NEW YORK (TheStreet) -- RATINGS CHANGES
Coach (COH) was rated new Outperform at RBC Capital. $36 price target. Company could return to growth in the coming quarters.
Catalent (CTLT) - Get Report was downgraded at Jefferies to Hold. $29 price target. Valuation call, given the company's new guidance.
Con-way (CNW) was upgraded to a buy by TheStreet Ratings team. You can view the full analysis from the report here.
Cvent (CVT) was downgraded at Morgan Stanley from Equal-weight to Underweight. Valuation call, based on a $29 price target.
Solarwinds (SWI) - Get Report was upgraded at Morgan Stanley from Equal-weight to Overweight, Morgan Stanley said. $50 price target. Stock is down 15% an management can turn the business around in the coming quarters.
Waters (WAT) - Get Report was upgraded at BofA/Merrill from Neutral to Buy, Bank of America/Merrill Lynch said. $140 price target. Stock has pulled back, but the company can deliver double-digit annual earnings growth over the next few years.
Stock Comments / EPS Changes
Zendesk (ZEN) - Get Report was upgraded at Morgan Stanley from Equal-weight to Overweight. $28 price target. Company is a market disruptor and management should continue to execute in the coming quarters.
Palo Alto (PANW) - Get Report numbers were boosted at Credit Suisse. Shares of PANW are now seen reaching $215. Estimates also upped, as the company can continue to gain market share. Outperform rating.
This article was written by a staff member of TheStreet.