Boeing (BA) (BMY) (BWA) (CYMI) (FEIC) (HUM) Price Targets Changed

The Boeing Company (NYSE: BA), Bristol Myers Squibb Co. (NYSE: BMY), BorgWarner Inc. (NYSE: BWA), Cymer, Inc. (NASDAQ: CYMI), FEI (NASDAQ: FEIC) and Humana (NYSE: HUM) had price targets adjusted by analysts.

The Boeing Company (BA) had its price target raised by UBS AG (NYSE:UBS) from $72.00 to $72.00.

Bristol Myers Squibb Co. (BMY) had its price target raised by Barclays Capital (NYSE:BCS) from $34.00 to $36.00. They have an “Ooverweight” rating on the company.

BorgWarner Inc. (NYSE: BWA) had its price target lowered by analysts at Barclays Capital from $89.00 to $83.00. They have an “Equal Weight” rating on the company.

Cymer, Inc. (CYMI) had its price target raised by Stifel Nicolaus from $52.00 to $59.00. They have a “Buy” rating on the company.

FEI (FEIC) had its price target raised by Stifel Nicolaus from $44.00 to $49.00. They have a “Buy” rating on the company.

Humana (HUM) had its price target raised by Jefferies Group (NYSE:JEF) to $107.00.

BMC (BMC) (RFMD) (SABA) (RNR) (BA) (BDSI) Ratings, Price Targets

BMC Software, Inc. (NYSE: BMC), RenaissanceRe Holdings Ltd. (NYSE: RNR), RF Micro Device (NASDAQ: RFMD), Saba Software (NASDAQ: SABA), The Boeing Company (NYSE: BA) and BioDelivery Sciences International Inc. (NASDAQ: BDSI) ratings and price targets.

RF Micro Device (RFMD) had its “Buy” rating reiterated by Kaufman Brothers.

Citigroup (NYSE:C) initiated coverage on RenaissanceRe Holdings Ltd. (RNR). They have them on their “Top Picks Live” list with a price target of $85.00 on the company.

Northland Securities initiated coverage on Saba Software (SABA). They placed an "Outperform" rating and a price target of $14.00 on the company.

The Boeing Company (BA) had its “outperform” rating reiterated by Wedbush.

BioDelivery Sciences International Inc. (BDSI) had its “Buy” rating reiterated by Ladenburg Thalmann. They have a price target of $5.00 on the company.

Citigroup initiated coverage on on BMC Software, Inc. (BMC). They have a price target of $36.00 on the company, along with adding the firm to their “Preferred List.”

TJX (TJX) (ULTA) (UNH) (APOL) (AYI) (BA) Price Targets Changed

TJX Companies Inc. (NYSE: TJX), Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA), UnitedHealth Group Inc. (NYSE: UNH), Apollo Group, Inc. (NASDAQ: APOL), Acuity Brands Inc. (NYSE: AYI) and The Boeing Company (NYSE: BA) had price targets on them adjusted by analysts.

TJX Companies Inc. (TJX) had its price target raised by RBC Capital from $66.00 to $71.00. They have an “Outperform” rating on the company.

Ulta Salon, Cosmetics & Fragrance, Inc. (ULTA) had its price target raised by RBC Capital from $76.00 to $78.00. They have a “Sector Perform” rating on the company.

UnitedHealth Group Inc. (UNH) had its price target raised by Stifel Nicolaus from $55.00 to $65.00. They have a “Buy” rating on the company.

Apollo Group, Inc. (APOL) had its price target raised by JPMorgan Chase & Co. (NYSE:JPM) to $61.00.

Acuity Brands Inc. (AYI) had its price target raised by Kaufman Brothers from $39.00 to $51.00. They have a “Hold” rating on the company.

The Boeing Company (BA) had its price target raised by JPMorgan Chase & Co. to $85.00.

Boeing (BA) (NOC) Lands $3.5 Billion Contract

Shares of Boeing Co. (NYSE:BA) and Northrop Grumman Corp. (NYSE:NOC) could be poised to jump today after news on Friday the two were awarded a contract worth $3.5 billion from the Defense Department of the United States. The contract extends over a period of seven years.

Losing out in the deal are Lockheed Martin Corp. (NYSE:LMT) and Raytheon Co. (NYSE:RTN), which were battling Boeing and Northrup to land the deal.

The contract is for the purpose of developing, testing, engineering and manufacturing antimissile systems.

Northrop Grumman closed Friday at $58.48, dropping $0.41, or 0.70 percent. Boeing closed at $73.35, falling $0.76, or 1.03 percent.

Boeing (BA) (VRA) (WCN) (WDC) (ARBA) (ARO) Ratings, Price Targets

The Boeing Company (BA), Vera Bradley, Inc. (VRA), Waste Connections, Inc. (WCN), Western Digital (WDC), Ariba, Inc. (ARBA) and Aeropostale, Inc. (ARO) ratings and price targets.

Piper Jaffray (NYSE:PJC) reiterated its “Overweight” rating on Vera Bradley, Inc. (VRA).

Wedbush lowered its price target on Waste Connections, Inc. (WCN) to $37.00.

Brean Murray raised its price target on Western Digital (WDC) to $31.00.

Oppenheimer upgraded Ariba, Inc. (ARBA) from a “Perform” rating to an “Outperform” rating. They have a price target of $36.00 on the company.

Brean Murray reiterated its “Buy” rating on Aeropostale, Inc. (ARO).

Sterne Agee initiated coverage on The Boeing Company (BA). They placed a “Buy” rating and a price target of $82.00 on the company.

Boeing (BA) (PETM) (PM) (TYC) (APL) (ASEN) Price Targets Changed

The Boeing Company (NYSE: BA), Petsmart Inc. (NASDAQ: PETM), Philip Morris (NYSE: PM), Tyco International Ltd (NYSE: TYC), Atlas Pipeline Partners, L.P. (NYSE: APL) and American Standard Energy (NASDAQ: ASEN) had their price targets adjusted by analysts.

The Boeing Company (BA) had its price target raised by Citigroup (NYSE:C) to $82.00.

Petsmart Inc. (PETM) had its price target raised by Barclays Capital from $45.00 to $50.00. They have an “Equal Weight” rating on the company.

Philip Morris (PM) had its price target raised by Barclays Capital from $77.00 to $82.00. They have an “Overweight” rating on the company.

Tyco International Ltd (TYC) had its price target raised by Barclays Capital from $48.00 to $50.00. They have an “Equal Weight” rating on the company.

Atlas Pipeline Partners, L.P. (APL) had its price target raised by Citigroup to $40.00.

American Standard Energy (ASEN) had its price target lowered by Northland Securities from $14.00 to $9.00. They have an “Outperform” rating on the company.

Boeing (BA) (VAR) (VOLC) (WFM) (BAH) (BDX) EPS Changes

Boeing Company (NYSE: BA), Varian Medical Systems (NYSE: VAR), Volcano (NASDAQ: VOLC), Whole Foods Market (NYSE: WFM), Booz Allen Hamilton Holding Co. (NYSE: BAH) and Becton Dickinson And Co. (NYSE: BDX) had their EPS estimates adjusted by analysts.

The Boeing Company (BA) had its EPS estimates cut by UBS AG (NYSE:UBS). They have a “Neutral” rating and a price target of $66.00 on the company.

Varian Medical Systems (VAR) had its EPS estimates raised by UBS AG. They have a “Neutral” rating and a price target of $62.00 on the company.

Volcano (VOLC) had its EPS estimates cut by UBS AG. They have a “Buy” rating on the company.

Whole Foods Market (WFM) had its EPS estimates raised by Morgan Stanley (NYSE:MS). They have an “Equal Weight” rating on the company.

Booz Allen Hamilton Holding Co. (BAH) had its EPS estimates cut by Credit Suisse (NYSE:CS). They have a “Neutral” rating and a price target $17.00 on the company.

Becton Dickinson And Co. (BDX) had its EPS estimates cut by Citigroup (NYSE:C). They have a “Neutral” rating and a price target of $79.00 on the company.

Boeing (BA) (UMBF) (BIIB) (URBN) (VIA-B) (ANF) Ratings Reiterated

The Boeing Company (NYSE: BA), UMB Financial Co. (NASDAQ: UMBF), Biogen Idec Inc. (NASDAQ: BIIB), Urban Outfitters, Inc. (NASDAQ: URBN), Viacom, Inc. (NASDAQ: VIA-B) and Abercrombie & Fitch (NYSE: ANF) had ratings on them reiterated by analysts.

Citigroup (NYSE:C) reiterated its "Buy" rating on The Boeing Company (BA). They have a price target of $78.00 on the company.

Sterne Agee reiterated its "Buy" rating on UMB Financial Co. (UMBF). They have a price target of $43.00 on the company.

Deutsche Bank reiterated its "Buy" rating on Biogen Idec Inc. (BIIB). They have a price target of $129.00 on the company.

Deutsche Bank (NYSE:DB) reiterated its "Buy" rating on Urban Outfitters, Inc. (URBN). They have a price target of $31.00 on the company.

Wunderlich reiterated its "Buy" rating on Viacom, Inc. (VIA-B). They have a price target of $60.00 on the company.

Deutsche Bank reiterated its "Hold" rating on Abercrombie & Fitch (ANF). They have a price target of $71.00 on the company.

PulteGroup (PHM) (MIPS) (BA) (BBT) (COCO) Upgraded

PulteGroup, Inc. (NYSE: PHM), MIPS Technologies, Inc. (NASDAQ: MIPS), The Boeing Company (NYSE: BA), BB&T (NYSE: BBT) and Corinthian Colleges, Inc. (NASDAQ: COCO) upgraded by analysts.

PulteGroup, Inc. (PHM) was upgraded by Ticonderoga Securities from a “Neutral” rating to a “Buy” rating. They have a price target of $6.50 on the company. They cited valuation as the catalyst behind the call.

MIPS Technologies, Inc. (MIPS) was upgraded by Capstone from a “Hold” rating to a “Buy” rating.

The Boeing Company (BA) was upgraded by Nomura from a “Reduce” rating to a “Neutral” rating.

BB&T (BBT) was upgraded by Macquarie from an “Underperform” rating to a “Neutral” rating.

Corinthian Colleges, Inc. (COCO) was upgraded by Gabelli to a “Buy” rating.

Murphy Oil (MUR) (CLF) (ARLP) (BA) (COP) (CP) (EXC) Price Targets Changed

Murphy Oil Corp (NYSE: MUR), Cliffs Natural Resources Inc (NYSE: CLF), Alliance Resource (NASDAQ: ARLP), The Boeing Company (NYSE: BA), ConocoPhillips (NYSE: COP), Canadian Pacific Railway Limited (NYSE: CP) and Exelon Co. (NYSE: EXC) had price targets on them adjusted.

Murphy Oil Corp. (MUR) had its price target lowered by UBS AG (NYSE:UBS) from $72.00 to $68.00. They have a “Neutral” rating on the company.

Alliance Resource (ARLP) had its price target raised by Deutsche Bank (NYSE:DB) from $75.00 to $80.00. They have a “Hold” rating on the company.

The Boeing Company (BA) had its price target raised by Goldman Sachs (NYSE:GS) to $96.00. They have a “Buy” rating on the company.

Cliffs Natural Resources Inc. (CLF) had its price target slashed by UBS AG to $122.00. They have a “buy” rating on the company.

ConocoPhillips (COP) had its price target lowered by UBS AG from $80.00 to $77.00. They have a “Neutral” rating on the company.

Canadian Pacific Railway Limited (CP) had its price target raised by Barclays Capital from $70.00 to $73.00. They have an “Underweight” rating on the company.

Exelon Co. (EXC) had its price target raised by Jefferies (NYSE:JEF) to $49.50.

American Airlines (AMR) Orders 460 New Planes, Options on 465 More

After reporting a dismal quarter where the company lost $286 million, AMR Corporation announced they've ordered 460 new planes from Boeing and Airbus, which will come with more fuel efficient engines.

AMR ordered 200 from Boeing (NYSE:BA), with an option for 100 more, and 260 from Airbus, with an option for 365 more. American Airlines will acquire the planes over a five-year period.

At this time American Airlines is considered to have among the worst planes as far as mileage goes; the major reason for its poor performance.

AMR's Chairman and CEO Gerard Arpey said in a statement that American "expects to have the youngest and most fuel-efficient fleet among our peers in the U.S. industry within five years."

Even with higher revenue based on higher fees and fares, it wasn't enough to overcome the boost in American's fuel bill, which soared 33 percent in the quarter, rising over $547 million from the same quarter in 2010.

Much of this if because of the McDonnell Douglas MD-80 aircraft, one of the worst as far as fuel efficiency among aircraft. The over age of planes used by American Airlines at this time stands close to 15 years in age. They'll receive delivery of both planes in 2013.

In the short term this will mean the company will continue to struggle in a significant way.

In other news, AMR Corp. said they are going to spin off its American Eagle subsidiary as a separate company.

AMR was trading at $5.11, gaining $0.18, or 3.65 percent, as of 8:46 AM EDT. Boeing was trading at $70.53, level with the close on Tuesday.

Price Targets on (BA) (CLF) (CRM) (DLTR) (FLO) Updated

Price targets on shares of The Boeing Company (NYSE: BA), Cliffs Natural Resources Inc (NYSE: CLF), Salesforce.com (NYSE: CRM), Dollar Tree Inc (NASDAQ: DLTR) and Flowers Foods, Inc. (NYSE: FLO) were updated by analysts.

JPMorgan Chase & Co. (NYSE:JPM) raised their price target on The Boeing Company (BA) to $85.00.

Morgan Stanley (NYSE:MS) raised their price target on Cliffs Natural Resources Inc (CLF) to $70.00.

Wedbush raised their price target on Salesforce.com (CRM) to $170.00.

Feltl & Co. raised their price target on Dollar Tree Inc ( DLTR) from $69.00 to $83.00. They have a “strong buy” rating on the company.

Longbow Research raised their price target on Flowers Foods, Inc. (FLO) from $35.00 to $37.00. They have a “buy” rating on the company.

Ratings on (BA) (CWTR) (DELL) (GCO) (HD) Reiterated

Ratings on The Boeing Company (NYSE: BA), Coldwater Creek Inc. (NASDAQ: CWTR), Dell Inc. (NASDAQ: DELL), Genesco Inc (NYSE: GCO) and Home Depot (NYSE: HD) reiterated by analysts.

Wedbush reiterated an “outperform” rating on The Boeing Company (BA). They have a price target of $91.00 on the company.

Jefferies (NYSE:JEF) reiterated a “buy” rating on Coldwater Creek Inc. (CWTR).

Bank of America (NYSE:BAC) reiterated a “buy” rating on Dell Inc. (DELL).

Sterne Agee reiterated a “buy” rating on Genesco Inc (GCO).

Wall Street Strategies reiterated a “buy” rating on Home Depot (HD). They have a price target of $44.00 on the company.

Ratings on (AMZN) (BA) (BEXP) (CRNT) (CSA) Reiterated

Ratings on Amazon.com, Inc. (NASDAQ: AMZN), Boeing Company (NYSE: BA), Brigham Exploration (NASDAQ: BEXP), Ceragon Networks Ltd. (NASDAQ: CRNT) and Cogdell Spencer Inc (NYSE: CSA) reiterated by analysts.

Benchmark Co. placed a price target of $212.00 on Amazon.com, Inc. (AMZN). They have a “buy” rating on the company.

EarlyBird Capital reiterated a “buy” rating on The Boeing Company (BA). They have a price target of $90.00 on the company.

BMC Equities Research reiterated a “buy” rating on Cogdell Spencer Inc (CSA). They have a price target of $19.00 on the company.

Global Hunter Securities reiterated an “accumulate” rating on Brigham Exploration (BEXP).

Hudson Securities reiterated a “buy” rating on Ceragon Networks Ltd. (CRNT).

Dividend Yields for (BA) (SNA) (TYC) (GWW) (ITT)

Indicated dividend yields for Standard & Poor's 500 Index companies Boeing Co (BA), Snap-On Inc (SNA), Tyco International Ltd (TYC), WW Grainger Inc (GWW) and ITT Corp (ITT).

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.

Boeing Co (BA) has a dividend yield of 2.11 percent on a declared dividend of $0.42. The payout ratio is 53.1 percent.

Snap-On Inc (SNA) has a dividend yield of 2.07 percent on a declared dividend of $0.32. The payout ratio is 33.6 percent.

Tyco International Ltd (TYC) has a dividend yield of 2.05 percent on a declared dividend of $0.25. The payout ratio is 37.0 percent.

WW Grainger Inc (GWW) has a dividend yield of 1.74 percent on a declared dividend of $0.66. The payout ratio is 36.7 percent.

ITT Corp (ITT) has a dividend yield of 1.73 percent on a declared dividend of $0.25. The payout ratio is 36.7 percent.

Upgrades for Boeing (BA) (ABMD) (ASTE) (BRY) (CL) Ratings

Analysts upgraded Abiomed (NASDAQ: ABMD), Astec Industries, Inc. (NASDAQ: ASTE), The Boeing Company (NYSE: BA), Berry Petroleum (NYSE: BRY) and Colgate-Palmolive Company (NYSE: CL) today.

Robert W. Baird upgraded Abiomed (ABMD) from a “neutral” rating to an “outperform” rating. They have a price target of $20.00 on the company, up from $16.00.

Barrington Research upgraded Astec Industries, Inc. (ASTE) from a “market perform” rating to an “outperform” rating. They have a price target of $50.00 on the company.

HSBC upgraded The Boeing Company (BA) from an “underweight” rating to a “neutral.”

Global Hunter Securities upgraded Berry Petroleum Comp (BRY) from an “accumulate” rating to a “buy” rating. They have a price target of $63.00 on the company, up from $55.00.

Deutsche Bank (NYSE:DB) upgraded Colgate-Palmolive Company (CL) from a “hold” rating to a “buy” rating. They have a price target of $92.00 on the company.

Price Targets on (BA) (ARW) (BDC) (BDX) (BHI) Raised

Price Targets on Boeing Company (NYSE: BA), Arrow Electronics, Inc. (NYSE: ARW), Belden (NYSE: BDC), Becton Dickinson And Co (NYSE: BDX) and Baker Hughes (NYSE: BHI) raised by analysts.

Wedbush raised their price target on Boeing Company (BA) from $88.00 to $91.00. They have an “outperform” rating on the company.

Brean Murray raised their price target on Arrow Electronics, Inc. (ARW) from $48.00 to $55.00. They have a “buy” rating on the company.

Longbow Research raised their price target on Belden (BDC) from $42.00 to $46.00. They have a “buy” rating on the company.

Deutsche Bank (NYSE:DB) raised their price target on Becton Dickinson And Co (BDX) from $86.00 to $88.00. They have a “hold” rating on the company.

RBC Capital raised their price target on Baker Hughes (BHI) from $83.00 to $90.00. They have an “outperform” rating on the company.

Price Targets on (AKAM) (ARW) (ASH) (BA) (BDC) Changed

Price Targets on Akamai Technologies (NASDAQ: AKAM), Arrow Electronics, Inc. (NYSE: ARW), Ashland Inc. (NYSE: ASH), Boeing Company (NYSE: BA) and Belden (NYSE: BDC) changed by analysts.

FBR Capital cut their price target on Akamai Technologies (AKAM) from $44.00 to $40.00. They have a “market perform” rating on the company.

Longbow Research analysts raised their price target on Arrow Electronics, Inc. (ARW) from $49.00 to $54.00. They have a “buy” rating on the company.

Hilliard Lyons raised their price target on Ashland Inc. (ASH) from $70.00 to $75.00. They have a “long-term buy” rating on the company.

RBC Capital raised their price target on Boeing Company (BA) from $83.00 to $90.00. They have an “outperform” rating on the company.

Stifel Nicolaus raised their price target on Belden (BDC) from $42.00 to $44.50. They have a “buy” rating on the company.

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.

Boeing (BA) (GE) (UTX) and Middle East Unrest

A report from Bloomberg earlier in the day that 40 percent of estimated orders from Airbus could be wiped out from unrest in the Middle East, misses another big part of the picture, and that is the negative effect it would also have on Boeing (NYSE:BA), and by extension, Boeing suppliers like General Electric (NYSE:GE) and United Technologies (NYSE:UTX).

While it's likely changes in government in Egypt and Tunisia, and possibly in Yemen, Syria, Bahrain, and Libya, could hurt Airbus's short-term performance. Boeing (NYSE:BA) investors specifically (and those in related plays on Boeing suppliers such as General Electric and United Technologies, should also keep in mind that bad news for Airbus isn't necessarily great news for Boeing, since the U.S. aerospace giant is looking for big orders in Arabia as well.

The bottom line is the unrest isn't good news for aircraft producers and their suppliers, although some, like Airbus, could be impacted in the short term more than others.

Boeing was trading at $73.80, gaining $0.33, or 0.45 percent, as of 1:41 PM EDT.