NEW YORK (TheStreet) -- RATINGS CHANGES

Brown-Forman (BFB) was downgraded at Deutsche Bank to hold. Valuation call, based on a 12-month price target of $99.

CenturyLink (CTL) - Get Report was upgraded to buy at TheStreet Ratings.

Omnicom (OMC) - Get Report was initiated with a neutral rating at Nomura. Valuation call, based on a 12-month price target of $77.

FreightCar America (RAIL) - Get Report was upgraded to buy at TheStreet Ratings.

WEX (WEX) - Get Report was initiated with a hold rating at Deutsche Bank. Valuation call, based on a 12-month price target of $124.

Williams-Sonoma (WSM) - Get Report was downgraded at Morgan Stanley to equal-weight. Operating momentum is slowing, Morgan Stanley said. Twelve-month price target is $74.

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TheStreet Ratings team rates OMNICOM GROUP as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:

"We rate OMNICOM GROUP (OMC) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, revenue growth, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins."

You can view the full analysis from the report here: OMC Ratings Report

TheStreet Ratings team rates WILLIAMS-SONOMA INC as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:

"We rate WILLIAMS-SONOMA INC (WSM) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow."

You can view the full analysis from the report here: WSM Ratings Report

This article was written by a staff member of TheStreet.