Wednesday, May 28, 2014

Analysts' Actions: Hillshire, Dollar General, DreamWorks, Twitter

NEW YORK (TheStreet) -- RATINGS CHANGES Apollo Global Management was downgraded to sell at TheStreet Ratings. Andersons was upgraded at BMO Capital to outperform. Twelve-month price target is $56. Expect company fundamentals to bottom in the third quarter, BMO Capital said. Auxilium was upgraded at MKM Partners to buy. Twelve-month price target is $26. Stock is down 30% since March, but Testim appears to have stabilized and Stendra is showing continued growth, MKM Partners said. Autozone was upgraded at Gabelli to buy from hold. Company deserves a premium valuation, despite inventory concerns, Gabelli said. [Read: Where Twitter's Users Are Going to Come From] Dollar General was downgraded at Deutsche Bank to hold from buy. Twelve-month price target is $60. Company faces headwinds to continued future growth, Deutsche Bank said. DreamWorks was upgraded at Topeka Capital to hold from sell. Valuation call, based on a 12-month price target of $25, Topeka Capital said. Hawaiian was upgraded to buy at TheStreet Ratings. [Read: How the iPad Can Get Even Bigger] Hillshire was downgraded at BMO Capital to market perform from outperform. Twelve-month price target is $49. Valuation call, following the bid from Pilgrim's Pride , BMO Capital said. Hillshire was downgraded at Gabelli to hold from buy. Risk/reward is more even, following the latest takeover bid, Gabelli said. Lowe's was downgraded at Canaccord Genuity to sell from hold. Twelve-month price target is $37. Valuation call, as the stock is up 88% over the past two years, Canaccord Genuity said. Live Nation downgraded at Sterne Agee to Neutral. Valuation call, based on a 12-month price target of $26.50, Sterne Agee said. [Read: The New Rules for Booking a Hotel Room] Twitter was upgraded at Nomura to buy. Twelve-month price target is $43. Estimates were also increased, given higher expected sales per user and margins, Nomura said. Williams-Sonoma was upgraded at Piper Jaffray to overweight from neutral. Twelve-month price target is $85. Company is using technology to drive improved customer service, Piper Jaffray said. Editor's note: To see analysts' stock comments and changes to price targets and earnings estimates, go to "Street Notes" which is available only to Real Money subscribers. To find out how to become a subscriber, please click here. Follow TheStreet on Twitter and become a fan on Facebook. >>Read More: Greenberg: Why Kors Is Red-Flagged >>Read More: Equity Pullback in the Cards, but Outlook Will Brighten Later This Year


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