NEW YORK (TheStreet) -- RATINGS CHANGES
Best Buy(BBY) - Get Report was downgraded to underperform from buy by Bank of America/Merrill Lynch, which set a $32 price target, saying the company will likely see lower comp sales in the second half of the year.
Cablevision (CVC) was downgraded to hold from buy by Jefferies, which set a $24 price target, saying the company is well positioned to be a part of the consolidating cable industry, but fundamental valuation dictates caution, with the stock reflecting some degree of merger-and-acquisition optimism.
Endo International(ENDP) - Get Report was upgraded to top pick from outperform by RBC Capital, which set a $107 price target, saying that the company is attractively valued and consensus numbers appear too low.
Google(GOOGL) - Get Report was upgraded to buy from hold by Axiom, which set an $850 price target, saying that fundamentals have improved significantly and the stock has been stagnate over the past 18 months.
Tempur Sealy International(TPX) - Get Report was started at hold by Cantor Fitzgerald, which set a $64 price target. The company is poised to regain momentum in 2015 as it better leverages a leading global bedding platform, but recent management upheaval and sustained margin deterioration cloud visibility, Cantor Fitzgerald said.
Waste Connections(WCN) - Get Report was upgraded to overweight from sector weight by Keybanc, which set a $55 price target, saying that consensus expectations now appear to sufficiently incorporate E&P downside risks.