RATINGS CHANGES

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. 

Ally Financial (ALLY) - Get Ally Financial Inc Report was downgraded to market perform from outperform at Wells Fargo. The company has limited earnings upside potential, Wells 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. 

Twenty-First Century Fox (FOX) - Get Fox Corporation Class B Report (FOXA) - Get Fox Corporation Class A Report was upgraded to buy at TheStreet Ratings. 

H&R Block (HRB) - Get H&R Block, Inc. (HRB) Report was downgraded to perform at Oppenheimer. Volume was disappointing during tax season, Oppenheimer said. 

TheStreet Recommends

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. 

ResMed (RMD) - Get ResMed Inc. Report was downgraded to neutral from overweight at Piper Jaffray. $57 price target. The company is facing growth headwinds and lacks near-term catalysts, Piper said. 

Stryker (SYK) - Get Stryker Corporation Report was upgraded to buy from neutral at Sterne Agee. $130 price target. The company can grow sales and continue to expand margins, Sterne 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 (TWTR) - Get Twitter, Inc. Report was downgraded to neutral from overweight at JPMorgan. $18 price target. The company is facing continued user and advertising challenges, JPMorgan 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. 

Xerox (XRX) - Get Xerox Holdings Corporation (XRX) Report was downgraded to sell at TheStreet Ratings. 

This article was written by a staff member of TheStreet.