Wednesday, December 5, 2012

Analyst Ratings

Analyst Ratings


Upgrades


FirmActionTickerCompanyOld RatingNew RatingOld PTNew PTUpside/DownsidePrevious Close

ArgusUpgradeNYSE:AIGAmerican International GroupHoldBuy
$40.0020.0% Upside$33.32

Sterne AgeeUpgradeNASDAQ:AVAVAeroVironmentUnderperformNeutral


$20.26

KeyBancUpgradeNASDAQ:BOBEBob Evans FarmsHoldBuy


$37.28

Cantor FitzgeraldUpgradeNYSE:DFTDuPont Fabros TechnologyHoldBuy$29.50$28.0016.9% Upside$23.96

Cantor FitzgeraldUpgradeNYSE:DLRDigital Realty TrustSellHold$70.50$70.006.3% Upside$65.83

Evercore PartnersUpgradeNYSE:DSTDst SystemsUnderweightEqual Weight


$59.90

Nordea Equity ResearchUpgradeLON:ENQEnQuest
Strong-Buy
$2.58
N/A

RBC CapitalUpgradeLON:MTOMitie Group
Sector Perform
$4.18
N/A

UBS AGUpgradeNYSE:PAYVerifoneNeutralBuy
$39.0028.9% Upside$30.25

FBR CapitalUpgradeNYSE:PNCPNC Financial ServicesMarket PerformOutperform$63.00$61.0010.7% Upside$55.08

Compass PointUpgradeNYSE:PNCPNC Financial ServicesNeutralBuy


$55.08

Goldman SachsUpgradeNYSE:RSGRepublic ServicesBuyConviction Buy$30.00$37.0029.4% Upside$28.59

ArgusUpgradeNYSE:TUPTupperware BrandsHoldBuy
$72.0012.1% Upside$64.23

Goldman SachsUpgradeNYSE:WMWaste ManagementNeutralBuy


$32.63

Downgrades


FirmActionTickerCompanyOld RatingNew RatingOld PTNew PTUpside/DownsidePrevious Close

CitigroupDowngradeNASDAQ:ADTNADTRANNeutralSell$17.00$12.5036.9% Downside$19.81

HSBCDowngradeNASDAQ:AKZOYAkzo NobelNeutralUnderweight


$19.49

ISI GroupDowngradeNASDAQ:ALTRAlteraBuyNeutral


$32.18

RBC CapitalDowngradeNYSE:CLFCliffs Natural ResourcesOutperformSector Perform$45.00$32.008.8% Upside$29.40

Jefferies GroupDowngradeNYSE:DRIDarden RestaurantsBuyHold$61.00$47.000.8% Downside$47.40

Northland SecuritiesDowngradeNASDAQ:ECTEEcho TherapeuticsOutperformMarket Perform
$1.4022.8% Upside$1.14

RBC CapitalDowngradeNYSE:HEIHEICOOutperformSector Perform$45.00$39.007.6% Downside$42.19

Raymond JamesDowngradeNASDAQ:ICLRICON plcOutperformMarket Perform


$27.62

Raymond JamesDowngradeNASDAQ:INTCIntelMarket PerformUnderperform


$19.97

WunderlichDowngradeNASDAQ:LMCALiberty CapitalBuyHold$117.00$110.004.2% Upside$105.56

OppenheimerDowngradeNASDAQ:NVDANVIDIAOutperformPerform


$12.10

Bank of AmericaDowngradeNASDAQ:TIBXTIBCO SoftwareBuyNeutral$35.50$26.005.2% Upside$24.72

Canaccord GenuityDowngradeLON:TLWTullow Oil
Sell
$18.51
N/A

FBR CapitalDowngradeNYSE:WCCWESCO InternationalOutperformMarket Perform$68.00$66.003.4% Upside$63.82

Price Target Changes


FirmActionTickerCompanyOld RatingNew RatingOld PTNew PTUpside/DownsidePrevious Close

MizuhoLower Price TargetNASDAQ:ALTRAltera
Buy$40.00$38.0018.1% Upside$32.18

Deutsche BankBoost Price TargetNYSE:ASHAshland
Buy$85.00$90.0023.5% Upside$72.90

MizuhoLower Price TargetNYSE:BAXBaxter International
Neutral$72.00$68.004.3% Upside$65.22

Cantor FitzgeraldBoost Price TargetNYSE:CORCoreSite Realty Corp
Hold$28.00$28.5011.5% Upside$25.56

Stifel NicolausLower Price TargetNYSE:DMDDemand Media
Buy$15.00$14.0062.2% Upside$8.63

Stifel NicolausBoost Price TargetNASDAQ:HITTHittite Microwave
Buy$62.00$70.0011.9% Upside$62.54

WunderlichBoost Price TargetNASDAQ:HSNIHSN
Hold$50.00$55.005.5% Upside$52.13

LazardLower Price TargetNASDAQ:LMCALiberty Capital
Buy$142.00$134.0026.9% Upside$105.56

Piper JaffrayLower Price TargetNASDAQ:MFRMMattress Firm Holding Corp
Overweight$44.00$34.0012.1% Upside$30.32

Stifel NicolausLower Price TargetNYSE:PPandora Media
Buy$17.00$14.0048.1% Upside$9.45

CitigroupBoost Price TargetNASDAQ:PLCMPolycom
Neutral
$11.5013.0% Upside$10.18

FBR CapitalBoost Price TargetNYSE:STCStewart Information Services
Outperform$30.00$35.0025.9% Upside$27.79

CitigroupLower Price TargetNASDAQ:TLABTellabs


$2.5025.4% Downside$3.35

Deutsche BankBoost Price TargetNYSE:TOLToll Brothers
Buy$36.00$37.0016.1% Upside$31.86

Compass PointLower Price TargetNYSE:TOLToll Brothers
Neutral$35.50$30.005.8% Downside$31.86

New Coverage


FirmActionTickerCompanyOld RatingNew RatingOld PTNew PTUpside/DownsidePrevious Close

Credit SuisseInitiated CoverageNYSE:BYDBoyd Gaming
Outperform


$5.48

UBS AGInitiated CoverageNYSE:CIECobalt International Energy
Buy
$29.0022.0% Upside$23.78

UBS AGInitiated CoverageNYSE:CLRContinental Resources
Buy
$96.0032.7% Upside$72.33

Robert W. BairdInitiated CoverageNYSE:CMICummins
Outperform
$119.0022.3% Upside$97.31

UBS AGInitiated CoverageNYSE:COGCabot Oil & Gas
Neutral
$50.005.1% Upside$47.57

LazardInitiated CoverageNYSE:CVACovanta
Buy


$18.75

UBS AGInitiated CoverageNYSE:CXOConcho Resources
Buy
$93.0019.5% Upside$77.80

Northland SecuritiesInitiated CoverageNASDAQ:DAKPDAKOTA PLAINS HOLD
Outperform
$5.0069.5% Upside$2.95

UBS AGInitiated CoverageNYSE:DNRDenbury Resources
Neutral
$16.005.1% Upside$15.22

Stifel NicolausInitiated CoverageNASDAQ:GTLSChart Indust
Hold


$59.60

Stifel NicolausInitiated CoverageNYSE:HONHoneywell International
Buy
$72.0019.0% Upside$60.52

UBS AGInitiated CoverageNYSE:KOGKodiak Oil & Gas Corp.
Buy
$12.0047.1% Upside$8.16

Evercore PartnersInitiated CoverageNYSE:LFLLan Airlines S.A.
Equal Weight


$22.18

UBS AGInitiated CoverageNYSE:MPOMidstates Petroleum Company
Neutral
$7.003.3% Downside$7.24

Global Hunter SecuritiesInitiated CoverageNYSE:OASOasis Petroleum
Buy


$30.45

KeyBanc Capital MktsInitiated CoverageNYSE:PORPortland General Electric Company
Hold


$26.75

Needham & CompanyInitiated CoverageNASDAQ:RATEBankrate
Buy
$15.0035.3% Upside$11.09

JPMorgan ChaseInitiated CoverageNYSE:RAXRackspace Hosting
Overweight


$66.59

UBS AGInitiated CoverageNYSE:SMSM Energy
Neutral
$50.000.7% Downside$50.34

RBC CapitalInitiated CoverageNYSE:SNSanchez Energy Corp
Sector Perform


$17.59

LazardInitiated CoverageNASDAQ:SUPNSupernus Pharmaceuticals
Buy


$7.88

Goldman SachsInitiated CoverageNYSE:UTXUnited Technologies
Neutral


$80.14

Goldman SachsInitiated CoverageNYSE:WCNWaste Connections
Neutral


$33.04

UBS AGInitiated CoverageNYSE:WLLWhiting Petroleum
Buy
$54.0027.0% Upside$42.52

Credit AgricoleInitiated CoverageNASDAQ:WWAVThe WhiteWave Foods
Outperform


$15.64

JPMorgan ChaseInitiated CoverageNASDAQ:WWAVThe WhiteWave Foods
Overweight
$19.0021.5% Upside$15.64

SunTrustInitiated CoverageNASDAQ:WWAVThe WhiteWave Foods
Buy


$15.64

Bank of AmericaInitiated CoverageNASDAQ:WWAVThe WhiteWave Foods
Buy
$18.0015.1% Upside$15.64

Ratings Reiterations


FirmActionTickerCompanyOld RatingNew RatingOld PTNew PTUpside/DownsidePrevious Close

Robert W. BairdReiterated RatingNASDAQ:ACHCAcadia Healthcare
Outperform
$26.0017.4% Upside$22.15

Barclays CapitalReiterated RatingLON:AIEAnite
Equalweight
$2.25
N/A

Evercore PartnersReiterated RatingNASDAQ:AMZNAmazon.com
Overweight$270.00$290.0014.9% Upside$252.49

Oriel Securities LtdReiterated RatingLON:BATSBritish American Tobacco
Hold
$54.72258.8% UpsideN/A

Bank of AmericaReiterated RatingNYSE:BAXBaxter International
Buy
$70.007.3% Upside$65.22

Raymond JamesReiterated RatingNASDAQ:BCOVBrightcove
Strong-Buy


$9.89

FBR CapitalReiterated RatingNASDAQ:BRCMBroadcom Corp
Outperform


$32.45

RBC CapitalReiterated RatingLON:BRWBrewin Dolphin Holdings
Outperform
$3.54
N/A

Morgan StanleyReiterated RatingNYSE:CPCanadian Pacific Railway Limited
Overweight
$127.0035.7% Upside$93.62

Jefferies GroupReiterated RatingLON:CSRTConsort Medical
Buy
$14.97
N/A

CowenReiterated RatingNASDAQ:CTSHCognizant
Outperform


$67.14

Jefferies GroupReiterated RatingNASDAQ:CTSHCognizant
Buy
$80.0019.2% Upside$67.14

Credit SuisseReiterated RatingNYSE:DDominion Resources
Outperform
$187.00271.0% Upside$50.40

CitigroupReiterated RatingNYSE:DTVDirecTV
Buy
$58.0017.6% Upside$49.32

Robert W. BairdReiterated RatingNYSE:EQTEQT Corp.
Outperform
$80.0037.8% Upside$58.04

HSBCReiterated RatingLON:GNKGreene King
Neutral
$9.98266.9% UpsideN/A

Barclays CapitalReiterated RatingLON:INFInforma
Overweight
$7.8960.0% DownsideN/A

InvestecReiterated RatingLON:LAMLamprell
Hold
$1.45
N/A

CitigroupReiterated RatingNYSE:LTDLimited Brands
Buy
$60.0017.0% Upside$51.30

Morgan StanleyReiterated RatingNYSE:LYBLyondellBasell
Overweight


$49.76

HSBCReiterated RatingLON:MARSMarston's
Overweight
$2.25
N/A

CowenReiterated RatingNYSE:MWThe Men's Wearhouse
Outperform


$32.37

Piper JaffrayReiterated RatingNASDAQ:NFLXNetflix
Neutral


$86.65

Bank of AmericaReiterated RatingNASDAQ:NFLXNetflix
Underperform
$60.0030.8% Downside$86.65

Piper JaffrayReiterated RatingNASDAQ:NVAXNovavax
Overweight
$3.0060.4% Upside$1.87

Brean MurrayReiterated RatingNYSE:OXMOxford Industries
Buy
$60.0015.0% Upside$52.16

William BlairReiterated RatingNYSE:PPandora Media
Outperform


$9.45

Needham & CompanyReiterated RatingNYSE:PPandora Media
Buy
$13.0037.6% Upside$9.45

JPMorgan ChaseReiterated RatingNYSE:PPandora Media
Overweight
$14.0048.1% Upside$9.45

InvestecReiterated RatingLON:PFCPetrofac Ltd
Buy
$32.19
N/A

Canaccord GenuityReiterated RatingLON:POGPetropavlovsk
Buy
$13.12
N/A

Canaccord GenuityReiterated RatingLON:RPCRPC Group
Buy
$7.98
N/A

NomuraReiterated RatingLON:SGCStagecoach Group
Buy
$4.9957.6% DownsideN/A

WedbushReiterated RatingNASDAQ:TIBXTIBCO SoftwareOutperformOutperform$30.00

$24.72

InvestecReiterated RatingLON:TIGInnovation Group PLC
Buy
$0.48
N/A

Jefferies GroupReiterated RatingLON:TSCOTESCO
Buy
$6.4492.3% DownsideN/A

JPMorgan ChaseReiterated RatingLON:WMHWilliam Hill
Overweight
$6.2085.2% DownsideN/A

JPMorgan ChaseReiterated RatingLON:WOSWolseley
Overweight
$50.70
N/A

Earnings Results

Earnings For Wednesday, December 5


TickerCompanyEPSEstimateYoY Revenue Growth

NASDAQ:BF.BBrown-Forman$0.80$0.78.0%

NASDAQ:FRANFrancesca's$0.24$0.2244.0%

NASDAQ:GIIIG-III Apparel$2.43$2.346.6%

NYSE:TTCToro$0.08($0.01)-7.8%

NASDAQ:VLGEAVillage Super Market$0.42$0.00

NYSE:ZAZuoan Fashion$0.53$0.00


Earnings For Tuesday, December 4


TickerCompanyEPSEstimateYoY Revenue Growth

NASDAQ:ASYSAmtech Systems($1.49)$0.00-81.8%

NASDAQ:AVAVAeroVironment$0.39$0.00-.1%

NYSE:AZOAutoZone$5.41$0.003.5%

NYSE:BIGBig Lots($0.10)$0.00-.4%

NYSE:BMOBank of Montreal$1.65$0.009.3%

NASDAQ:ENVIEnvivio($0.18)$0.00-47.4%

NASDAQ:MFRMMattress Firm Holding Corp$0.47$0.0051.1%

NASDAQ:MINDMitcham Industries($0.10)$0.19-33.6%

NYSE:MTNVail Resorts($1.70)$0.00.0%

NYSE:NCSNCI Building Systems$0.08$0.0028.4%

NYSE:OXMOxford Industries$0.19$0.006.5%

NYSE:PPandora Media$0.05$0.0060.0%

NASDAQ:PLABPhotronics$0.07$0.00-14.7%

NASDAQ:POWLPowell Inds$0.99$0.007.6%

NASDAQ:SEACSeaChange$0.09$0.00-8.6%

NYSE:TOLToll Brothers$2.35$0.0047.9%

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