Analysts' Actions: FB, STI, FITB, DRYS
Amylin Pharmaceuticals (AMLN) downgraded at Baird from Outperform to Neutral. Valuation call, based on a $28 price target.
CH Robinson (CHRW) downgraded at FBR from Outperform to Market Perform, FBR Capital Markets said. $65 price target. May take several quarters for the industry cycle to strengthen.
Cliffs Natural (CLF) downgraded at BofA/Merrill from Buy to Neutral, Bank of America/Merrill Lynch said. $60 price target. Estimates also cut, as the company is leveraged to lower iron ore prices.
Coinstar (CSTR) upgraded at Canaccord from Hold to Buy. $71 price target. Company can continue to gain market share.
Facebook (FB) upgraded at Pivotal from Sell to Hold. Valuation call, based on a $30 price target.
Finish Line (FINL) downgraded at Sterne Agee from Buy to Neutral. $25 price target. Expect anemic core growth.
Fifth Third (FITB) upgraded at Wells to Outperform, Wells Fargo said. Company can deliver solid commercial loan growth and capital returns.
Flowers Foods (FLO)upgraded at SunTrust to Buy from Neutral. $28 price target. Fresh bread has stabilized.
Forest Laboratories (FRX) upgraded at Leerink from Market Perform to Outperform, Leerink Swann said. Domestic portfolio deserves a premium valuation.
JetBlue (JBLU) upgraded at UBS from Neutral to Buy. $8 price target. Estimates also boosted, given lower fuel prices.
Masco (MAS) initiated at Wells Fargo, Outperform rating. $18-$19 valuation range. Very strong leverage to improving housing market.
Owens Corning (OC) initiated at Wells Fargo, rated Outperform, Wells Fargo said. $37-$39 valuation range. Well positioned for growth in 2013.
Suntrust Banks (STI) upgraded at Wells to Outperform, Wells Fargo said. Return profile continues to improve.
Ubiquiti Networks (UBNT) upgraded at Wunderlich from Hold to Buy, Wunderlich said. Valuation call, based on a $35 price target.
Zynga (ZNGA) upgraded at Baird from Neutral to Outperform, Robert Baird said. $13 price target. Company is seeing slower growth and is facing a lockup expiration.
STOCK COMMENTS / EPS CHANGES
Dean Foods (DF) numbers raised at Bank of America Merrill Lynch. Shares of DF now seen reaching $18, Bank of America Merrill Lynch said. Estimates also raised on strong fundamentals across the business. Buy rating.DryShips (DRYS) numbers lowered at Jefferies. Shares of DRYS now seen reaching $2.50, Jefferies said. Estimates also lowered on increased operating expense expectations. Hold rating.
F5 Networks (FFIV) numbers cut at UBS. FFIV estimates were reduced through 2013, UBS said. Company is leveraged to slower growth in Europe. Neutral rating and new $120 price target.
Jefferies (JEF) estimates, target reduced at JMP. Shares of JEF now seen reaching $20, according to JMP Securities. Estimates also cut, given lower capital markets activity. Outperform rating.
Monsanto (MON) numbers raised at Jefferies. Shares of MON now seen reaching $86, Jefferies said. Estimates also raised on solid momentum in the second half of the year.
Fresh Market (TFM) estimates, target raised at UBS. Shares of TFM now seen reaching $63, according to UBS. Estimates also increased, as new stores continue to drive sales growth.Buy rating
TheStreet Staff
05/31/12 - 08:37 AM EDT
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