Advisory Board (ABCO) was downgraded to neutral from overweight at Piper Jaffray. The valuation is less attractive, based on a $42 price target.
Actuant (ATU) was downgraded to sector perform from outperform at RBC Capital. $27 price target. The valuation is less attractive, as the company is trading at 20x expected 2018 earnings, RBC said.
Colfax undefined was upgraded to outperform from sector perform at RBC Capital. $43 price target. The market demand is near the bottom and restructuring should boost future growth, RBC said.
Fortive (FTV) - Get Free Report was upgraded to outperform from neutral at Credit Suisse. $60 price target. Earnings estimates were also increased, given a recovery in organic growth, Credit Suisse said.
GrubHub undefined was upgraded to overweight from equal-weight at Morgan Stanley. $44 price target. The company is seeing user growth and higher incremental spending, Morgan Stanley said.
This article was written by a staff member of TheStreet.