Skip to main content

RATINGS CHANGES

American Electric Power (AEP) was upgraded to buy from neutral at Goldman Sachs. The company can deliver above-average growth and is attractively valued, Goldman said. 

AstraZeneca (AZN) was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: AZN.

Calpine (CPN) was upgraded to buy from hold at Deutsche Bank. $20 price target. The valuation is more attractive, as the stock has lagged its peers by 20% year-to-date, Deutsche said. 

FirstEnergy (FE) was downgraded to sell from neutral at Goldman Sachs. The company has high leverage and will likely struggle to meet consensus expectations, Goldman said. 

General Electric (GE) was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: GE.

Nordstrom (JWN) was upgraded to outperform from neutral at Piper Jaffray. $53 price target. The company's anniversary sale is progressing well, Piper said. 

Rockwell Collins (ROK) was downgraded to hold from buy at Canaccord Genuity. $94 price target. The company is seeing softer commercial demand, Canaccord said. 

Sprint (S) was upgraded to sector weight at Pacific Crest. Churn, margin and pre-paid subscriptions are trending ahead of expectations, Pac Crest said. 

Texas Instruments (TXI) was upgraded to buy from neutral at Bank of America/Merrill Lynch. $80 price target. The company has addressed concerns and can deliver 10% annual earnings growth, analysts said. 

Texas Roadhouse (TXRH) was downgraded to underperform at Jefferies. $37 price target. The valuation appears stretched, as same-store sales are normalizing, Jefferies said.

This article was written by a staff member of TheStreet.