U.S. RESEARCH ROUNDUP: Apple, NVIDIA, Western Digital, Google, Hilton Worldwide

8x8

21/01/2014 12:26

Jan 21 (Reuters) - Wall Street securities analysts revised their ratings and price targets 
on several U.S.-listed companies, including NVIDIA Corp and Western Digital, on Tuesday.  
     
    HIGHLIGHTS    
    * Apple  AAPL.O : SocGen cuts to hold from buy  
    * NVIDIA Corp  NVDA.O : Evercore Partners raises to equal weight 
    * Western Digital  WDC.O : BMO raises to outperform from market perform 
    * 3D Systems  DDD.N : Credit Suisse cuts to neutral from outperform  
    * Hilton Worldwide  HLT.N : Deutsche Bank starts with buy, JP Morgan starts with overweight  
    * Google  GOOG.O : Pacific Crest raises target to $1450 from $1135 
     
     
Following is a summary of research actions on U.S. companies reported by Reuters on Tuesday. 
Stock entries are in alphabetical order.  
         
    * 3D Systems  DDD.N : Credit Suisse cuts to neutral from outperform  
    * 3D Systems  DDD.N : Pacific Crest raises target to $98 from $96; rating outperform 
    * 8x8  EGHT.O : Barclays raises target to $13 from $12; rating overweight 
    * AAR  AIR.N : Credit Suisse raises to neutral from underperform; raises target to $29  
    * Alcoa  AA.N : JP Morgan raises to overweight from neutral; target to $15 from $9 
    * Allegheny Technologies  ATI.N : JP Morgan resumes with underweight; target $21 
    * Allegion  ALLE.N : Bernstein raises price target to $58 from $47 
    * Allegion  ALLE.N : Bernstein raises to outperform from market perform;  
    * Allscripts Healthcare  MDRX.O:  B.Riley raises to neutral, raises target to $16 
    * Alnylam Pharmaceuticals  ALNY.O : Piper Jaffray raises target to $108; overweight 
    * Altera  ALTR.O : JP Morgan raises to overweight; target to $38 from $32 
    * American Axle  AXL.N : JP Morgan raises target to $22 from $20; underweight 
    * Amphenol  APH.N : Jefferies raises target to $85 from $80; rating hold 
    * Apple  AAPL.O : SocGen cuts to hold from buy 
    * Apple  AAPL.O : Susquehanna adds to top 2014 idea list; keeps positive rating 
    * Aramark  ARMK.N : Morgan Stanley starts with overweight - Theflyonthewall.com 
    * Aramark Holdings  ARMK.N : Baird starts with outperform; target $30 
    * Aramark Holdings  ARMK.N : Barclays starts with overweight; target $32  
    * Aramark Holdings  ARMK.N : Credit Suisse starts with outperform; target $32 
    * Aramark Holdings  ARMK.N : Morgan Stanley starts with overweight; target $29 
    * Aramark Holdings  ARMK.N : Wells Fargo starts with outperform rating 
    * Autoliv  ALV.N : JP Morgan raises target to $101 from $98; neutral  
    * Bank of Ozarks  OZRK.O : KBW raises target to $55 from $50; market perform 
    * Basic Energy Services  BAS.N : Imperial Capital starts with outperform; target $20 
    * Best Buy  BBY.N : Credit Suisse cuts target to $40 from $48; rating outperform 
    * BioCryst Pharmaceuticals  BCRX.O : Roth starts with buy; price target $18 
    * Bloomin' Brands  BLMN.O : Goldman Sachs cuts target to $27 from $29; rating buy  
    * Bloomin' Brands  BLMN.O : JP Morgan raises to overweight from neutral 
    * Borgwarner  BWA.N : JP Morgan raises target to $63 from $60; overweight  
    * Boston Scientific  BSX.N : Piper Jaffray raises to overweight; raises target to $18  
    * Brinker International  EAT.N : Goldman Sachs raises target to $55 from $50; rating buy  
    * BroadSoft  BSFT.O : Mizuho reinstates coverage with buy; target $36 
    * Buffalo Wild Wings  BWLD.O : Goldman Sachs raises target to $150 from $138; neutral  
    * Burger King  BKW.N : Goldman Sachs adds to conviction buy list  
    * Cardinal Health  CAH.N : Cowen and Company raises target $79 from $68; outperform 
    * Caterpillar  CAT.N : Jefferies raises target to $85 from $75; rating hold  
    * Century Aluminum  CENX.O : JP Morgan raises to overweight; raises target to $13 
    * Charles River Labs  CRL.N : Goldman Sachs raises target to $56from $42; rating sell 
    * Chesapeake Energy  CHK.N : Suntrust raises to buy from neutral 
    * Chipotle Mexican Grill  CMG.N : Goldman Sachs raises target to$510 from $470; neutral 
    * Cintas  CTAS.O : Barclays raises target to $65 from $58; rating equal weight 
    * Cirrus Logic  CRUS.O : Needham cuts target to $25 from $26; rating buy 
    * Comerica  CMA.N : FBR raises target to $48 from $44; market perform 
    * Comerica  CMA.N : Jefferies raises target to $48 from $46; rating hold 
    * Comerica  CMA.N : KBW raises to market perform from underperform 
    * Compass Group  CPG.L : Morgan Stanley raises target to 970p; rating equal weight  
    * Comverse  CNSI.O : Oppenheimer raises target to $44 from $39; rating outperform 
    * Covance  CVD.N : Goldman Sachs cuts to neutral from buy 
    * CR Bard  BCR.N : Piper Jaffray raises target to $160 from $140; overweight 
    * Cree  CREE.O : Susquehanna cuts target to $55 from $70; rating neutral 
    * DineEquity  DIN.N : Goldman Sachs raises target to $86 from $84; neutral 
    * Domino'S Pizza  DPZ.N : Goldman Sachs raises target to $82 from $78; rating buy  
    * Dunkin' Brands  DNKN.O : Goldman Sachs raises target to $50 from $48; rating neutral  
    * Eaton Corporation  ETN.N : Stifel raises price target to $90 from $83; rating buy 
    * Elizabeth Arden  RDEN.O : B.Riley cuts target to $30 from $42; rating neutral 
    * EMC Corp  EMC.N : Mizuho raises price target to $30 from $28; rating buy  
    * Endeavour International  END.N : Canaccord Genuity raises target to $6 from $5; hold 
    * Exar  EXAR.N : Needham raises target to $16 from $15; rating buy 
    * Exone  XONE.O : Credit Suisse cuts target to $45 from $48; rating underperform 
    * Expedia  EXPE.O : Susquehanna raises target to $74 from $66; rating neutral  
    * Expedia  EXPE.O : Susquehanna raises target to $74 from $66; rating neutral  
    * ExxonMobil  XOM.N : BofA Merrill cuts to neutral rating 
    * F5 Networks  FFIV.O : Piper Jaffray raises target to $105 from $102; overweight 
    * Facebook  FB.O : Cowen And Company raises target to $68 from $57; outperform  
    * Fedex Corp  FDX.N : Nomura raises target to $145 from $135; rating neutral  
    * FireEye  FEYE.O : JP Morgan cuts to neutral from overweight; raises target to $75  
    * First Republic Bank  FRC.N : KBW raises target to $55 from $48  
    * Galena Biopharma  GALE.O : Needham raises target to $9 from $3.50; buy 
    * Gap  GPS.N : Sterne Agee raises to buy from underperform, raises target to $44 from $38 
    * GE  GE.N : Citigroup cuts target to $30 from $32; rating buy 
    * Gentex  GNTX.O : JP Morgan raises target to $36 from $34; neutral  
    * Google  GOOG.O : Cowen And Company raises target to $1384 from $1110; outperform 
    * Google  GOOG.O : Pacific Crest raises target to $1450 from $1135; rating outperform 
    * Harman International  HAR.N : JP Morgan raises target to $103 from$97; overweight 
    * Harmonic  HLIT.O : BofA Merrill starts with buy - Theflyonthewall.com 
    * Herbalife  HLF.N : Barclays raises target to $94 from $78; rating overweight 
    * Hilton  HLT.N : Barclays starts with overweight; target $25 - Theflyonthewall.com 
    * Hilton  HLT.N : Credit Suisse starts with outperform - Theflyonthewall.com 
    * Hilton  HLT.N : Morgan Stanley starts with equal weight - Theflyonthewall.com 
    * Hilton Worldwide  HLT.N : BofA Merrill starts with buy; target $25 
    * Hilton Worldwide  HLT.N : Citigroup starts with buy - Theflyonthewall.com 
    * Hilton Worldwide  HLT.N : Wells Fargo starts with marketperform - Theflyonthewall.com 
    * Hilton Worldwide Holdings  HLT.N : Deutsche Bank starts with buy; target $27 
    * Hilton Worldwide Holdings  HLT.N : JP Morgan starts with overweight rating  
    * Hilton Worldwide Holdings  HLT.N : JP Morgan starts with target $25 
    * Hilton Worldwide Holdings  HLT.N : Nomura starts with buy 
    * Icon  ICLR.O : Goldman Sachs raises target to $46 from $44; neutral  
    * Illumina  ILMN.O : Cowen raises target to $190 from $125; rating outperform 
    * Illumina  ILMN.O : JMP Securities raises target to $167 from $125; market outperform 
    * Ingersoll-Rand  IR.N : Jefferies raises target to $75 from $68; buy  
    * Inteliquent  IQNT.O : Raymond James raises to outperform from market perform 
    * Intersil  ISIL.O : Needham raises target to $14 from $13; rating buy 
    * Intuitive Surgical  ISRG.O : ISI Group starts with strong buy; target $500 
    * InvenSense  INVN.N : Needham cuts to hold from buy 
    * Ixys Corp  IXYS.O : Needham raises target to $15 from $13; rating buy 
    * Joy Global  JOY.N : Jefferies raises target to $55 from $47; hold  
    * Kennametal  KMT.N : Jefferies raises target to $50 from $45; rating hold 
    * Keryx Biopharmaceuticals  KERX.O : Roth raises target price to $30 from $28; rating buy 
    * Las Vegas Sands  LVS.N : Goldman Sachs raises target to $92 from $86  
    * Lululemon  LULU.O : ISI Group cuts to neutral from strong buy; target of $50 
    * M&T Bank  MTB.N : Jefferies cuts target to $115 from $116; rating hold 
    * M&T Bank  MTB.N : Raymond James cuts to market perform from outperform 
    * Magna International  MGA.N : RBC raises target to $101 from $93; outperform 
    * Maxim Integrated Products  MXIM.O : Needham raises target to $37 from $34; buy 
    * MB Financial  MBFI.O : Jefferies cuts target to $34 from $36; rating hold 
    * McKesson  MCK.N : Cowen And Company raises target to $193 from $173; outperform 
    * Mechel  MTL.N : JP Morgan cuts to underweight; cuts target to $1.40 from $6.20 
    * Micros Systems  MCRS.O : Wedbush raises price target to $65 from $58; rating outperform 
    * Motorola Solutions  MSI.N : Citigroup raises to buy; raises target to $75 from $65 
    * Nationstar Mortgage Holdings  NSM.N : FBR cuts target price to $32 from $45 
    * Nationstar Mortgage Holdings  NSM.N : FBR cuts to market perform from outperform  
    * Noble  NE.N : Morgan Stanley cuts to equal weight from overweight - Theflyonthewall.com 
    * NVIDIA Corp  NVDA.O : Evercore Partners raises to equal weight 
    * Oshkosh  OSK.N : Jefferies raises target to $62 from $55; buy  
    * Panera Bread  PNRA.O : Goldman Sachs raises target to $200 from $192; rating buy  
    * Parexel International  PRXL.O : Goldman Sachs raises target to $53 from $51; neutral 
    * Parker Hannifin  PH.N : Jefferies raises target to $150 from $135; buy 
    * Parker Hannifin  PH.N : Stifel raises price target to $140 from $125; rating buy 
    * People's United Financial  PBCT.O : KBW raises target to $15; market perform 
    * PNC  PNC.N : KBW raises target to $88 from $81 
    * Potbelly  PBPB.O : Goldman Sachs cuts target to $30 from $34; rating neutral  
    * Power Integrations  POWI.O : Needham raises target to $68 from $59; rating buy 
    * Priceline  PCLN.O : Susquehanna raises target to $1350 from $1200; positive  
    * Privatebancorp  PVTB.O : Jefferies raises target to $31 from $27; rating hold  
    * Quintiles  Q.N : Goldman Sachs raises to buy from neutral; raises target to $58 from $50  
    * Quintiles Transnational Holdings  Q.N : Jefferies raises target to $49; hold 
    * Resource Capital  RSO.N : MLV & Co starts with hold 
    * Sarepta  SRPT.O : Needham raises to buy 
    * Schlumberger  SLB.N : Credit Suisse raises to outperform from neutral 
    * Schlumberger  SLB.N : Global Hunter raises target to $117 from $107; buy 
    * Schlumberger  SLB.N : SocGen raises target to $109 from $106; rating buy 
    * Schlumberger  SLB.N : Susquehanna cuts target to $106 from $107; rating positive 
    * Seagate  STX.O : Morgan Stanley raises to overweight - Theflyonthewall.com 
    * Select Comfort  SCSS.O : Raymond James raises to strong buy from outperform 
    * Silicon Graphics  SGI.O : Needham cuts target to $17 from $18; rating buy 
    * Skechers USA  SKX.N : BB&T cuts to hold from buy 
    * SLM  SLM.O : FBR cuts target to $27.50 from $29; rating outperform 
    * Sodexo  EXHO.PA : Morgan Stanley raises target to 76 euros from 73 euros; equal weight 
    * SolarCity  SCTY.O : JP Morgan cuts to neutral rating 
    * SPX  SPW.N : Barclays reinitiates with overweight - Theflyonthewall.Com 
    * SPX Corp  SPW.N : Stifel raises price target to $125 from $110; rating buy 
    * Starbucks  SBUX.O : Goldman Sachs cuts to buy from conviction buy list  
    * Steven Madden  SHOO.O : BB&T raises to buy rating 
    * Stratasys  SSYS.O : Credit Suisse raises target to $144 from $128  
    * Stratasys  SSYS.O : Credit Suisse raises to outperform from neutral  
    * SunTrust Banks  STI.N : Credit Suisse raises price target to $41 from $39; rating neutral 
    * Suntrust Banks  STI.N : KBW raises target to $40 from $36  
    * Swift Transportation  SWFT.N : Barclays raises to overweight; target to $26 from $22  
    * Syneron Medical  ELOS.O : Cantor Fitzgerald raises target to $18 from $15; buy 
    * T. Rowe Price  TROW.O : Citigroup cuts to neutral from buy - Theflyonthewall.com 
    * Tableau Software  DATA.N : JMP Securities raises target to $80; market outperform 
    * Target  TGT.N : Cowen cuts to underperform from market perform 
    * Tesaro  TSRO.O : BMO raises to outperform from market perform; raises target to $46  
    * The Hain Celestial Group  HAIN.O : Canaccord Genuity raises target to $109; buy 
    * Time Warner Cable  TWC.N : Needham cuts to hold from buy 
    * Timken  TKR.N : BB&T raises target to $70 from $66; rating buy 
    * TJX  TJX.N : Sterne Agee cuts to neutral from buy, cuts target to $66 from $68 
    * T-Mobile US  TMUS.N : Macquarie raises target to $36 from $33; rating outperform 
    * Tripadvisor  TRIP.O : Susquehanna raises target to $62 from $55; negative 
    * Tripadvisor  TRIP.O : Susquehanna raises target to $62 from $55; rating negative 
    * UPS  UPS.N : Nomura cuts target to $105 from $110; rating neutral 
    * Veeco Instruments  VECO.O : Susquehanna raises target to $34 from $27; neutral 
    * Violin Memory  VMEM.N : Barclays cuts to underweight - theflyonthewall.Com 
    * VMWare Inc  VMW.N : Mizuho raises price target to $110 from $100; rating buy 
    * Volcano  VOLC.O : Raymond James cuts to market perform from outperform 
    * Webster Financial  WBS.N : Jefferies raises target to $33 from $32; rating hold 
    * Webster Financial  WBS.N : KBW raises to outperform from market perform 
    * Werner Enterprises  WERN.O : Barclays cuts to equal weight; target to $26 from $27 
    * Wesco International  WCC.N : BB&T raises target to $115 from $90; rating buy 
    * Western Digital  WDC.O : BMO Capital raises to outperform from market perform 
    * Wipro  WIT.N : Susquehanna raises price target to $12 from $9.50; rating neutral 
    * Wynn Resorts  WYNN.O : Goldman Sachs raises target to $238 from $201 
    * Xylem  XYL.N : Canaccord Genuity raises target to $34 from $30; rating hold 
    * Zeltiq Aesthetics  ZLTQ.O : Canaccord Genuity raises target to $26 from $22; buy 
 
 (Compiled by Ram Kumar Ramaswamy in Bangalore) 
 ((Compiled by Ram Kumar in Bangalore)(ramkumar.ramaswamy@thomsonreuters.com)(within U.S. +1 646 
223 8780)(outside U.S. + 91 80 6677 1190)(Reuters 
messaging:ramkumar.ramaswamy.thomsonreuters.com@reuters.net)) 
 
Keywords: RESEARCH US/