Credit Suisse’s Paul Winslow this morning cut his rating on McAfee (MFE) to Neutral from Outperform, asserting that earnings upside in coming quarters will be limited. Winslow notes that his bullish stance on the stock has been based on expectations that the company’s ability to boost sales force productivity through improving incentives to drive new license sales would drive up EPS estimates. But he says that factor has now largely played out. He also noted ...

Bernstein Research analyst Craig Moffett this morning cut his ratings on both Verizon (VZ) and AT&T (T), asserting that shares of the two companies have “come too far, too fast.” For Verizon, he goes to an Underweight Rating, from Market Perform, and cut his price target to $27, from $32. For AT&T, he goes to Market Perform, from Outperform, and reduced his target to $27, from $35. He also trimmed estimates for both companies. For ...