Astoria Financial (AF) was upgraded to overweight at Piper Jaffray. $19.50 price target. The valuation is more attractive, following the recent merger termination, Piper said.
Cardinal Health (CAH) was downgraded to market perform at Leerink Partners. $75 price target. Earnings estimates were also reduced, as the company is facing multiple growth headwinds, Leerink said.
Alphabet (GOOGL) was initiated with a buy rating at Aegis Capital. $980 price target. The company has multiple growth tailwinds and is buying back stock, Aegis said.
Monster Beverage (MNST) was upgraded to buy at Jefferies. $58 price target. The company is attractively valued and sales growth is accelerating, Jefferies said.
Westinghouse Air Brake Technologies (WAB) was upgraded to outperform from market perform at William Blair. $95 price target. The company should benefit from tax reform and deserves a higher multiple, William Blair said.
This article was written by a staff member of TheStreet.