Analysts' Actions -- American Airlines, Fifth Third, Juniper, Netflix and More
RATINGS CHANGES
American Airlines (AAL) - Get Report was downgraded to underperform from outperform at Credit Suisse. Industry unit revenue growth will likely continue to disappoint, Credit Suisse said.
American WaterWorks (AWK) - Get Report was downgraded to neutral from buy at Bank of America/Merrill Lynch. The valuation is less attractive, based on an $88 price target, analysts said.
Fifth Third Bank (FITB) - Get Report was downgraded to perform from outperform at Credit Suisse. Earnings estimates were also cut, given industry profitability headwinds, Credit Suisse said.
Juniper Networks (JNPR) - Get Report was downgraded to hold from buy at Deutsche Bank. $22 price target. Earnings estimates were also cut, given lower expected margins and potential market share loss with service providers, Deutsche said.
Netflix (NFLX) - Get Report was downgraded at Jefferies. $80 price target. The new analyst expects flatter U.S. subscription growth, Jefferies said.
NXP Semiconductors (NXPI) - Get Report was downgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: NXPI.
Taubman Centers (TCO) - Get Report was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: TCO.
United Continental (UAL) - Get Report was downgraded to neutral from outperform at Credit Suisse. Consensus earnings estimates appear too high, given higher industry fuel costs, Credit Suisse said.
Whiting Petroleum (WLL) - Get Report was downgraded to neutral from buy at Goldman Sachs. $12.75 price target. Equity investors are being diluted to reduce debt, Goldman said.
WPX Energy (WPX) - Get Report was upgraded to buy from neutral at Goldman Sachs. $14.75 price target. The company is attractive, following a repositioning and recapitalization, Goldman said.
This article was written by a staff member of TheStreet.