U.S. RESEARCH ROUNDUP: Apple, Affymax, Heinz, Venaxis

Affymax

25/02/2013 23:32

Feb 25 (Reuters) - Wall Street securities analysts revised their ratings and price targets 
on several U.S. companies, including Apple, Heinz and Venaxis, on Monday.  
     
    HIGHLIGHTS 
    * Affymax Inc   : Stifel, Baird, MLV & Co and JMP Securities downgrade rating     
    * Apple   : Needham cuts target price to $710 from $750; rating buy 
    * H.J. Heinz Co   : Citigroup cuts to neutral from buy - Theflyonthewall.com 
    * Affymax Inc   : JMP Securities cuts to market underperform from market outperform 
    * Newmont Mining Corp   : Jefferies cuts price target to $40 from $44; rating hold 
     
Following is a summary of research actions on U.S. companies reported by Reuters on Monday. 
Stock entries are in alphabetical order.  
     
    * 3D Systems   : Needham raises price target to $40 from $30 
    * Abaxis Inc   : BofA Merrill cuts to underperform from neutral - Benzinga.com 
    * Abercrombie & Fitch   : UBS cuts target price to $48 from $51; rating neutral 
    * Abercrombie & Fitch   : Susquehanna cuts target to $60 from $64; rating positive 
    * Abercrombie & Fitch   : RBC raises target to $45 from $38; rating sector perform 
    * Aeropostale Inc   : Keybanc cuts to hold from buy 
    * Affymax Inc   : Baird cuts to neutral from outperform 
    * Affymax Inc   : Stifel cuts to hold from buy 
    * Affymax Inc   : MLV & Co cuts to hold from buy 
    * Affymax Inc   : JMP Securities cuts to market underperform from market outperform 
    * Affymax Inc   : Piper Jaffray cuts to neutral from overweight  
    * Agrium Inc   : BMO cuts target price to $120 from $123; rating outperform 
    * Agrium Inc   : Dundee Capital cuts target price to $125 from $127; rating buy 
    * Agrium Inc   : UBS cuts target price to $120 from $123; rating buy 
    * AIG   : Sandler O'Neill raises price target to $44 from $41; rating buy 
    * AIMCO   : RBC raises target price to $33 from $32; rating outperform 
    * Akamai Technologies Inc   : Macquarie raises to outperform from neutral 
    * Amgen Inc   : S&P Capital raises target price to $104 from $100; rating buy 
    * Aqua America   : Baird raises price target to $32 from $26 
    * Atlas Energy LP   : Baird raises to outperform from neutral 
    * Atlantic Tele-Network   : Raymond James ups target to $59 from $50;rating outperform 
    * Armour Residential Reit   : Credit Suisse cuts to $7 from $8; rating outperform 
    * Ascena Retail Group Inc   : Keybanc cuts to hold from buy 
    * Approach Resources   : Canaccord Genuity raises target to $35 from $32; rating buy 
    * Atlas Energy LP   : Baird raises to outperform from neutral 
    * Barnes Group Inc   : Jefferies raises target price to $32 from $27; rating hold 
    * Berry Petroleum Co   : Susquehanna cuts to neutral from positive 
    * Berry Petroleum Co   : Wells Fargo cuts to market perform from outperform 
    * Bloomin' Brands Inc   : Jefferies raises target price to $20 from $18; rating buy 
    * Bloomin' Brands   : Raymond James raises target to $19 from $17; rating outperform 
    * Cabot Oil & Gas Corp   : Jefferies raises price target to $76 from $56; rating buy 
    * Calamp   : Northland Capital starts with outperform rating; price target of $14.25 
    * CAMPBELL SOUP CO   : Credit Suisse raises target to $40 from $35; rating underperform 
    * Capital One Financial Corp   : Stifel cuts target price to $65 from $69; rating buy 
    * Coresite Realty Corp   : MLV & Co raises price target to $38 from $31; rating buy 
    * Charter Communications   : UBS raises target price to $95 from $83; rating buy 
    * Children's Place Retail Stores   : Janney Capital cuts to neutral from buy 
    * Children's Place Retail Stores   : Janney Capital cuts fair value to $49 from $59 
    * Carnival Corp   : Credit Suisse cuts target price to $35 from $36; rating neutral 
    * Carlyle Group   : KBW raises target price to $36 from $31; rating outperform  
    * Charter Communications   : Jefferies raises target to $85 from $79; rating hold 
    * Charter Communications   : Pivotal Research ups target to $107 from $104; rating buy 
    * Colgate-Palmolive   : BMO raises target price to $109 from $102; rating market perform 
    * Commerce Bancshares Inc   : Raymond James cuts to underperform from market perform 
    * Community Health Systems   : Mizuho raises target to $41 from $39; rating neutral 
    * Community Health Systems   : Susquehanna ups target to $48 from $45; rating positive 
    * Community Health Systems   : UBS raises target price to $52 from $44; rating buy 
    * Community Health Systems   : Barclays raises price target to $48 from $36 
    * Community Health Systems   : Cantor Fitzgerald raises price target to $35 from $28 
    * Constellation Brands  :Suntrust starts with buy; target price $60-Theflyonthewall.com 
    * Cooper Tire & Rubber   : S&P Capital raises target price by $3 to $30 
    * CoreSite Realty Corp   : RBC raises target price to $35 from $30; rating outperform 
    * Cummins Inc   : Goldman Sachs raises to conviction buy from buy - theflyonthewall.com 
    * Curtiss-Wright Corp   : Imperial Capital raises target to $36 from $34; rating in-line 
    * Darden Restaurants Inc   : Jefferies cuts target price to $44 from $47; rating hold 
    * Dendreon Corp   : Roth Capital raises price target to $6.30 from $5; rating neutral 
    * Dynavax Technologies Corp   : MLV & Co cuts to hold from buy 
    * Eaton Corp PLC   : Credit Suisse starts with outperform; target price $72 
    * Eaton Vance Corp   : RBC raises target price to $40 from $36; rating outperform 
    * Eaton Vance CORP   : Credit Suisse raises target to $34 from $31; rating underperform 
    * Eldorado Gold   : Canaccord Genuity cuts target price to $17 from $17.50; rating buy 
    * Endo Health Solutions   :Piper Jaffray cuts to underweight from neutral-Benzinga.com 
    * First American Financial   : KBW raises target to $28 from $27; rating market perform 
    * First Solar Inc   : Lazard cuts target price to $45 from $50; rating buy 
    * Flowserve Corp   : BMO raises target price to $182 from $178; rating outperform 
    * Flowserve Corp   : Jefferies raises target price to $175 from $152; rating hold  
    * Flowserve Corp   : Stifel raises target price to $175 from $169; rating buy 
    * Flowserve Corp   : RBC raises target price to $180 from $175; rating outperform 
    * Forest Oil Corp   : Credit Suisse cuts target to $5 from $6; rating underperform 
    * FTI Consulting   : Northland Capital raises to outperform from market perform 
    * FTI Consulting   : Northland Capital raises price target to $42 from $27 
    * Gardner Denver Inc   : RBC raises target price to $84 from $80; rating outperform 
    * Goodrich Petroleum   : MLV & Co raises price target to $14.25 from $13; rating buy 
    * Hillshire Brands Co   : Credit Suisse ups target to $37 from $35; rating outperform 
    * Host Hotels & Resorts   : Raymond James ups target to $19 from $18; rating outperform 
    * Host Hotels & Resorts   : Cantor Fitzgerald raises price target by $1 to $19