Updated from 8:54 to include more ratings and earnings changes.
NEW YORK (TheStreet) -- RATINGS CHANGES
Allstate downgraded at William Blair:
(ALL) - Get Report was downgraded to Underperform, William Blair said. Company will likely fall short of earnings expectations in the coming quarters.
AthenaHealth downgraded at Jefferies:
(ATHN) - Get Report was downgraded to Underperform, Jefferies said. New analyst has concerns about pricing and margins. $105 price target.
Infoblox upgraded at Sterne Agee:
(BLOX) was upgraded to Buy, Sterne Agee CRT said. Valuation call, based on a $26 price target.
Box upgraded at JP Morgan:
(BOX) - Get Report was upgraded from Neutral to Overweight, JP Morgan said. $18 price target. Competitive landscape is improving.
Blackstone upgraded at Oppenheimer:
(BX) - Get Report was upgraded to Outperform, Oppenheimer said. $38 price target. Company's cash earnings outlook is strong.
Cogent upgraded at Drexel:
(CCOI) - Get Report was upgraded from Hold to Buy, Drexel Hamilton said. $36 price target. Company has multiple potential catalysts to accelerate sales growth.
Quest Diagnostics upgraded at Wells:
(DGX) - Get Report was upgraded from Underperform to Market Perform, Wells Fargo said. Valuation call.
Discovery downgraded at Barclays:
(DISCA) - Get Report was downgraded to Equal-weight, Barclays said. $30 price target. Will likely take longer for the company to realize operating leverage.
Edison downgraded at Jefferies:
(EIX) - Get Report was downgraded from Buy to Hold, Jefferies said. Valuation call, based on a $66 price target.
Fireeye rated new Buy at DA Davidson:
(FEYE) - Get Report was initiated with a Buy rating, DA Davidson said. $51 price target. Company has multiple, potential near-term catalysts.
Lululemon upgraded at Credit Suisse:
(LULU) - Get Report was upgraded from Neutral to Outperform, Credit Suisse said. $64 price target. Demand and back on track and margins are likely to recover.
Pentair downgraded at Stifel:
(PNR) - Get Report was downgraded from Buy to Hold, Stifel said. Company lacks near-term catalysts.
Spirit Airlines downgraded at Morgan Stanley:
(SAVE) - Get Report was downgraded to Equal-weight from Overweight, Morgan Stanley said. $53 price target. Company may continue to struggle with the industry pricing environment.
Seagate downgraded at PacCrest:
(STX) - Get Report was downgraded to Sector Weight, Pacific Crest said. Company is losing market share.
AT&T rated new Buy at Nomura: Rating on
(T) - Get Report was initiated with a Buy rating, Nomura said. $39 price target. Company can grow cash flow through DirecTV synergies.
Trueblue downgraded at Deutsche:
(TBI) - Get Report was downgraded from Buy to Hold, Deutsche Bank said. $26 price target. Company is leveraged to slowing macro data.
2U upgraded at Goldman:
(TWOU) - Get Report was upgraded from Neutral to Buy, Goldman Sachs said. $36 price target. Company has great secular growth potential and the stock has sold off.
Verizon rated new Neutral at Nomura: Coverage of
(VZ) - Get Report was started with a Neutral rating, Nomura said. $47 price target. Company lacks near-term growth visibility.
Stock Comments / EPS Changes
Goldman Sachs numbers reduced at BMO:
(GS) - Get Report estimates were cut through 2017, BMO Capital said. Company is seeing lower trading profits. Market Perform rating and new $195 price target.
Wal-Mart estimates, target cut at BMO: Shares of
(WMT) - Get Report now seen reaching $55, according to BMO Capital. Estimates also reduced, as the company is investing more. Underperform rating.
Wynn estimates, target cut at Credit Suisse: Shares of
(WYNN) - Get Report now seen reaching $76, according to Credit Suisse. Estimates also reduced, as Macau remains challenging. Neutral rating.