NEW YORK (TheStreet) -- RATINGS CHANGES
Agco (AGCO) was downgraded at Piper Jaffray to neutral from overweight. Twelve-month price target is $62. Company has low visibility, Piper Jaffray said.
Compass Minerals (CMP) was upgraded at J.P. Morgan to overweight from neutral. Estimates were also raised, given higher salt prices, J.P. Morgan said.Coach (COH) was downgraded at Citigroup to neutral from buy. Twelve-month price target is $50. Company may take multiple years to get back on the right track, Citigroup said. Columbia Sportswear (COLM) was upgraded at DA Davidson to buy from neutral. Valuation call, based on a 12-month price target of $103. Company is seeing solid sales growth and margin improvement, DA Davidson said. (DFT) was upgraded to buy at TheStreet Ratings. Harris (HRS - Get Report) was upgraded at Oppenheimer to perform from underperform. Business mix is evolving in an encouraging direction, Oppenheimer said. National Presto (NPK) was downgraded to hold at TheStreet Ratings. Texas Capital (TCBI) was upgraded at Deutsche Bank to buy from hold. Twelve-month price target is $63. Valuation call, following a 14% selloff, Deutsche Bank said. Xylem (XYL) was upgraded at Stifel Nicolaus to buy from hold. Twelve-month price target is $42. Company continues to deliever solid growth in a difficult environment, Stifel Nicolaus said.
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