Analysts' Actions -- Raytheon, Macy's, SeaWorld
CHANGE IN RATINGS
Crown (CCK) - Get Report downgraded at Wells Fargo from Outperform to Market Perform. Estimates also cut, given currency and price competition in China.
Intuitive Surgical (ISRG) - Get Report was rated new Buy at Citigroup. $601 price target. Company can deliver sustainable double-digit procedure growth.
Raytheon (RTN) - Get Report was upgraded at Argus from Hold to Buy. $135 price target. International and cybersecurity operations should drive growth.
SeaWorld (SEAS) - Get Report downgraded at BofA/Merrill from Neutral to Underperform. $19 price target. Company will need more time to turn the business around.
VF Corp. (VFC) - Get Report downgraded at Sterne Agee from Neutral to Underperform. $57 price target. Company will be hurt by the warm weather trends.
STOCK COMMENTS / EPS CHANGES
Macy's (M) - Get Report estimates, target cut at Credit Suisse. Shares of M now seen reaching $50. Estimates also reduced, given lower sales. Outperform rating.
This article was written by a staff member of TheStreet.