NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Franklin Resources (BEN) was downgraded at Morgan Stanley to equal-weight. $146 price target. Valuation call, as the stock is up 31% year-to-date, Morgan Stanley said.
Cabela's (CAB) was downgraded at Piper Jaffray from overweight to neutral. $47 price target. See limited near-term earnings upside potential, Piper Jaffray said.Cooper Industries (CBE) was downgraded at William Blair to market perform from outperform. $75 price target. Further share appreciation now dependent on Eaton, William Blair said. Cerner (CERN) was upgraded at Jefferies to buy from hold, Jefferies said. $82 price target. Better entry point, Jefferies said. Cliffs Natural (CLF) was downgraded at Dahlman Rose from buy to hold. New analyst believes that iron ore prices will continue to weigh on the stock, Dahlman Rose said. Coinstar (CSTR) was upgraded at Compass Point from neutral to buy. $50 price target. Pullback has created a buying opportunity, Compass Point said. Delek US (DK) was upgraded at Credit Suisse from neutral to outperform. Valuation call, based on a $35 price target, Credit Suisse said. Electronic Arts (EA) was downgraded at Pacific Crest to sector perform. Company is not executing well with its new titles, Pacific Crest said. Expedia (EXPE - Get Report) was upgraded at Benchmark from hold to buy. $67 price target. Company can continue to grow and gain market share, Benchmark said. Expedia was upgraded at Lazard from neutral to buy. $70 price target. Company is seeing higher sales growth, Lazard said. Huntington Bancshares (HBAN - Get Report) was upgraded at Citigroup to buy from neutral. $7.25 price target. Recent selloff creates a long opportunity, Citi said. Starwood Hotels (HOT) was downgraded to neutral at Lazard. Company is lagging its peers and and industry RevPAR is slowing, Lazard said. Carmax (KMX) was upgraded at Credit Suisse from neutral to outperform. $42 price target. Company can see growth reaccelerate, Credit Suisse said.
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