NEW YORK (TheStreet) -- RATINGS CHANGES
Brunswick (BC) was upgraded at Keybanc to buy from hold. Twelve-month price target is $55. Product refresh should help grow the business, Keybanc said.
Coach (COH) was downgraded at Bank of America/Merrill Lynch to underperform from neutral. Twelve-month price target was lowered to $31. Productivity is declining and consensus estimates appear as much as 23% too high, BofA/Merrill said.
Harley-Davidson (HOG) was initiated with a sector perform rating at RBC Capital. Valuation call, based on a 12-month price target of $74, RBC said.Trinity Industries (TRN) was upgraded at UBS to buy from neutral. Reflects building momentum for railcar order with company best positioned to increase production. Twelve-month price target is $51. Valmont (VMI) was downgraded at Wedbush to neutral from outperform. Twelve-month price target was lowered to $157. Estimates were also cut, because of low near-term visibility and new company guidance, Wedbush said. Vertex (VRTX) was downgraded at HC Wainwright to neutral from buy. Twelve-month price target is $85. 809 drug still has scientific risks, HC Wainwright said. Walgreens (WAG) was upgraded at Jefferies to buy from hold. Reflecting potential tax inversion, recap, and cost-cutting initiatives, Jefferies said. Twelve-month price target is $87. 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. Flying Between the U.S. and China Is Booming; Too Bad It's Not Profitable Why Barnes & Noble Stock Is Surging This Morning
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV