Zimmer (ZMH) (MAT) (MWW) (SUBCY) (WOOF) (PPO) (CYT) Ratings, Price Targets

Zimmer Holdings, Inc. (NYSE: ZMH), Mattel, Inc. (NYSE: MAT), Monster Worldwide, Inc. (NYSE: MWW), Subsea 7 SA (NASDAQ: SUBCY), VCA Antech, Inc. (NASDAQ: WOOF), Polypore (NYSE: PPO) and Cytec Industries Inc. (NYSE: CYT) ratings and price targets.

Zimmer Holdings, Inc. (ZMH) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating. They have a price target of $64.00 on the company, up from $28.00.

Mattel, Inc. (MAT) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.

Monster Worldwide, Inc. (MWW) was downgraded by Oppenheimer from an “Outperform” rating to a “Perform” rating.

Subsea 7 SA (SUBCY) was upgraded by JPMorgan Chase & Co. (NYSE:JPM)from an “Underweight” rating to a “Neutral” rating.

VCA Antech, Inc. (WOOF) was upgraded by Northcoast Research from a “Neutral” rating to a “Buy” rating.

Polypore (PPO) had its price target lowered by Wedbush to $58.00.

Cytec Industries Inc. (CYT) had its “Buy” rating reiterated by KeyBanc. They have a price target of $64.00 on the company.

EnerNOC (ENOC) (ZMH) (AHONY) (BCR) (MDT) (OSK) Downgraded

EnerNOC, Inc. (NASDAQ: ENOC), Zimmer Holdings, Inc. (NYSE: ZMH), Koninklijke Ahold (NASDAQ: AHONY), C.R. Bard, Inc. (NYSE: BCR), Medtronic, Inc. (NYSE: MDT) and Oshkosh Truck (NYSE: OSK) downgraded by analysts.

EnerNOC, Inc. (ENOC) was downgraded by Ardour Capital from an “Accumulate” rating to a “Hold” rating. They have a price target of $14.00 on the company, down from $24.00.

Zimmer Holdings, Inc. (ZMH) was downgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Sell” rating.

Koninklijke Ahold (AHONY) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from a “Neutral” rating to a “Hold” rating.

C.R. Bard, Inc. (BCR) was downgraded by Goldman Sachs from a “Neutral” rating to a “Sell” rating.

Medtronic, Inc. (MDT) was downgraded by Goldman Sachs from a “Buy” rating to a “Neutral” rating.

Oshkosh Truck (OSK) was downgraded by Goldman Sachs from a “Neutral” rating to a “Sell” rating.

Biggest Winners (BTE) (CHKP) (ZMH) (POT) (TIBX) on May 6

Among the winners on Friday, May 6, as measured by share price increases, were Baytex Energy Corp (BTE), Check Point Software (CHKP), Zimmer Holdings (ZMH), Potash Corporation (POT) and Tibco Software (TIBX).

Baytex Energy Corp (BTE) was up $1.19, to close at $55.77, a gain of 2.18 percent.

Check Point Software (CHKP) jumped $1.19 on the day to close at $54.89, an increase of 3.21 percent.

Zimmer Holdings (ZMH) rose $1.18 to close at $67.50, a boost of 1.78 percent.

Potash Corporation (POT) soared $1.18 to close the session at $53.45, a gain of 2.26 percent.

Tibco Software (TIBX) surged $1.18 to end the day at $28.74, climbing 4.28 percent.

Price Targets On (TDSC) (VPHM) (ZMH) Updated

3D Systems (NASDAQ: TDSC), ViroPharma Incorporated (NASDAQ: VPHM) and Zimmer Holdings, Inc. (NYSE: ZMH) had their price targets updated by analysts.

Barclays Capital (NYSE:BCS) cut their price target on 3D Systems (TDSC) from $56.00 to $46.00. They have an “equal weight” rating on the company.

Maxim Group raised their price target on ViroPharma Incorporated (VPHM) from $22.00 to $25.00. They have a “buy” rating on the stock.

Barclays Capital raised their price target on Zimmer Holdings, Inc. (NYSE: ZMH) from $65.00 to $72.00. They have an “overweight” rating on the stock.

Upgrades for (SPWRA) (UIS) (WFR) (ZMH) Ratings

Analysts upgraded SunPower Co. (NASDAQ: SPWRA), Unisys (NYSE: UIS), MEMC Electronic Materials Inc (NYSE: WFR) and Zimmer Holdings, Inc. (NYSE: ZMH) today.

Wedbush upgraded SunPower Co. (SPWRA) from an “underperform” rating to a “neutral” rating. They have a price target of $20.00 on the company, up from $11.00.

Susquehanna upgraded Unisys (UIS) to a “neutral” rating.

Wunderlich upgraded MEMC Electronic Materials Inc (WFR) from a “hold” rating to a “buy” rating. They have a price target of $16.00 on the company, up from $12.00.

Lazard Capital upgraded shares of Zimmer Holdings, Inc. (ZMH) from a “neutral” rating to a “buy” rating.

Medical Device Makers (VOLC) (EW) (XRAY) Among Hardest Hit in Japan

A large number of sectors have been hit hard in Japan, depending on the exposure they have to the country, and one not mentioned too much so far is the medical devices market, where those with the most exposure to Japan are Volcano Corp (NASDAQ:VOLC) Edwards Lifesciences Corp (NYSE:EW) and Dentsply International Inc (NASDAQ:XRAY).

About 30 percent of revenue generated by Volcano comes from Japan. Dentsply said key suppliers have been disrupted and has withdrawn its earnings guidance for 2011. Edwards Lifesciences Corp., which makes heart valves, generates about 17 percent of its revenue in Japan. At worst, Edwards sees disruptions being temporary and see no materially impact financial results from the earthquake damage.

Even so, analysts say every company should experience some degree of loss of sales as a result of the natural disaster.

Others device makers with significant exposure in Japan are Boston Scientific Corp (NYSE:BSX), with 12 percent of total sales in Japan, St Jude Medical Inc (NYSE:STJ) and Wright Medical Group Inc (NASDAQ:WMGI) at 11 percent each, Stryker Corp (NYSE:SYK) at 10 percent and Zimmer Holdings Inc (NYSE:ZMH) at 9 percent.

Larger diversified firms with less exposure are Medtronic Inc (NYSE:MDT), Johnson & Johnson (NYSE:JNJ) and Abbott Laboratories (NYSE:ABT) with from 5 percent to 6 percent of sales coming from Japan.

Of drugmakers, the largest exposure is Merck & Co Inc (NYSE:MRK) with about 8 percent of sales coming from Japan. Bristol Myers Squibb (NYSE:BMY) only has about 3 percent of sales come from there.

Volcano Corp. closed Tuesday at $23.56, down $1.21, or 4.88 percent. Edwards Lifesciences closed at $86.23, dropping $2.23, or 2.52 percent. Densply closed at $35.63, falling $1.55, or 4.17 percent.

F5 Networks (Nasdaq:FFIV), Coinstar (Nasdaq:CSTR), Zimmer Holdings, (NYSE:ZMH), SAVVIS (Nasdaq:SVVS) Stock Market Alerts

Today’s PriceWatch Alerts cover the following stocks: F5 Networks, Inc. (Nasdaq:FFIV), Coinstar Inc. (Nasdaq:CSTR), Zimmer Holdings, Inc. (NYSE:ZMH), and SAVVIS Inc. (Nasdaq:SVVS).

In today’s unsure markets these brief PriceWatch Alerts contain concise detailed strategies for each covered stock and include position protection tactics designed to potentially defend investors from unexpected market shifts. While other market reports only provide stock news and opinion, we offer strategies that position investments against uncertainty and increase chances of making a profit, even if a stock goes down.

“Our PriceWatch Alerts go beyond other market reports. Along with a brief concise overview, each PriceWatch Alert provides useful strategies, which ensure potential investments are protected with basic hedging techniques,” says Reid Stratton, Seven Summits Senior Analyst. “These brief company reports contain information that can benefit expert and novice investors who want to stay ahead of the market.”

Seven Summits Investment Research is an independent investment research group, which focuses on the U.S. equities and options markets. Our analytical tools, screening techniques, rigorous research methods and committed staff provide solid information to help our clients make the best possible investment decisions. For more information go to www.SevenSummitsInvestmentResearch.com . CRD# 137114

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Stryker (NYSE:SYK) Sues Zimmer Over (NYSE:ZMH) Patent Infringement

Stryker Corp. (NYSE:SYK) has sued rival Zimmer Holdings Inc. (NYSE:ZMH) over patent infringement over a device used to clears damaged tissue during joint surgery, as well as cleaning bones during the same process.

The targeted product in question is Zimmer’s Pulsavac Plus system, which Stryker claims infringes on three of their patents in the U.S.

Stryker is seeking a court order for them to stop Zimmer from using the system and to be compensated with cash.

Patents alleged to be infringed upon are for the use of pulsing liquid to loosen up debris during a surgery and allow it to be removed via suction. Doctors are able to see the are they're working on clearer as a result.

The unit of Stryker selling the InterPulse and SurgiLav systems generated revenue of $2.6 billion in 2009, 39 percent of overall revenue.

The unit using Zimmer’s Pulsavac Plus generated revenue of $2.77.6 million last year, or 6.8 percent of the annual revenue of the company.