Public Service (PEG) was upgraded to outperform from market perform at Wells Fargo. This was a valuation call, based on the sum of the parts, Wells Fargo said.
Ralph Lauren (RL) was downgraded to neutral from outperform at Credit Suisse. $165 12-month price target. Company is spending more to invest in future growth, Credit Suisse said.
TCF Financial (TCB) was upgraded to outperform from market perform by FBR Capital Markets. $18 12-month price target. This was a valuation call, as the stock is off 11% from its highs, said FBR.
Telefonica Brasil (VIV) was downgraded to hold by TheStreet Ratings.Editor's note: To see analysts' stock comments and changes to price targets and earnings estimates, go to "Street Notes" which is available only to Real Money subscribers. To find out how to become a subscriber, please click here. Follow TheStreet on Twitter and become a fan on Facebook >>Read More: Allergan Calls Valeant Unsustainable, Rejects $45B Offer >>Read More: Apple's Next Major Acquisition After Beats
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