American Water (AWK) - Get Report was upgraded to buy from neutral at Bank of America/Merrill Lynch. $84 price target. The company is leveraged to benefit from increased infrastructure spending and privatization, analysts said.
Globus was downgraded to perform at Oppenheimer. $23 price target. Sales force issues will continue to linger, Oppenheimer said.
Globus was downgraded to market perform at William Blair. The company cut guidance, given lower organic growth, Blair said.
Lear (LEA) - Get Report was downgraded to underperform from neutral at Bank of America/Merrill Lynch. $115 price target. The industry is hurt by risk of trade changes, especially NAFTA, analysts said.
Constellation Brands (STZ) - Get Report was downgraded to underperform from buy at Bank of America/Merrill Lynch. $150 price target. Trump victory creates uncertainty for Mexican beer assets, analysts said.
Tenet Healthcare (THC) - Get Report was downgraded to neutral from buy at Bank of America/Merrill Lynch. $25 price target. Desire to repeal healthcare reform is a negative for the hospital sector, analysts said.
This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.