Riverbed (RVBD) was upgraded at Oppenheimer to outperform from perform. $20 price target. Stock offers an attractive risk/reward at current levels, Oppenheimer said.
Steve Madden (SHOO) was upgraded at Goldman Sachs to buy from sell. $69 price target. Company is using its solid balance sheet to buy back stock, Goldman Sachs said.
SM Energy (SM) was upgraded to buy at TheStreet Ratings.
Synchronoss (SNCR) was added to the U.S. Focus List at Credit Suisse. Company should see a higher sales ramp in cloud services, Credit Suisse said. $46 price target.(TEVA - Get Report) was downgraded at Morgan Stanley to underweight from equal-weight. Consensus estimates are likely too high and see better value in Mylan. Viacom (VIAB - Get Report) was downgraded at Needham to hold from buy. Valuation call, as the stock is up more than 20% over the past six weeks and trades at a premium to its peers, Needham said. Vectren (VVC) was downgraded underperform from neutral at Bank of America/Merrill Lynch. Valuation call, based on a $33 price target, BofA/Merrill said. Whole Foods (WFM) was upgraded at Williams to buy from hold. $64 price target. Company deserves a higher valuation multiple, Williams said.