Barracuda (CUDA) was upgraded to overweight at Pacific Crest. $30 price target. The company's visibility is improving and management will likely improve execution, Pac Crest said.
Heico (HEI) - Get Report was downgraded to neutral from buy at Bank of America/Merrill Lynch. $75 price target. The valuation is less attractive, as the company is valued at 25x expected 2017 earnings, analysts said.
McDonald's (MCD) - Get Report was upgraded to outperform from neutral at Robert Baird. $128 price target. The stock has lagged year-to-date, but the company offers an attractive dividend yield, Baird said.
Tech Data (TECD) - Get Report was upgraded to neutral from underperform at Bank of America/Merrill Lynch. $80 price target. The valuation is more attractive, following a 9% post-earnings decline, analysts said.
This article was written by a staff member of TheStreet.