NEW YORK (TheStreet) -- CHANGE IN RATINGS
Apache (APA) was downgraded at Credit Suisse to neutral from outperform. Twelve-month price target is $102. Free cash flow will likely remain depressed for a couple of years, Credit Suisse said.
Infoblox (BLOX) was downgraded at Needham to hold from buy. Company cut guidance, Needham said.
Infoblox was downgraded at Sterne Agee to neutral. Twelve-month price target is $20. Company cut 2014 guidance, Sterne Agee said.
Infoblox was downgraded at Wedbush to neutral from outperform. Twelve-month price target is $25. Company is seeing a material deceleration in growth and the timeline for a recovery is uncertain, Wedbush said.(BURL) was upgraded at Morgan Stanley to overweight from equal-weight. Twelve-month price target is $29. Valuation call, as the stock is down 23% year to date, Morgan Stanley said. WW Grainger (GWW) was downgraded at Goldman Sachs to sell from neutral. Twelve-month price target is $232. Weak pricing could weigh on margins, Goldman Sachs said.
Allscripts Healthscripts (MDRX) was upgraded at Maxim Group to buy from hold. Twelve-month price target is $20. New product lineup should drive growth, Maxim Group said.
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