FedEx (FDX) (PNRA) (QCOR) (GLW) (KCP) (NVS) (PHM) Ratings, Price Targets

FedEx (NYSE: FDX), Panera Bread Company (NASDAQ: PNRA), Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR), Corning Inc. (NYSE: GLW), Kenneth Cole Productions (NYSE: KCP), Novartis (NYSE: NVS) and PulteGroup, Inc. (NYSE: PHM) had ratings and price targets on them adjusted by analysts.

Panera Bread Company (PNRA) had its price target raised by Oppenheimer (NYSE:OPY) from $150.00 to $175.00. They have an “Outperform” rating on the company.

Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR) had its price target lowered by Ladenburg Thalmann from $51.00 to $46.00. They have a “Buy” rating on the company.

FedEx (FDX) was upgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to a “Buy” rating.

Corning Inc. (GLW) was upgraded by Piper Jaffray (NYSE:PJC) from a “Neutral” rating to an “Overweight” rating. They have a price target of $16.00 on the company.

Kenneth Cole Productions (KCP) was upgraded by Sterne Agee from a “Neutral” rating to a “Buy” rating.

Novartis (NVS) was downgraded by Bank of America to an “Underperform” rating.

PulteGroup, Inc. (PHM) was downgraded by Raymond James (NYSE:RJF) from an “Outperform” rating to a “Market Perform” rating.

PHH Co. (PHH) (ANGO) (INFI) (IR) (EWBC) (FDX) Ratings, Price Targets

PHH Co. (NYSE: PHH), AngioDynamics (NASDAQ: ANGO), Infinity Pharmaceuticals Inc. (NASDAQ: INFI), Ingersoll-Rand (NYSE: IR), East West Bancorp Inc. (NASDAQ: EWBC) and FedEx (NYSE: FDX) ratings and price targets.

AngioDynamics (ANGO) had its “Buy” rating reiterated by Canaccord Genuity.

Infinity Pharmaceuticals Inc. (INFI) is now covered by Rodman & Renshaw. They placed a “Market Perform” rating on the company.

Ingersoll-Rand (IR) is now covered by Morgan Stanley (NYSE:MS). They placed an “Overweight” rating and a price target of $39.00 on the company.

East West Bancorp Inc. (EWBC) had its price target raised by Sterne Agee to $23.00.

FedEx (FDX) had its price target raised by HSBC (NYSE:HBC) from $82.00 to $90.00. They have a “Neutral” rating on the company.

PHH Co. (PHH) had its price target lowered by Sterne Agee to $20.00.

FedEx (FDX) (BG) (JCP) (SNDK) (GS) (BUD) Ratings, Price Targets

FedEx (NYSE:FDX), Bunge (NYSE:BG), J.C. Penney (NYSE:JCP), SanDisk (NASDAQ:SNDK), Goldman Sachs (NYSE:GS) and Anheuser-Busch InBev (NYSE:BUD) ratings and price targets.

Wells Fargo (NYSE:WFC) initiated coverage on FedEx (FDX). They have an "Outperform" rating on the firm.

Piper Jaffray initiated coverage on Bunge (BG). They have an "Neutral" rating on the firm.

J.C. Penney (JCP) was upgraded by Macquarie from a "Neutral" rating to an "Outperform" rating.

SanDisk (SNDK) was upgraded by Sterne Agee from a "Neutral" rating to a "Buy" rating. They have a price target of $57.00 on the firm.

Goldman Sachs (GS) was downgraded by Wells Fargo from an "Outperform" rating to a "Market Perform" rating.

Anheuser-Busch InBev (BUD) was downgraded by ING Group from a "Buy" rating to a "Hold" rating.

FedEx (FDX) (DNDN) (EXC) (CCL) (BAX) (ESV) Ratings, Price Targets

FedEx (NYSE: FDX), Dendreon Co. (NASDAQ: DNDN), Exelon Co. (NYSE: EXC), Carnival Co. (NYSE: CCL), Baxter International Inc. (NYSE: BAX) and ENSCO PLC (NYSE: ESV) ratings and price targets.

Dendreon Co. (DNDN) had its “Neutral” rating reiterated by Goldman Sachs (NYSE:GS).

Exelon Co. (EXC) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.

Carnival Co. (CCL) had its “Neutral” rating reiterated by Zacks Investment Research. They have a price target of $35.00 on the company.

Baxter International Inc. (BAX) is now covered by Dougherty & Co. They have a “Neutral” rating on the company.

ENSCO PLC (ESV) is now covered by Global Hunter Securities. They have a “Buy” rating on the company.

FedEx (FDX) is now covered by Wells Fargo & Co. (NYSE:WFC). They have an “Outperform” rating on the company.

FedEx (FDX) (PHH) (PRGS) (RECN) (SONC) (END) Price Targets Changed

FedEx (NYSE: FDX), PHH Co. (NYSE: PHH), Progress Software (NASDAQ: PRGS), Resources Connection, Inc. (NASDAQ: RECN), Sonic Co. (NASDAQ: SONC) and Endeavour International Co. (NYSE: END) had price targets on them adjusted by analysts.

FedEx (FDX) had its price target raised by HSBC (NYSE:HBC) from $82.00 to $90.00. They have a “Neutral” rating on the company.

PHH Co. (PHH) had its price target lowered by Sterne Agee to $20.00.

Progress Software (PRGS) had its price target lowered by Benchmark Co. from $25.00 to $23.00. They have a “Buy” rating on the company.

Resources Connection, Inc. (NASDAQ: RECN) had its price target lowered by analysts at Deutsche Bank to $9.00.

Sonic Co. (SONC) had its price target lowered by Piper Jaffray (NYSE:PJC) to $11.00.

Endeavour International Co. (END) had its price target raised by Wunderlich to $18.00.

FedEx (FDX) (MELA) (PTX) (ERIC) (EXBD) (HTLD) Ratings, Price Targets

FedEx (NYSE: FDX), MELA Sciences Inc. (NASDAQ: MELA), Pernix Therapeutics Holdings Inc. (NYSE: PTX), Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), The Corporate Executive Board Company (NASDAQ: EXBD) and Heartland Express, Inc. (NASDAQ: HTLD) ratings and price targets.

MELA Sciences Inc. (MELA) had its “buy” rating reiterated by Needham & Company.

Pernix Therapeutics Holdings Inc. (PTX) is now covered by Canaccord Genuity. They have a “buy” rating and a price target of $15.00 on the firm.

FedEx (FDX) had its price target raised by HSBC (NYSE:HBC) from

$82.00 to $90.00. They have a “neutral” rating on the firm.

Telefonaktiebolaget LM Ericsson (ERIC) was downgraded by Credit Suisse (NYSE:CS) from an “outperform” rating to a “neutral” rating.

The Corporate Executive Board Company (EXBD) was downgraded by Bank of America (NYSE:BAC) from a “buy” rating to an “underperform” rating.

Heartland Express, Inc. (HTLD) was upgraded by RBC Capital from an “underperform” rating to a “sector perform” rating. They have a $16.00 price target on the firm, up from $14.00.

FedEx (FDX) (COO) (ATHN) (FLS) (RGLD) (RIMM) Price Targets Changed

FedEx (NYSE: FDX), The Cooper Companies, Inc. (NYSE: COO), AthenaHealth (NASDAQ: ATHN), Flowserve Corp. (NYSE: FLS), Royal Gold, Inc. (NASDAQ: RGLD) and Research In Motion (NASDAQ: RIMM) had price targets on them adjusted by analysts.

FedEx (FDX) had its price target raised by Jefferies (NYSE:JEF) to $113.00.

The Cooper Companies, Inc. (COO) had its price target raised by Morgan Keegan to $80.00.

AthenaHealth (ATHN) had its price target lowered by Jefferies to $50.00.

Flowserve Corp. (FLS) had its price target lowered by Jefferies to $131.00.

Royal Gold, Inc. (RGLD) had its price target lowered by analysts at MLV & Co from $97.00 to $93.00. They have a “Buy” rating on the company.

Research In Motion (RIMM) had its price target lowered by JPMorgan Chase & Co. (NYSE:JPM) to $14.00.

Momenta (MNTA) (MNI) (INTC) (MRT) (FDX) (HAE) (HPQ) Ratings Reiterated

Momenta Pharmaceuticals, Inc. (NASDAQ: MNTA), The McClatchy Company (NYSE: MNI), Intel (NASDAQ: INTC), Morton’s Restaurant Group, Inc. (NYSE: MRT), FedEx (NYSE: FDX), Haemonetics Co. (NYSE: HAE) and Hewlett-Packard (NYSE: HPQ) had ratings on them reiterated by analysts.

Benchmark Co. reiterated its "Hold" rating on The McClatchy Company (MNI).

Canaccord Genuity reiterated its "Buy" rating on Momenta Pharmaceuticals, Inc. (MNTA).

Rodman & Renshaw reiterated its "Outperform" rating on Intel (INTC). They have a price target of $27.00 on the company.

Piper Jaffray (NYSE:PJC) reiterated its "Overweight" rating on Morton’s Restaurant Group, Inc. (MRT). They have a price target of $9.00 on the company.

Jefferies (NYSE:JEF) reiterated its "Buy" rating on FedEx (FDX). They have a price target of $110.00 on the company.

Zacks Investment Research reiterated its "Neutral" rating on Haemonetics Co. (HAE). They have a price target of $62.00 on the company.

Jefferies reiterated its "Buy" rating on Hewlett-Packard (HPQ).

FedEx (FDX) (DNKN) (EXLS) (FLT) (IRIS) (ITW) Ratings Reiterated

FedEx (NYSE: FDX), Dunkin Brands (NASDAQ: DNKN), ExlService Holdings, Inc. (NASDAQ: EXLS), FleetCor Technologies, Inc. (NYSE: FLT), IRIS International, Inc. (NASDAQ: IRIS) and Illinois Tool Works Inc. (NYSE: ITW) had ratings on them reiterated by analysts.

Barclays Capital reiterated its "Equal Weight" rating on Dunkin Brands (DNKN).

Goldman Sachs (NYSE:GS) reiterated its "Neutral" rating on ExlService Holdings, Inc. (EXLS).

Barclays Capital reiterated its "Overweight" rating on FedEx (FDX).

Goldman Sachs reiterated its "Neutral" rating on FleetCor Technologies, Inc. (FLT).

Benchmark Co. reiterated its "Hold" rating on IRIS International, Inc. (IRIS).

Barclays Capital reiterated its "Equal Weight" rating on Illinois Tool Works Inc. (ITW).

FedEx (FDX) (MSCC) (NE) (IGT) (INSP) Ratings Reiterated

FedEx (NYSE: FDX), Microsemi Corporation (NASDAQ: MSCC), Noble Corp. (NYSE: NE), International Game Technology (NYSE: IGT) and Infospace Inc. (NASDAQ: INSP) had ratings on them reiterated by analysts.

FBR Capital reiterated its "Outperform" rating on Microsemi Corporation (MSCC).

Jefferies (NYSE:JEF) reiterated its "Buy" rating on Navistar (NAV).

Canaccord Genuity reiterated its "Hold" rating on Noble Corp. (NE).

Citigroup (NYSE:C) reiterated its "Buy" rating on FedEx (FDX). They have a price target of $95.00 on the company.

Morgan Stanley (NYSE:MS) reiterated its "Overweight" rating on International Game Technology (IGT). They have a price target of $21.00 on the company.

Benchmark Co. reiterated its "Buy" rating on Infospace Inc. (INSP). They have a price target of $11.00 on the company.

PPG (PPG) (PPL) (PRGS) (FDX) (FHN) (FTI) Ratings, Price Targets

PPG (PPG), PPL Co. (PPL), Progress Software (PRGS), FedEx (FDX), First Horizon National Co. (FHN) and FMC Tech (FTI) ratings and price targets.

KeyBanc upgraded PPG (PPG) from a “Hold” rating to a “Buy” rating. They have a price target of $100.00 on the company.

Barclays Capital downgraded PPL Co. (PPL) from an “Overweight” rating to an “Equal Weight” rating.

Needham & Company reiterated its “Buy” rating on Progress Software (PRGS).

Deutsche Bank (NYSE:DB) raised its price target on FedEx (FDX) to $112.00.

Stephens upgraded First Horizon National Co. (FHN) to an “Overweight” rating.

Jefferies (NYSE:JEF) initiated coverage on FMC Tech (FTI). They placed a “Hold” rating on the company.

FedEx (FDX) (NSH) (NST) (NU) (FIRE) (FSC) Ratings, Price Targets

FedEx (FDX), NuStar GP Holdings (NSH), NStar (NST), Northeast Utilities System (NU), Sourcefire, Inc. (FIRE) and Fifth Street Finance (FSC) ratings and price targets.

Citigroup (NYSE:C) raised its price target on FedEx (FDX) to $95.00.

Morgan Stanley (NYSE:MS) downgraded NuStar GP Holdings (NSH) from an “Equal Weight” rating to an “Underweight” rating.

Bank of America (NYSE:BAC) upgraded NStar (NST) from a “Neutral” rating to a “Buy” rating. They have a price target of $49.00 on the company.

Bank of America upgraded Northeast Utilities System (NU) from a “Neutral” rating to a “Buy” rating. They have a price target of $38.00 on the company.

Bank of America initiated coverage on Sourcefire, Inc. (FIRE). They placed a “Buy” rating and a price target of $36.00 on the company.

Janney Montgomery Scott upgraded Fifth Street Finance (FSC) from a “Neutral” rating to a “Buy” rating.

FedEx (FDX) (CIM) (CYS) (EZPW) (FLIR) (FSL) Downgraded

FedEx (NYSE: FDX), Chimera Investment Co. (NYSE: CIM), Cypress Sharpridge Investments, Inc. (NYSE: CYS), EZCORP, Inc. (NASDAQ: EZPW), FLIR Systems, Inc. (NASDAQ: FLIR) and Freescale Semi (NYSE: FSL) were downgraded by analysts.

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

Chimera Investment Co. (CIM) was downgraded by Sterne Agee from a “Neutral” rating to an “Underperform” rating.

Cypress Sharpridge Investments, Inc. (CYS) was downgraded by Sterne Agee from a “Neutral” rating to an “Underperform” rating.

EZCORP, Inc. (EZPW) was downgraded by Sterne Agee from a “Neutral” rating to an “Underperform” rating. They have a price target of $29.00 on the company.

FLIR Systems, Inc. (FLIR) was downgraded by Needham & Company from a “Buy” rating to a “Hold” rating.

Freescale Semi (FSL) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating.

UPS (UPS) (EV) (FDX) (EDMC) (ODFL) Get Upgrades, Downgrades

UPS (NYSE:UPS), Education Management (NASDAQ:EDMC), Eaton Vance (NYSE:EV), FedEx (NYSE:FDX) and Old Dominion Freight (NASDAQ:ODFL) received uprades or downgrades from analysts.

Education Management (EDMC) was upgraded by Morgan Stanley (NYSE:MS) from an "Underweight" rating to an "Equal-weight" rating. They cited valuation as the catalyst behind the call. They have a price target of $16 on the company

Eaton Vance (EV) was downgraded by Ticonderoga from a "Neutral" rating to a "Sell" rating. They have a price target of $20 on the company.

FedEx (FDX) was downgraded by Credit Suisse (NYSE:CS) from an "Outperform" rating to a "Neutral" rating.

Old Dominion Freight (ODFL) upgraded by Credit Suisse to an "Outperform" rating. They cited valuation as the catalyst behind the call.

UPS (UPS) upgraded by Credit Suisse from a "Neutral" rating to an "Outperform" rating.

Freeport (FCX) (VAR) (WSM) (GLW) (FDX) Price Targets Cut

Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), Varian Medical Systems (NYSE: VAR), Williams-Sonoma, Inc. (NYSE:WSM), Corning (NYSE:GLW) and FedEx Corporation (NYSE:FDX) had their price targets cut by analysts.

Freeport-McMoRan Copper & Gold Inc. (FCX) had its price target cut by Morgan Stanley (NYSE:MS) to $65. They maintain their “Overweight” rating on the company.

Varian Medical Systems (VAR) had its price target lowered by analysts at Ticonderoga from $80.00 to $68.00. The have a “Buy” rating on the stock.

Williams-Sonoma, Inc. (WSM) had its price target lowered by analysts at Wedbush Securities. They maintained their “Outperform” rating on company, cutting its price target from $46 to $43.

Corning (GLW) had its price target cut from $18 to $16.50 by Citi Investment Research.

FedEx Corporation (FDX) had its price target slashed by JP Morgan (NYSE:JPM) from $116 to $105. They maintain an "Overweight" rating on the company.

Ratings on (FDX) (IAG) (CA) (BCE) (QCOR) Reiterated

Ratings on shares of FedEx (NYSE:FDX), IAMGOLD (NYSE:IAG), CA Tech (NASDAQ:CA), BCE Inc (NYSE:BCE) and Questcor (NASDAQ:QCOR) reiterated by analysts.

Stifel Nicolaus reiterated an "Buy" rating on FedEx (FDX). They raised their price target on the company from $116 to $120.

RBC Capital reiterated a "Sector Perform" rating on IAMGOLD (IAG). They raised their price target on the company from $23 to $26.

RBC Capital reiterated an "Outperform" rating on CA Tech (CA). They lowered their price target on the company from $30 to $28.

RBC Capital reiterated an "Outperform" rating on BCE Inc (BCE). They raised their price target on the company from $37 to $40.

Maxim Group reiterated a "Buy" rating on Questcor (QCOR). They raised their price target on the company from $24 to $28.

Price Targets on (CA) (FDX) (FL) (HPJ) (HWAY) Updated

Price targets on CA Tech (NYSE: CA), FedEx (NYSE: FDX), Foot Locker (NYSE: FL), Hong Kong Highpower (NYSE: HPJ) and Healthways, Inc. (NASDAQ: HWAY) were updated by analysts.

Needham & Company raised their price target on CA Tech (CA) from $27.00 to $29.00. They have a “buy” rating on the company.

Stifel Nicolaus raised their price target on FedEx (FDX) from $116.00 to $120.00.

Wedbush raised their price target on Foot Locker (FL) from $23.00 to $26.00.

Rodman & Renshaw cut their price target on Hong Kong Highpower (HPJ) from $7.00 to $4.00. They have an “outperform” rating on the company.

FBR Capital raised their price target on Healthways, Inc. (HWAY) from $17.00 to $19.00. They have an “outperform” rating on the company.

Coverage on (CNI) (CSX) (CVU) (FDX) (GNC) Initiated

Coverage on shares Canadian National Railway (NYSE: CNI), CSX Corp. (NYSE: CSX), CPI Aerostructures, Inc. (NYSE: CVU), FedEx (NYSE: FDX) and GNC Corp. (NYSE: GNC) was initiated by analysts.

Sanford C. Bernstein initiated coverage on Canadian National Railway (CNI). They placed a “market perform” rating and a price target of $84.00 on the company.

Sanford C. Bernstein initiated coverage on CSX Corp. (CSX). They placed a “market perform” rating and a price target $74.00 on the company.

EarlyBird Capital initiated coverage on CPI Aerostructures, Inc. (CVU). They placed a “buy” rating on the company.

Sanford C. Bernstein initiated coverage on FedEx (FDX). They placed a “market perform” rating and a price target of $105.00 on the company.

BMO Capital Markets initiated coverage on GNC Corp. (GNC). They placed a “market perform” rating on the company.

FedEx (FDX), (AKAM), (CLF), (NOV), (SLB) Lead S&P 500

FedEx (NYSE:FDX), Akamai (NASDAQ:AKAM), Cliff Natural Resources (NYSE:CLF), National Oilwell Varco (NYSE:NOV), and Schlumberger (NYSE:SLB) were leading the S&P 500 up today, with FedEx helping pull the index up after a solid earnings report.

The delivery company was up over 5 percent earlier in the session but have pulled back some as the day progressed.

Natural resource and energy companies are dominating the S&P today, with others like Diamond Offshore (DO), Pioneer Natural Resources (PXD), Deere & Co. (DE) and Noble Energy (NBL) among the top performers.

Schlumberger was trading at $86.31, gaining $3.21, or 3.86 percent, as of 2:30 PM EDT. National Oilwell Varco was at $77.54, up $3.13, or 4.21 percent. Akamai was trading at $36.68, adding $1.72, or 4.92 percent. Cliffs Natural Resources was trading at $88.30, gaining $4.57, or 5.46 percent. FedEx was at $88.36, up $3.08, or 3.61 percent.

Apple (AAPL) At Top of Fortune's 'Most Admired' List

Of the top 50 most-admired companies in the world, Apple (NASDAQ:AAPL) landed at the top of the list of Fortune magazine. Following closely on the heels of Apple was nemesis Google (NASDAQ:GOOG), which came in at No. 2.

Fortune said about Apple, "The company's blistering pace of new product releases has continued to set the bar high for tech companies across the board."

Following the two tech giants was Warren Buffett's Berkshire Hathaway (NYSE:BRK-A), Southwest Airlines (NYSE:LUV) and Proctor & Gamble (NYSE:PG), in that order.

Others making the list were Coca Cola (NYSE:KO), in 6th place; Amazon.com (NASDAQ:AMZN) in 7th; FedEX (NYSE:FDX) in 8th; Cisco (Nasdaq:CSCO) in 9th. Microsoft (NASDAQ:MSFT) came in at 15th.

The rankings of the companies on the list were measured on innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, quality of products/services and global competitiveness.