NEW YORK (TheStreet) -- RATINGS CHANGES
Centurylink (CTL) - Get Report was downgraded at Goldman Sachs to sell from neutral. Twelve-month price target is $33. Margins and free cash flow will likely deteriorate in the coming quarters, Goldman Sachs said.
Insulet (PODD) - Get Report was downgraded at Canaccord Genuity to hold from buy. Twelve-month price target is $35. Estimates were also cut, given new patient numbers and growth trends, Canaccord Genuity said.
Rackspace (RAX) was upgraded at Pacific Crest to outperform. Company is realizing higher margins and is attractively valued, Pacific Crest said. Twelve-month price target is $58.
Williams-Sonoma (WSM) - Get Report was downgraded at Piper Jaffray to neutral from overweight. Twelve-month price target is $84. Expect higher promotional activity in the industry, Piper Jaffray said.
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This article was written by a staff member of TheStreet.