Analysts' Actions: HPQ NTAP GILD LSI AMGN
JC Penney (JCP) numbers lowered at Morgan Stanley. Shares of JCP now seen reaching $20, according to Morgan Stanley. Estimates also cut, as sales trends suggest reduced demand. Underweight rating.
Och-Ziff (OZM) added to US 1 List at BofA/Merrill. Fund performance and net inflows have been strong. $17 price target.
Tyson Foods (TSN) numbers cut at BofA/Merrill. TSN estimates were reduced through 2013, Bank of America/Merrill Lynch said. Company is facing higher grain costs and seeing lower consumer demand. Underperform rating and new $13 price target.
TW Telecom (TWTC) estimates lowered at Citigroup through 2013. Solid 2Q revenue growth, although light of forecast. $30 price target and Buy rating.
Warnaco(WRC) estimates, target raised at Credit Suisse. Shares of WRC now seen reaching $48, according to Credit Suisse. Estimates also increased, as the company is keeping costs and inventory down. Neutral rating.
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