Analysts' Actions: CAT, HOT, VVUS, AMGN
Staples (SPLS) downgraded at UBS to Neutral from Buy, UBS said. $13 price target. Downside risk limited, but few catalysts.
Tiffany (TIF) upgraded at Goldman from Neutral to Buy, Goldman Sachs said. Brand is rock solid. $70 price target.
Tesla Motors (TSLA) downgraded at Wunderlich from Buy to Sell, Wunderlich said. $28 price target. Company seeing lower demand for the Model S vehicle.
VMWare (VMW) upgraded at Drexel Hamilton from Hold to Buy, Drexel Hamilton said. $110 price target. Company is performing well, despite currency headwinds.
Vivus (VVUS) upgraded at Jefferies to Hold from Underperform, Jefferies said. $31 price target. FDA approval is a big win.
Whole Foods (WFM) downgraded at Williams from Outperform to Perform, William Capital said. Valuation call, based on a $88 price target.
STOCK COMMENTS / EPS CHANGES
Amgen (AMGN) numbers raised at Jefferies. Shares of AMGN now seen reaching $88, Jefferies said. $88 price target. AMG-145 potential. Buy rating.Centene Corporation (CNC) target raised at Oppenheimer to $46, Oppenheimer said. Take-out upside potential. Outperform rating.
DTE Energy (DTE) numbers boosted at Credit Suisse. Shares of DTE now seen reaching $65, according to Credit Suisse. Estimates also upped, as the company is leveraged to the warmer weather. Outperform rating.
EMC (EMC) estimates, target lowered at Credit Suisse. EMC estimates were cut through 2013, Credit Suisse said. Company is being hurt by the soft macro environment. Outperform rating and new $30 price target.
Goldman Sachs (GS) estimates increased at Morgan Stanley through 2013, Morgan Stanley said. Company is seeing higher market activity and keeping a tight lid on costs. Equal-weight rating and $130 price target.
Intel (INTC) estimates reduced at BMO through 2013, BMO Capital said. Company reduced its guidance. Market Perform rating and $24 price target.
Coca-Cola (KO) estimates lowered at UBS through 2013, UBS said. Slowing in Japan, China, Brazil, and Europe. Neutral rating and $77 price target.
Coca-Cola numbers reduced at Goldman. Shares of KO now seen reaching $81, according to Goldman Sachs. Estimates also cut, as the company is realizing lower margins. Buy rating.