Dick's Sporting Goods was downgraded at Goldman Sachs to neutral from buy. Company was also cut from the Conviction List. Margins are likely capped in the near term, Goldman said. Twelve-month price target is $49.
Dick's Sporting Goods was downgraded at J.P. Morgan to neutral. Company is facing growth headwinds, J.P. Morgan said.
Evercore (EVR) was upgraded at JMP Securities to outperform from market perform. Twelve-month price target is $64. Stock is attractive following the recent pullback, JMP said.
JPMorgan Chase (JPM) was initiated with a buy rating at MKM Partners. Twelve-month price target is $65. Company is the strongest in the industry, MKM Partners said.Nimble Storage (NMBL) was upgraded at Wunderlich to buy from hold. Twelve-month price target is $38. New system architecture has been gaining traction and the company can gain market share, Wunderlich said. (NUVA) was downgraded at Needham to hold from buy. Revenue growth should slow, which will weigh on margins, Needham said. OGE Energy (OGE) was reinitiated at Barclays with an overweight rating. Company is well-positioned to see considerable EPS growth from electric utility and recently formed Enable Midstream Partners, Barclays said. Twelve-month price target is $41. Pegasystems (PEGA) was upgraded at Wedbush to outperform from neutral. Twelve-month price target is $27. Company is growing its business through strategic partnerships, Wedbush said. Raymond James (RJF) was downgraded at Goldman Sachs to neutral from buy. Twelve-month price target is $54. Company lacks near-term catalysts, Goldman Sachs said. Ultra Petroleum (UPL) was upgraded at Sterne Agee to buy. Twelve-month price target is $35. Selloff in the shares is unwarranted, Sterne Agee said. 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: Don't Even Think About Selling Facebook >>Read More: Why AT&T's Deal for DirecTV Makes No Sense