Morning Recommendations
- Goldman Sachs: Reiterated Outperform on BLS and DNA.
- Smith Barney: Downgraded NTAP to Sell, target $25.50. Reiterated Outperform on CNF, target $60. Added DUK to Recommended List, while removing MAY. JCP reiterated Buy on JCP, target $63. Reiterated Buy on AET, target $86. Reiterated Buy on WMT, target $65. Said to Buy Semi Equipment stocks on pullback, favorites are AMAT, LRCX, WFR and ATMI.
- JP Morgan: Raised BKS to Overweight, target $41, and added it to its Focus List. Raised SYNC to Overweight. Raised NUE to Overweight. Raised STLD to Overweight. Rated HORC Overweight.
- Piper Jaffray: Rated EMAG Outperform, target $19.
- Jeffries: Raised RSAS to Buy, target $18.50.
- Merrill Lynch: Raised GPS to Buy, target $26. Rated VCG to Buy, target $16.50.
- Legg Mason: Rated VCG Buy, target $16.50.
- CIBC: Raised ELOS to Sector Outperform, target $42.
- CSFB: Rated HLF Outperform, target $20.