NEW YORK (

TheStreet

) --

CHANGE IN RATINGS

Alaska Air

(ALK) - Get Report

was upgraded at Morgan Stanley to equal-weight based on improved fiscal-year 2013-2014 estimates. Company's high relative margin strength has potential to generate cash returns, Morgan Stanley said. Price target was raised to $65.

Alpha Natural

(ANR)

was upgraded at Deutsche Bank to buy from hold. $7.50 price target. There is room for improvement in the coking coal market, Deutsche Bank said.

Bristol-Myers

(BMY) - Get Report

was downgraded at Jefferies to hold from buy. Valuation call, based on a $49 price target, Jefferies said.

Quest Diagnostics

(DGX) - Get Report

was initiated with a neutral rating at Robert Baird. $58 price target. Turnaround story may still take some time, Robert Baird said.

Discovery

(DISCA) - Get Report

was downgraded to neutral from buy at B. Riley. Valuation call, as the stock is up 33% year to date, B. Riley said.

Read: Hold BB&T Ahead of Earnings

Eaton

(ETN) - Get Report

was initiated with a buy rating at Argus Research. $78 price target. Company should benefit from secular infrastructure growth trends, Argus said.

FedEx

(FDX) - Get Report

was initiated with a buy rating at Wunderlich. $120 price target. Company should benefit from favorable long-term secular trends, Wunderlich said.

F5 Networks

(FFIV) - Get Report

was upgraded at Piper Jaffray to overweight from neutral. $88 price target. Company can execute better and deliver better product growth, Piper Jaffray said.

Hormel

(HRL) - Get Report

was upgraded at BMO Capital to outperform from market perform. $49 price target. Company has multiple potential earnings levers, BMO Capital said.

Read: Dow Earnings Preview: Microsoft, Intel, GE, Verizon

Kroger

(KR) - Get Report

was downgraded at Goldman Sachs to sell from neutral despite increased $35 price target, Goldman Sachs said. The best-in-class grocer now trades at a premium as the market has priced-in KR's price and position advantages, Goldman said.

LPL Financial

(LPLA) - Get Report

was upgraded to buy at TheStreet Ratings.

NewStar Financial

(NEWS)

was upgraded to buy at TheStreet Ratings.

Pfizer

(PFE) - Get Report

was downgraded at Jefferies to hold from buy. Valuation call, based on a $30 price target, Jefferies said.

Quality Systems

(QSII)

was upgraded at Robert Baird to outperform from neutral. $26 price target. Company has the lowest valuation in the sector but should see improved themes and bookings in the near future, Robert Baird said.

Regeneron

(REGN) - Get Report

was upgraded at Lazard Capital Markets to buy and given a new $298 price target. Growth potential in multiple business lines, said Lazard Capital Markets. The company is positioned to reap large sums of cash from its drug Eylea and a new class of biologics, Lazard Capital Markets also said.

Sprint

(S) - Get Report

was downgraded at J.P. Morgan to neutral and given a new $7 price target. Changes were based on share price/valuation discrepancies, J.P. Morgan said. Company will likely become price-competitive and generate profits in the future but is scheduled for infrastructure and local-marketing development in the near term, J.P. Morgan said.

Read: How to Launch a Business While Keeping Your Job

Sodastream

(SODA) - Get Report

was downgraded at Oppenheimer to perform from outperform. Company could post choppy second-quarter results, Oppenheimer said.

Target

(TGT) - Get Report

was downgraded at Deutsche Bank to hold from buy. Valuation call, based on a $74 price target, Deutsche Bank said.

Texas Roadhouse

(TXRH) - Get Report

was downgraded at BMO Capital to market perform. Valuation call, as the stock is up 50% year to date, BMO Capital said.

Wendy's

(WEN) - Get Report

was upgraded at BMO Capital to outperform. $7 price target. Company is an attractive, long-term turnaround story, BMO Capital said.

Xilinx

(XLNX) - Get Report

was upgraded at Citigroup to buy and given a new $50 price target. Changes were based on higher 2014 estimates, Citigroup said. The company is poised for above-industry growth driven by Chinese wireless infrastructure development, Citi said.

Yelp

(YELP) - Get Report

was initiated with a buy rating at Needham. Company can continue to deliver growth in the coming years, Needham said.

STOCK COMMENTS/EPS CHANGES

Gap

(GPS) - Get Report

estimates, price target were raised at Sterne Agee. Shares are now seen reaching $40. Estimates were also increased, given solid comp sales growth, Sterne Agee said. Underperform rating.

Johnson Controls

(JCI) - Get Report

was added to Priority Stock List at Wells Fargo. Stock has underperformed since May, but the new CEO can turn things around, Wells Fargo said.

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This article was written by a staff member of TheStreet.