Analysts' Actions -- Adobe, Ball, FedEx, Priceline and More
RATINGS CHANGES
Adobe Systems (ADBE) was initiated with a buy rating at Canaccord Genuity. $110 price target. The company can continue to grow sales and margins at a high pace, Canaccord said.
Brunswick (BC) was upgraded to buy at TheStreet Ratings.
Ball (BLL) was upgraded to overweight from neutral at JPMorgan. $79 price target. The valuation is more attractive, as the Rexam deal makes both financial and strategic sense, JPMorgan said.
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Bemis (BMS) was downgraded to market perform at BMO Capital. The valuation isn't as attractive, based on a $52 price target, BMO said.
FedEx (FDX) was upgraded to buy at TheStreet Ratings.
Pricelineundefined was initiated with a sector weight rating at Pacific Crest.
This article was written by a staff member of TheStreet.
