RATINGS CHANGES

Citigroup (C) - Get Citigroup Inc. Report was downgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: C Ratings Report.

Cree (CREE) - Get Cree, Inc. Report was downgraded to neutral from overweight at J.P. Morgan. $30 price target. This was a valuation call, as the stock is up 10% year to date.

Deckers (DECK) - Get Deckers Outdoor Corporation Report was downgraded to neutral from buy at Bank of America/Merrill Lynch. $54 price target. The company has multiple headwinds that could linger into fiscal 2017, BofA/Merrill said.

Esterline (ESL) was downgraded to hold from buy at Canaccord Genuity. $75 price target. Macro headwinds are delaying margin expansion, Canaccord said.

Esterline was downgraded to market perform at Wells Fargo. The company lowered its guidance again, Wells Fargo said.

Esterline was downgraded to sector weight from overweight at Keybanc. The company slashed its earnings view by 19%, said Keybanc.

Grubhub (GRUB) - Get Grubhub, Inc. Report was downgraded to perform from outperform at Oppenheimer. The company is facing increased competition, Oppenheimer said.

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LinkedIn (LNKD) was downgraded to market perform at BMO Capital. $150 price target. The company is facing macro headwinds, BMO said.

LinkedIn was downgraded to neutral from overweight at J.P. Morgan. $186 price target. Hiring growth is decelerating and the company is facing macro and currency headwinds, said J.P. Morgan.

LinkedIn was downgraded to sector perform at RBC Capital. $156 price target. The company is seeing a material deceleration of growth, RBC said.

Merck (MRK) - Get Merck & Co., Inc. (MRK) Report was downgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: MRK Ratings Report.

PPL (PPL) - Get PPL Corporation Report was downgraded to hold from buy at Deutsche Bank. This was a valuation call, based on a $37 price target, Deutsche said.

Ralph Lauren (RL) - Get Ralph Lauren Corporation Class A Report was downgraded to neutral from outperform at Credit Suisse. $102 price target. The company is facing a distribution problem, Credit Suisse said.

Ralph Lauren was downgraded to underperform from neutral at Bank of America/Merrill Lynch. $85 price target. The company is seeing soft demand, which is weighing on margins, said BofA/Merrill.

United Natural (UNFI) - Get United Natural Foods, Inc. Report was upgraded to sector perform at RBC Capital. This was a valuation call based on a $35 price target, said RBC.

Wisconsin Energy (WEC) - Get WEC Energy Group Inc (WEC) Report was downgraded to hold from buy at Deutsche Bank. $57 price target. This was a valuation call, as the stock is up 16% since December, Deutsche said.

This article was written by a staff member of TheStreet.