Analysts' Actions -- Allergan, Alaska Air, Tableau, PulteGroup and More
RATINGS CHANGES
Allergan (AGN) - Get Report was initiated with an outperform rating at Credit Suisse. $320 price target. The company is attractively valued and has a strong pipeline, Credit Suisse said.
Alaska Air (ALK) - Get Report was upgraded to outperform from neutral at Credit Suisse. $85 price target. The company is attractively valued and unit revenue trends are improving, Credit Suisse said.
Ameriprise (AMP) - Get Report was downgraded to sector perform from outperform at RBC Capital. $98 price target. The company is facing increased regulatory challenges, RBC said.
Tableau Data (DATA) - Get Report was downgraded to hold from buy at Deutsche Bank. $65 price target. Channel checks suggest increased price competition, Deutsche said.
Hewlett Packard Enterprise (HPE) - Get Report was upgraded to buy from neutral at Citigroup. The valuation is less attractive, based on a $25 price target, Citi said.
Johnson Control (JCI) - Get Report was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: JCI.
Kirby (KEX) - Get Report was downgraded to underperform from market perform at Wells Fargo. Inland barge market is forcing another leg down, Wells said.
Mobile Mini (MINI) - Get Report was downgraded to sector weight at Keybanc. The valuation is less attractive, as revenue growth could moderate, Keybanc said.
PulteGroup (PHM) - Get Report was upgraded to buy at Deutsche Bank. $27 price target. The company is cutting costs and buying back more stock, Deutsche said.
Phillips 66 (PSX) - Get Report was downgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: PSX.
This article was written by a staff member of TheStreet.