NEW YORK (TheStreet) -- RATINGS CHANGES
Cisco (CSCO) - Get Cisco Systems, Inc. Report was downgraded to equal-weight by Morgan Stanley, which set a $30 price target. Morgan Stanley cited valuation, saying Cisco has limited operating leverage.
Fresh Market (TFM) was downgraded to market perform outperform by BMO Capital, which set a $28 price target, saying that lower pricing could drive negative comp sales.
Harsco (HSC) - Get Harsco Corporation Report was upgraded to overweight from sector weight by Keybanc, which set a $18.50 price target. While known challenges around steel and oil and gas fundamentals remain at large, there is significant valuation support from SOTP analysis and an intriguing entry point given the operational improvement runway in Project Orion, NT catalyst in Harsco's ability to refinance its debt and committed management action toward optimizing the portfolio, Keybanc said.
Mistras Group (MG) - Get Mistras Group, Inc. Report was upgraded to overweight from sector weight by Keybanc, which set a $19 price target, pointting to stabilizing earnings before interest, taxes, depreciation and amoritization in fiscal 2016.
Micron (MU) - Get Micron Technology, Inc. (MU) Report was downgraded to neutral from outperform by Wedbush, which set a $19 price target, saying that the DRAM market likely won't improve for another year.
Oasis Petroleum (OAS) - Get Oasis Petroleum Inc. Report was upgraded to outperform from market perform by BMO Capital, which set a $16 price target, saying that the company can execute well, even in a lower pricing environment.
Silicon Motion Technology (SIMO) - Get Silicon Motion Technology Corporation Sponsored ADR Report was upgraded to overweight from sector weight by Keybanc, which set a $32 price target, citing growth opportunities and valuation.
Vulcan Materials (VMC) - Get Vulcan Materials Company Report was upgraded to neutral by DA Davidson, which set a $106 price target, saying the company has solid fundamentals and is attractively valued.