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RATINGS CHANGES

Acxiom (ACXM) was upgraded to outperform at BMO Capital. $28 price target. Earnings estimates were also increased, given a better growth outlook and higher stock buybacks, BMO said. 

Akorn (AKRX) - Get Akorn Inc. Report was downgraded to hold from buy at Deutsche Bank. $33 price target. The company is facing increased competition, Deutsche said. 

Apache (APA) - Get APA Corp. Report was downgraded to equal-weight at Barclays. $49 price target. The valuation is less attractive, with shares up 45% from the stock's recent low, Barclays said. 

Armstrong World Industries (AWI) - Get Armstrong World Industries, Inc. Report was upgraded to overweight by Keybanc. $50 price target. The company is seeing higher demand in North America, Keybanc said. 

Etsy (ETSY) - Get Etsy, Inc. Report was upgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: ETSY.

FireEye (FEYE) - Get FireEye, Inc. Report was downgraded to neutral from overweight at JPMorgan. $15 price target. The company is facing a challenging outlook in the security business, JPMorgan said. 

Fitbit (FIT) - Get Fitbit, Inc. Class A Report was initiated with a sell rating at TheStreet Ratings. You can view the full analysis from the report here: FIT.

Twenty-First Century Fox (FOX) - Get Fox Corporation Class B Report was downgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: FOX.

TheStreet Recommends

Huntington Ingalls (HII) - Get Huntington Ingalls Industries, Inc. Report was downgraded to market perform at Wells Fargo. The valuation is less attractive, as the company is growing slower than its peers, Wells said. 

Houghton Mifflin (HMHC) - Get Houghton Mifflin Harcourt Company Report was downgraded to market perform from outperform at BMO Capital. $17 price target. The company cut guidance and lacks near-term catalysts, BMO said. 

Kraft Heinz (KHC) - Get Kraft Heinz Company Report was upgraded to buy from hold at Deutsche Bank. $103 price target. The company is a market leaders and aggressively cutting costs, Deutsche said. 

Ligand (LGND) - Get Ligand Pharmaceuticals Incorporated Report was downgraded to sell from hold at Deutsche Bank. The valuation is less attractive, based on a $110 price target, Deutsche said. 

Newfield (NFX) was downgraded to equal-weight from overweight at Barclays. The valuation is less attractive, based on a $44 price target. 

Neenah (NP) - Get Neenah Inc Report was downgraded to neutral from buy at DA Davidson. The valuation is less attractive, based on a $78 price target, Davidson said. 

Teva Pharmaceuticals (TEVA) - Get Teva Pharmaceutical Industries Ltd. Report was downgraded to perform from outperform at Oppenheimer. The company is facing a "toss-up" over the pending decision of Copaxone patents, Oppenheimer said. 

TripAdvisor (TRIP) - Get TripAdvisor, Inc. Report was downgraded to hold from buy at Deutsche Bank. $63 price target. The company is facing monetization and traffic problems, Deutsche said. 

U.S. Steel (X) - Get United States Steel Corporation Report was upgraded to hold from underperform at Jefferies. The company is cutting costs and long-term contracts could be repriced higher in the coming quarters, Jefferies said. 

This article was written by a staff member of TheStreet.