NEW YORK (TheStreet) -- RATINGS CHANGES
AT&T (T) - Get Report was downgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: T Ratings Report.
Caterpillar (CAT) - Get Report was downgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: CAT Ratings Report.
Broadridge Financial (BR) - Get Report was upgraded at Credit Suisse to outperform from neutral. Twelve-month price target is $55. Company should outperform in a choppy market, Credit Suisse said.
Cavium (CAVM) was downgraded at JMP Securities to market perform from outperform. There is little upside potential to consensus expectations and the company is trading at a valuation that's twice as high as its peers, JMP Securities said.
Fortinet (FTNT) - Get Report was downgraded at Pacific Crest to sector perform. Operating margin is falling short of targets, Pacific Crest said.
General Mills (GIS) - Get Report was downgraded at BMO Capital to market perform from outperform. Valuation call, based on a 12-month price target of $56, BMO Capital said.
Rock-Tenn (RKT) was upgraded at Keybanc to buy from hold. Twelve-month price target is $75. Combination with MeadWestvaco (MWV) makes strategic and financial sense, Keybanc said.
Re/Max (RMAX) - Get Report was downgraded at Bank of America/Merrill Lynch to neutral. Valuation call, based on a 12-month price target of $36, Bank of America/Merrill Lynch said.
Cimarex (XEC) - Get Report was downgraded at Keybanc to hold from buy. Company is leveraged to lower energy prices, although the stock has held up relatively well in recent months, Keybanc said.
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This article was written by a staff member of TheStreet.