Baxter (BAX) (CFN) (PLCM) (ELNK) (CMI) (OHI) Ratings, Price Targets

Baxter International Inc. (NYSE: BAX), CareFusion Co. (NYSE: CFN), Polycom (NASDAQ: PLCM), EarthLink (NASDAQ: ELNK), Cummins (NYSE: CMI) and Omega Healthcare Investors, Inc. (NYSE: OHI) ratings and price targets.

Baxter International Inc. (BAX) had its “Overweight” rating reiterated by Morgan Stanley (NYSE:MS).

CareFusion Co. (CFN) had its “Buy” rating reiterated by Citigroup (NYSE:C). They have a price target of $28.00 on the company.

Polycom (PLCM) had its “Neutral” rating reiterated by Goldman Sachs (NYSE:GS). They have a price target of $21.00 on the company.

Stephens initiated coverage on EarthLink (ELNK). They placed an “Overweight” rating on the company.

Cummins (CMI) was downgraded by Standpoint Research from a “Buy” rating to a “Hold” rating.

Omega Healthcare Investors, Inc. (OHI) was downgraded by JMP Securities from an “Outperform” rating to a “Market Perform” rating.

Baxter (BAX) (TRGT) (VISN) (WINN) (CISG) (CPL) Downgraded

Baxter International Inc. (NYSE: BAX), Targacept Inc. (NASDAQ: TRGT), VisionChina Media Inc. (NASDAQ: VISN), Winn-Dixie Stores, Inc. (NASDAQ: WINN), CNinsure Inc. (NASDAQ: CISG) and CPFL Energia SA (NYSE: CPL) were downgraded by analysts.

Targacept Inc. (TRGT) was downgraded by Leerink Swann to a “Market Perform” rating.

VisionChina Media Inc. (VISN) was downgraded by Zacks Investment Research from an “Outperform” rating to a “Neutral” rating.

Winn-Dixie Stores, Inc. (WINN) was downgraded by Jefferies (NYSE:JEF) from a “Buy” rating to a “Hold” rating.

Baxter International Inc. (BAX) was downgraded by RBC Capital to an “Outperform” rating.

CNinsure Inc. (CISG) was downgraded by Zacks Investment Research from an “Outperform” rating to a “Neutral” rating.

CPFL Energia SA (CPL) was downgraded by Zacks Investment Research from an “Outperform” rating to a “Neutral” rating.

Baxter (BAX) (SAP) (SDT) (SOA) (ATHN) (BAS) Ratings, Price Targets

Baxter International Inc. (BAX), SAP Aktiengesellschaft (SAP), SandRidge Mississippian Trust I (SDT), Solutia Inc. (SOA), AthenaHealth (ATHN) and Basic Energy Services (BAS) ratings and price targets.

Bank of America (NYSE:BAC) downgraded SAP Aktiengesellschaft (SAP) to a “Neutral” rating.

Robert W. Baird downgraded SandRidge Mississippian Trust I (SDT) to an “Underperform” rating.

Piper Jaffray (NYSE:PJC) reiterated its “Neutral” on Solutia Inc. (SOA).

Piper Jaffray lowered its price target on AthenaHealth (ATHN) to $57.00.

Dahlman Rose upgraded Basic Energy Services (BAS) from a “Hold” rating to a “Buy” rating. They have a price target of $25.00 on the company.

Piper Jaffray lowered its price target on Baxter International Inc. (BAX) to $66.00.

ZAGG (ZAGG) (DDD) (MT) (BAC) (BAX) (BIG) Ratings Reiterated

ZAGG (NASDAQ:ZAGG), 3D Systems (NYSE:DDD), Arcelor Mittal (NYSE:MT), Bank of America (NYSE:BAC), Baxter (NYSE:BAX) and Big Lots (NYSE:BIG) had rating on them reiterated by analysts.

Northland Securities reiterated its rating on ZAGG (ZAGG). They have an "Outperform" rating on the company, and raised its price target from $20 to $22.

Barclays Capital reiterated its rating on 3D Systems (DDD). They have an "Equal Weight" rating on the company, and cut its price target from $23 to $19.

Deutsche Bank (NYSE:DB) reiterated its rating on Arcelor Mittal (MT). They have a "Hold" rating on the company, and slashed their price target on them from $38.50 to $24.50.

RBC Capital Markets reiterated its rating on Bank of America (NYSE:BAC). They have an "Outperform" rating on the company, and lowered their price target from $12 to $10.

Ticonderoga reiterated its rating on Baxter (NYSE:BAX). They have a "Buy" rating on the company, and raised their price target from $60 to $62.

ZAGG (ZAGG) (BAC) (YHOO) (BAX) (MDCO) (BIG) Price Targets Changed

ZAGG (NASDAQ: ZAGG), Bank of America (NYSE: BAC), Yahoo! Inc. (NASDAQ: YHOO), Baxter International Inc. (NYSE: BAX), The Medicines Company (NASDAQ: MDCO) and Big Lots, Inc. (NYSE: BIG) price targets adjusted by analysts.

ZAGG (ZAGG) had its price target raised by Northland Securities from $20.00 to $22.00. They have an “Outperform” rating on the company.

Bank of America (BAC) had its price target lowered by RBC Capital from $12.00 to $10.00. They have an “Outperform” rating on the company.

Yahoo! Inc. (YHOO) had its price target lowered by UBS AG (NYSE:UBS) to $14.75. They have a “Neutral” rating on the company.

Baxter International Inc. (BAX) had its price target raised by Ticonderoga from $60.00 to $62.00. They have a “Buy” rating on the company.

The Medicines Company (MDCO) had its price target lowered by Argus from $25.00 to $20.00. They have a “Buy” rating on the company.

Big Lots, Inc. (BIG) had its price target raised by Wedbush from $32.00 to $34.00. They have a “Neutral” rating on the company.

Yamana (AUY) (TNP) (A) (MASI) (AMAT) (BAX) Price Targets Changed

Yamana Gold (NYSE: AUY), Tsakos Energy Navigation (NYSE: TNP), Agilent Technologies Inc. (NYSE: A), Masimo Corporation (NASDAQ: MASI), Applied Materials, Inc. (NASDAQ: AMAT) and Baxter International Inc. (NYSE: BAX) price targets adjusted by analysts.

Tsakos Energy Navigation (TNP) had its price target lowered by FBR Capital from $15.00 to $10.00. They have an “Outperform” rating on the company.

Agilent Technologies Inc. (A) had its price target lowered by Stifel Nicolaus from $59.00 to $50.00. They have a “Buy” rating on the company.

Masimo Corp. (MASI) had its price target lowered by Morgan Keegan from $33.00 to $31.00. They have an “Outperform” rating on the company.

Applied Materials, Inc. (AMAT) had its price target lowered by Citigroup (NYSE:C) from $17.00 to $14.00.

Yamana Gold (AUY) had its price target raised by Davenport from $15.00 to $19.00. They have a “Buy” rating on the company.

Baxter International Inc. (BAX) had its price target lowered by Morgan Keegan from $70.00 to $67.00. They have an “Outperform” rating on the company.

Price Targets on (BAX) (COOL) (CSCO) (ESS) Updated

Price targets on Baxter International Inc. (NYSE: BAX), Majesco Entertainment Co. (NASDAQ: COOL), Cisco Systems, Inc. (NASDAQ: CSCO) and Essex Property Trust Inc (NYSE: ESS) were updated by analysts.

UBS AG (NYSE:UBS) raised their price target on Baxter International Inc. (BAX) from $58.00 to $65.00. They have a “buy” rating on the company.

Needham & Company raised their price target on Majesco Entertainment Co. (COOL) from $2.50 to $4.00. They have a “buy” rating on the company.

Barclays Capital cut their price target on Cisco Systems, Inc. (CSCO) from $22.00 to $20.00. They have an “equal weight” rating on the company.

Barclays Capital raised their price target on Essex Property Trust Inc (NYSE: ESS) from $127.00 to $136.00. They have an “overweight” rating on the company.

Dividend Yields for (BAX) (MDT) (BDX) (CAH) (STJ)

Indicated dividend yields for Standard & Poor's 500 Index companies Baxter International Inc (BAX), Medtronic Inc (MDT), Becton Dickinson and Co (BDX), Cardinal Health Inc (CAH) and St Jude Medical Inc. (STJ).

These dividend data indicate dividend yields of companies in the Standard & Poor's 500 Index as of Saturday, April 30. The yield is determined by taking the latest declared dividend, annualized and divided by the price of the stock. Payout ratios are calculated based on latest quarterly dividend paid divided by earnings.

Baxter International Inc (BAX) has a dividend yield of 2.18 percent on a declared dividend of $0.31. The payout ratio is 31.4 percent.

Medtronic Inc (MDT) has a dividend yield of 2.16 percent on a declared dividend of $0.23. The payout ratio is 26.2 percent.

Becton Dickinson and Co (BDX) has a dividend yield of 1.91 percent on a declared dividend of $0.41. The payout ratio is 29.1 percent.

Cardinal Health Inc (CAH) has a dividend yield of 1.78 percent on a declared dividend of $0.20. The payout ratio is 27.2 percent.

St Jude Medical Inc (STJ) has a dividend yield of 1.57 percent on a declared dividend of $0.21. The payout ratio is na.

Paulson Adds Transocean (NYSE:RIG), Anadarko (NYSE:APC), Keeps Core Holdings

As a number of hedge funds and managers of holding companies are revealing their investments in the fourth quarter via 13-F filings with the SEC, a trend is emerging as far as funds and companies holding onto their core assets, while also venturing a little further into energy and financial stocks.

That's true with John Paulson and his fund as well, which kept his top long-term holdings in place, but added big in energy and healthcare.

For energy, he took big stakes in Anadarko Petroleum (NYSE:APC) and Transocean (NYSE:RIG); both connected to BP's (NYSE:BP) oil spill.

Paulson added 7.8 million shares of Anadarko and 7.2 million shares of Transocean to his portfolio. His fund now owns over 21 million shares of Anadarko.

In the health sector, he took new stakes in Medtronic Inc (NYSE:MDT), Teva Pharmaceutical (NASDAQ:TEVA) and Baxter International (NYSE:BAX).

He also boosted his stake in biotechnology firm Genzyme Corp (NASDAQ:GENZ) to 6.8 million shares, which is close to being taken over by France-based Sanofi-Aventis.

Core holdings he continues to hold onto are SPDR Gold Trust (NYSEArca:GLD), AngloGold Ashanti (NYSE:AU), Citigroup (NYSE:C) and Bank of America (NYSE:BAC).

In what appears to be based on Paulson's thoughts people are spending more, he dropped discount retailer (NYSE:FDO) from his holdings and added J. Crew (NYSE:JCG).