DuPont (DFT) (WPX) (NBL) (ANN) (HCA) (FSL) Ratings, Price Targets

DuPont Fabros Technology, Inc. (NYSE: DFT), WPX ENERGY Inc. (NYSE: WPX), Noble Energy (NYSE: NBL), AnnTaylor Stores Corp. (NYSE: ANN), HCA Holdings Inc. (NYSE: HCA) and Freescale Semi (NYSE: FSL) ratings and price targets.

WPX ENERGY Inc. (WPX) is now covered by Barclays Capital (NYSE:BCS). They have an “overweight” rating on the firm.

Noble Energy (NBL) had its price target raised by RBC Capital from $125.00 to $130.00. They have an “outperform” rating on the firm.

AnnTaylor Stores Corp. (ANN) was upgraded by Jefferies Group (NYSE:JEF) from a “hold” rating to a “buy” rating.

HCA Holdings Inc. (HCA) was downgraded by Citigroup (NYSE:C) from a “buy” rating to a “neutral” rating.

Freescale Semi (FSL) was downgraded by Barclays Capital from an “overweight” rating to an “equal weight” rating.

DuPont Fabros Technology, Inc. (DFT) was downgraded by RBC Capital from a “top pick” rating to an “outperform” rating. They have a price target of $32.00 on the firm.

Digital Realty (NYSE:DLR), DuPont Fabros (NYSE:DFT) Downgraded on Supply Risk

UBS (NYSE:UBS) has downgraded Digital Realty Trust (NYSE:DLR) and DuPont Fabros (NYSE:DFT) on supply risk concerns.

UBS said, "We believe the wholesale data center REITs are trading at unsustainably high valuations, despite slowing growth profiles in 2011 (and beyond), accelerating competition from private players, and pricing pressure in the retail channel...Data center obsolescence risks have continued to rise over the past year, as technological innovation is driving the industry toward more power-efficient designs. With high power costs representing a key concern for data center tenants, we expect this to be an ongoing theme over the next several years....

"We are downgrading Digital Realty Trust (from Buy) to Sell as we see 19% downside to our new $40 (-$25) target. DLR has a best-in-class management team and unique platform; that said, the current valuation does not fully reflect the potential downside risk factors, in our view. We are also downgrading DuPont Fabros (from Buy) to Neutral as the stock is trading roughly inline with our new $20 (-$9) target."

Digital Realty Trust closed Friday at $48.32, down $3.42, or 6.61 percent. DuPont Fabros closed at $20.10, down $0.88, or 4.19 percent.

DuPont Fabros Technology (NYSE:DFT) Should Reward Long-term Investors

Patient investors should be rewarded by DuPont Fabros Technology (NYSE:DFT), said FBR Capital after hearing from CFO Mark Wetzel at the FBR Fall Investor Conference.

FBR said, "Following the presentation at the FBR Fall Investor Conference yesterday by Mr. Mark Wetzel, CFO of DuPont Fabros, we continue to believe that the patient investor will be rewarded as leasing momentum (despite lumpy leasing) continues into 2011–2012. The stock is currently trading at a 9.6% discount to NAV; however, our price target applies an 8% premium to NAV. Our $27.00 price target currently implies a potential return of 19.5% from yesterday's closing price of $23.20, warranting an Outperform rating."

DuPont Fabros closed at $22.87 Wednesday, rising $0.28, or 1.24 percent. FBR has a price target of $27 on them. They also maintain their "Outperform" rating on the company.