Network differentiation will help the company continue to grow. Western Refining ( WNR ) downgraded at Deutsche Bank from Buy to Hold. $16 price target. Brent-WTI spread is contracting. WR Berkley ( WRB ) downgraded at Deutsche from Hold to Sell. $30 price target. Valuation call following recent rally. Applied Materials ( AMAT ) numbers lowered at UBS. Shares of AMAT now seen reaching $12.50, according to UBS. Estimates also lowered on lower total orders. Neutral rating. American Tower ( AMT ) added to Conviction Buy List at Goldman. Consensus estimates likely remain too conservative. $71 price target. Abercrombie & Fitch ( ANF ) numbers cut at Goldman ( ANF ). Shares of ANF now seen reaching $56, according to Goldman Sachs. Estimates also reduced, given lower realized margins. Neutral rating. Abercrombie & Fitch target lowered at UBS.