American Eagle (AEO) - Get American Eagle Outfitters, Inc. Report was downgraded to market perform from outperform at Telsey Advisory Group. $16 price target. Holiday sales results lagged its peers and channel checks, Telsey said.
Air Products (APD) - Get Air Products and Chemicals, Inc. Report was upgraded to overweight at Keybanc. $148 price target. The company can expand margins and return cash to shareholders in the coming quarters, Keybanc said.
Genesco (GCO) - Get Genesco Inc. Report was upgraded to overweight from equal weight at Morgan Stanley. $81 price target. The company is turning its inventory over better, which should boost margins, Morgan Stanley said.
General Motors (GM) - Get General Motors Company (GM) Report was upgraded to outperform from neutral at Credit Suisse. $38 price target. Earnings estimates were also increased, as the company likely has more earnings power, Credit Suisse said.
Hanesbrands (HBI) - Get Hanesbrands Inc. (HBI) Report was upgraded to buy from neutral at Nomura Securities. $35 price target. The company has operating leverage and can gain market share, Nomura said.
Mead Johnson (MJN) was downgraded neutral from overweight at JPMorgan. $77 price target. Risks continue to build and management will likely have to lower guidance, JPMorgan said.
Marsh & McLennan (MMC) - Get Marsh & McLennan Companies, Inc. (MMC) Report was downgraded to neutral from outperform at Credit Suisse. $54 price target. Earnings estimates were also cut given slower organic growth, Credit Suisse said.
Newfield Exploration (NFX) was upgraded to outperform from market perform at Wells Fargo. The company has a strong balance sheet and continues to execute well, Wells said.
Pinnacle Foods (PF) was upgraded to outperform at BMO Capital. $50 price target. Focus is shifting toward future earnings power and is the top pick in the space, BMO said.
Children's Place (PLCE) - Get Children's Place, Inc. Report was upgraded to overweight at Morgan Stanley. $89 price target. The company should benefit from struggles at its top rival, Morgan Stanley said.
Under Armour (UA) - Get Under Armour, Inc. Class C Report was downgraded to underweight at Morgan Stanley. $62 price target. The company appears to be losing market share with women and facing lower shoe pricing, Morgan Stanley said.
Whiting Petroleum (WLL) - Get Whiting Petroleum Corporation Report was upgraded to outperform from market perform at Wells Fargo. The company has operational flexibility and ample liquidity, Wells said.
Wyndham (WYN) was upgraded to hold from sell at Deutsche Bank. The valuation looks attractive, based on a $71 price target, Deutsche said.
This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.