NEW YORK (
CHANGE IN RATINGS
rated new Outperform at BMO. $67 price target. Company is a market leader and deserves a premium valuation.
rated new Buy at Sterne Agee. $19 price target. Trading volumes should bounce back before interest rates do.
rated new Buy at Cantor. $300 price target. Company remains the best play on growth in global online retail.
upgraded at BofA/Merrill from Neutral to Buy, Bank of America/Merrill Lynch said. Valuation call, based on a $53 price target.
rated new Buy at Deutsche with a $40 price target, Deutsche Bank said. Stock has more than doubled year-to-date, but still trades at a discount valuation.
rated new Neutral at UBS. $15.50 price target. A slow and fragile brand recovery.
upgraded at UBS to Buy from Neutral, UBS said. $31 price target. Accelerating margin expansion and international growth.
ConAgra Foods upgraded to buy at TheStreet Ratings.
downgraded at Keybanc from Buy to Hold, Keybanc said. $24 price target. Industry pricing could fall more than expected in the near term.
rated new Hold at Cantor. $48 price target. Valuation call, as the stock has already gained 54% year-to-date.
rated new Neutral at BofA/Merrill. $66 price target. Stock is largely pricing in growth headwinds.
upgraded at Deutsche from Hold to Buy, Deutsche Bank said. $68 price target. Website and platform upgrade has led to improving conversion rates.
Expedia rated new Buy at Cantor. $64 price target. Company is turning its business around.
(FB - Get Report)
rated new Hold at Deutsche. Valuation call, based on a $22 price target.
Facebook rated new Buy at Cantor. $26 price target. Company can continue to monetize its massive user base.
downgraded to sell at TheStreet Ratings.
(GOOG - Get Report)
rated new Buy at Cantor. $830 price target. Company should ultimately be as strong in display and mobile as it is in search.
downgraded at Keybanc from Buy to Hold, Keybanc said. Company lacks near-term catalysts and margins could deteriorate from here.