NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Adtran (ADTN) downgraded at UBS to Neutral from Buy, UBS said. $17 price target. Near term headwinds, limited visibility.
Aruba Networks (ARUN) downgraded at Goldman from Buy to Neutral, Goldman Sachs said. $23 price target. Company is investing more into its business, which is keeping a lid on margins.
Con-Way (CNW) downgraded at BofA/Merrill to Underperform from Buy, Bank of America/Merrill Lynch said. $37 price target. Estimates also cut, given higher realized costs and a weaker freight market.Mack-Cali Realty (CLI) downgraded to hold at TheStreet Ratings. eBay (EBAY - Get Report) upgraded at Nomura to Buy, Nomura said. $60 price target. Paypal can continue to drive growth over the coming quarters. Edison (EIX) upgraded at Morgan Stanley to Overweight, Morgan Stanley said. $52.50 price target. Company has multiple potential near-term catalysts. H&E Equipment Services (HEES) downgraded to hold at TheStreet Ratings. MetroPCS (PCS) downgraded at Nomura to Reduce, Nomura said. $10.50 price target. Merger does not fix the company's marketing and branding issues. Polycom (PLCM) downgraded at UBS to Neutral from Buy, UBS said. $10 price target. Uncertainty around transition. SBA Communications (SBAC) upgraded at Citigroup to Buy from Neutral, Citigroup said. $74 price target. Favorable demand data points. Thor Industries (THO) upgraded at Wedbush from Neutral to Outperform, Wedbush said. $46 price target. Dealer feedback suggests higher customer optimism and confidence. Tripadvisor (TRIP) rated new Buy at Needham. $38 price target. Company is facing easier comps and is leveraged to a strengthening global economy.