Apple (AAPL) - Get Apple Inc. (AAPL) Report was downgraded to perform at Oppenheimer. Earnings estimates were also cut, as results will likely remain weak until the next iPhone launch, Oppenheimer said.
American Eagle (AEO) - Get American Eagle Outfitters, Inc. Report was downgraded to market perform from outperform at BMO Capital. $14 price target. The company lacks near-term catalysts and margins will likely be flat to down in the coming quarters, BMO said.
First Interstate (FIBK) - Get First Interstate BancSystem, Inc. Class A Report was downgraded to market perform from outperform at Keefe, Bruyette & Woods. The valuation is less attractive, based on a $30 price target, analysts said.
JetBlue (JBLU) - Get JetBlue Airways Corporation Report was upgraded to outperform from market perform at Cowen. $24 price target. Sales have likely bottomed and capacity growth is slowing, Cowen said.
Total System (TSS) - Get Total System Services, Inc. Report was upgraded to outperform from market perform at Wells Fargo. $18 price target. The company can continue to deliver organic growth and the TransFirst ST deal will augment this thesis, Wells said.
Twitter was also downgraded at Bank of America/Merrill Lynch, to underperform from neutral. $15 price target. The company is struggling to grow user monetization, analysts said.
Wolverine World Wide (WWW) - Get Wolverine World Wide, Inc. Report was downgraded to underperform at Sterne Agee. $15 price target. Inventory is rising and the company has limited near-term visibility, Sterne said.
This article was written by a staff member of TheStreet.