : Wells Fargo starts with outperform rating
* SVB Financial : Jefferies raises target price to $70 from $66; rating hold
* Sysco : Goldman Sachs raises target price to $34 from $30; rating sell
* TCF Financial : Jefferies raises price target to $15 from $14; rating hold
*Team Health :Goldman Sachs raises to conviction buy from neutral-Theflyonthewall.com
* TE Connectivity : Goldman Sachs resumes with buy; target $49 – Theflyonthewall.com
* Texas Capital Bancshares : Barclays raises to over weight from equal weight
* The Pantry : Wells Fargo starts with outperform rating
* The Cheesecake Factory :Goldman Sachs raises target to $39 from $34;rating neutral
* Time Warner Cable Inc : Baird starts with neutral rating; price target of $102
* T. Rowe Price : UBS raises price target to $77 from $64; rating neutral
* Tahoe : Canaccord Genuity raises target to $30 from $28; rating speculative buy
* Teco Energy : Macquarie raises price target to $18 from $17; rating neutral
* Thermo Fisher Scientific : UBS raises price target to $87 from $79; rating buy
* Towers Watson : Citigroup raises price target to $79 from $73; rating buy
* UIL Holdings : Macquarie raises price to $40 from $39; rating outperform
* Ulta Salon : Jefferies raises to buy from hold; price target to $100 from $85
* Universal Display : Needham raises to buy from hold
* U.S. Bancorp : Jefferies raises target price to $38 from $35; rating hold
* Valeant Pharma : Canaccord Genuity cuts target price to $82 from $83; rating buy
* Valeant Pharma : RBC cuts price target to $76 from $80; rating outperform
* Valeant Pharma : UBS cuts price target to $81 from $83; rating buy
* ViewPoint Financial Group : Raymond James starts with outperform rating
* ViewPoint Financial Group : Raymond James starts with price target of $23
* Vornado Realty Trust : Stifel raises to buy from hold
* Waddell & Reed : RBC raises to outperform from sector perform
* Waddell & Reed : RBC raises target price to $52 from $37
* WesBanco : Janney starts with buy; fair value estimate $26
* Westport : Jefferies cuts price target to $35 from $45; rating buy
* Wells Fargo : Jefferies raises price target to $42 from $39; rating hold
* Willis : Goldman Sachs raises price target to $41 from $36; rating neutral
* WNS (HOLDINGS) : Oppenheimer raises target price to $16 from $14; rating outperform
* Workday Inc : Jefferies starts with buy rating; price target of $76
* Xcel Energy : Macquarie raises target price to $31 from $28; rating neutral
* Yum Brands : Goldman Sachs raises target price to $69 from $65; rating neutral
* Zions Bancorp : Jeffries raises price target to $26 from $23; rating hold
SECTOR RATING
* Utility sector: S&P; Capital IQ raises to market weight from underweight
* Materials sector: S&P; Capital IQ cuts to underweight from marketweight
(Compiled by Avik Das and in Bangalore)
