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NEW YORK (
CHANGE IN RATINGSAlaska Air(ALK) was upgraded at Imperial Capital to outperform from in-line. $70 price target. Fears of increased competition have been overblown, Imperial Capital said.
Cliffs Natural(CLF) was initiated with a market perform rating at Wells Fargo. Average selling prices will likely trend lower over the next several years, Wells Fargo said.
Cisco(CSCO - Get Report) was downgraded at MKM Partners to neutral from buy. $26 price target. No longer expect product orders to accelerate in the October quarter, MKM Partners said.
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FAB Universal(FU) was upgraded to hold at TheStreet Ratings.
Juniper(JNPR - Get Report) was upgraded at MKM Partners to buy from neutral. $26 price target. Service Provider growth can meaningfully accelerate, MKM Partners said.
Kroger(KR - Get Report) was initiated with a market perform rating at BMO Capital. $44 price target. Stock is already pricing in a cyclical rebound, BMO Capital said.
Charles Schwab(SCHW - Get Report) was upgraded at Compass Point to neutral from sell. $20 price target. Medium-term interest rates appear to be more viable, Compass Point said.
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Toronto-Dominion Bank(TD) was upgraded to buy at TheStreet Ratings.
Whole Foods(WFM - Get Report) was initiated with an outperform rating at BMO Capital. $70 price target. Company offers growth at an attractive price, BMO Capital said.
Stock Comments / EPS Changes
Coca-Cola(KO) numbers were reduced at BMO Capital. Shares are now seen reaching $44. Estimates were also cut, given sluggish volumes and currency headwinds, BMO Capital said. Market Perform rating.
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