Cisco (CSCO) (URI) (BAGL) (BEAV) (GT) (HCP) Downgraded

Cisco Systems, Inc. (NASDAQ: CSCO), United Rentals, Inc. (NYSE: URI), Einstein Noah Restaurant Group, Inc. (NASDAQ: BAGL), BE Aerospace (NASDAQ: BEAV), Goodyear (NYSE: GT) and HCP, Inc. (NYSE: HCP) downgraded by analysts.

United Rentals, Inc. (URI) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.

Einstein Noah Restaurant Group, Inc. (BAGL) was downgraded by Oppenheimer from an “Outperform” rating to a “Perform” rating.

BE Aerospace (BEAV) was downgraded by RBC Capital to an “Outperform” rating.

Cisco Systems, Inc. (CSCO) was downgraded by Pacific Crest from a “Sector Perform” rating to an “Underperform” rating.

Goodyear (GT) was downgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Sell” rating.

HCP, Inc. (HCP) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target $36.00 on the company.

Motorola Mobility (MMI) (LO) (BEAV) (ROP) (LPS) EPS Estimates Changed

Motorola Mobility (NYSE: MMI), Lorillard Inc. (NYSE: LO), BE Aerospace (NASDAQ: BEAV), Roper Industries Inc (NYSE: ROP) and Lender Processing Services Incorporated (NYSE: LPS) EPS estimates adjusted by analysts.

Jefferies (NYSE:JEF) boosted its EPS estimate on BE Aerospace (BEAV). They have a “Buy” rating and a price target of $48.00 on the company.

UBS AG (NYSE:UBS) lowered its EPS estimate on Lorillard Inc. (LO). They have a “Buy” rating and a price target of $124.00 on the company.

Goldman Sachs (NYSE:GS) lowered its EPS estimates on Lender Processing Services Incorporated (LPS). They have a “Neutral” rating and a price target of $21.00 on the company.

Barclays Capital cut its EPS estimates on Motorola Mobility (MMI). They have an “Overweight” rating and a price target of $33.00 on the company.

Goldman Sachs (NYSE:GS) raised its EPS estimates on Roper Industries Inc (ROP). They have a “Neutral” rating and a price target of $101.00 on the company.

ITT (ESI) (BEAV) (CBE) (KMB) (NFLX) EPS Adjusted by Goldman (GS)

Goldman Sachs (NYSE:GS) changed their EPS estimates on BE Aerospace (NASDAQ: BEAV), Cooper Industries PLC (NYSE: CBE), ITT Educational Services Inc (NYSE: ESI), Kimberly Clark Corp (NYSE: KMB) and Netflix, Inc. (NASDAQ: NFLX), with all but Kimberly Clark Corp getting upwardly revised.

Goldman Sachs (GS) raised its EPS on shares of BE Aerospace (BEAV). They have a “Buy” rating with a $48.00 price target on the company.

Goldman raised its EPS on shares of Cooper Industries PLC (CBE). They have a “Neutral” rating with a price target of $70.00 on the firm.

Goldman Sachs raised its EPS on ITT Educational Services Inc (ESI). They have a “Neutral” rating with a $83.00 price target on the stock.

It also cut its EPS estimates on Kimberly Clark Corp (KMB). They have a “Sell” rating with a price target of $64.00 on the company.

Goldman boosted its EPS on Netflix, Inc. (NFLX). They have a “Buy” rating and a price target of $300.00 on NFLX.

Microsoft (MSFT) (BEAV) (OTEX) (SFSF) (VECO) PTs Boosted

The shares of Microsoft Corp (NASDAQ: MSFT), BE Aerospace (NASDAQ: BEAV), Open Text (NASDAQ: OTEX), SuccessFactors, Inc. (NASDAQ: SFSF) and Veeco Instruments Inc. (NASDAQ: VECO) were all boosted April 26 by several analysts.

RBC Capital raised their price target on BE Aerospace (BEAV) from $46.00 to $48.00. They have a “Top Pick” rating on the company.

Morgan Stanley (NYSE:MS) boosted its price target on Microsoft Corp (MSFT) to $32.00. They have an “Overweight” rating on the software giant.

Wedbush raised their price target on Open Text (OTEX) from $55.00 to $65.00. They have a “Neutral” rating on the OTEX.

RBC Capital increased its price target on SuccessFactors, Inc. (SFSF) from $35.00 to $40.00. They have an “Outperform” rating on them.

Kaufman Brothers raised its price target on Veeco Instruments Inc. (VECO) from $55.00 to $60.00. They have a “Buy” rating on the firm.

Goldman (GS) Likes (ERJ) (PCP) (BA) (BEAV) (UTX) (GE) in Aerospace

Citing demand from China, Goldman Sachs said they like the Aerospace sector and named their favorite public companies in the space as Embraer SA (NYSE: ERJ), Precision Castparts Corp. (NYSE: PCP), Boeing Co. (NYSE: BA), BE Aerospace Inc. (NASDAQ: BEAV), United Technologies (NYSE: UTX) and General Electric (NYSE: GE).

Goldman mentioned they had underestimated the growing civil aerospace industry in China, saying, "We believe China will deliver its first narrow body aircraft in 5-8 years, and its first domestically produced aero engine and its first wide body aircraft in 10-20 years. This is a longer-term concern for Western air-framers and their suppliers but is an issue they are considering now."

China now accounts for about 15 percent of the annual deliveries of large aircraft from manufacturers Boeing and Airbus. This is estimated to grow to 20 percent over the next couple of decades, as China is looking to acquire about 4,00 new large commercial planes during that time.

The growing middle class in China is the fuel behind the growing travel demand.

Other companies mentioned by Goldman that they like are Safran, MTU, Cathay Pacific, China Eastern, and Shanghai International Airport.