Goldman Sachs raised estimates on Houston Exploration (THX), Pioneer (PXD), Verasun (VSE); Goldman Decreased estimates on Anadarko (APC), Apache (APA), Aventine (AVR), Berry (BRY), Cabot Oil (COG), Canadian Natural (CNQ), Devon (DVN), El Paso (EP), EOG (EOG), Encana (ECA), Forest (FST), Newfield ((NFX), Noble (NBL), Pogo (PPP), Questar (STR), Quicksilver (KWK), Southwestern (SWN), Cheaspeake (CHK), Hess (HES), Marathon (MRO), Nexen (NXY), Occidental (OXY), Pacific Ethanol (PEIX), Petro-Canada (PCZ), Chevron (CVX), Ultra Petroleum (UPL), ConocoPhillips (COP), and Aracruz Celulose (ARA), Suncor (SU), Talisman (TLM), XTO (XTO), Tidewater (TDW).
Goldman Sachs also raised estimates by $0.09 for the current quarter on Google (GOOG); raised estimates on Genentech (DNA) and Tiffany (TIF).
Goldman Cut estimates on Guitar Center (GTRC), Capital One (COF), and Sapient (SAPE).
Eastman Kodak (EK) and Gap (GPS) noted cautiously at Goldman as well.
Walgreens (WAG) reiterated Buy by Goldman Sachs.
Goldman Sachs says Google (GOOG) could have 20% upside to its $595 target and reiterated Buy.
Jon C. Ogg
January 11, 2007.