NEW YORK (TheStreet) -- RATINGS CHANGES
Ardmore Shipping (ASC) was initiated with a hold rating at TheStreet Ratings.
Baytex Energy (BTE) was downgraded to hold at TheStreet Ratings.
3D Systems (DDD) was downgraded at Pacific Crest to sector perform from outperform. Execution risk is growing, Pacific Crest said.
Foot Locker (FL) was initiated with a buy rating at Jefferies. Twelve-month price target is $66. Company can leverage its market positive and generate midteens earnings growth, Jefferies said.
IAC/InterActiveCorp (IACI) was upgraded at Barclays to overweight from equal-weight. Twelve-month price target is $87. Tinder and Vimeo can help drive near-term growth, Barclays said.
International Paper (IP) was initiated with a market perform rating at BMO Capital. Twelve-month price target is $51. Company faces headwinds in containerboard and white paper markets, BMO Capital said.
Las Vegas Sands (LVS) was downgraded at Argus to hold from buy. Growth is slowing in Macau, Argus said.
Whitewave (WWAV) was initiated with an outperform rating at Oppenheimer. Twelve-month price target is $43. Company has a powerful sales and margin expansion story, Oppenheimer said.
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