CHANGE IN RATINGS
Etsy(ETSY) - Get Report was upgraded from Underperform to Neutral. Valuation call, based on a $9 price target.
WW Grainger(GWW) - Get Report was downgraded at Morgan Stanley from Overweight to Equal-weight, Morgan Stanley said. $218 price target. Company is facing pricing pressure, which could hurt margins.
Rice Energy (RICE) was upgraded at RBC to Outperform at RBC Capital $21 price target. Company is improving its balance sheet and should benefit from higher gas prices this winter.
Boston Beer(SAM) - Get Report was upgraded at Goldman from sell to neutral. Estimates also increased, given higher expected volume and margins. $244 price target.
Select Medical(SEM) - Get Report was upgraded at JMP from underperform to market perform. Valuation call, based on an $11 price target.
Synchrony Financial(SYF) - Get Report was upgraded from Neutral to Buy, Nomura said. $38 price target. Technical pressure from the GE split has created a buying opportunity.
Whitewave (WWAV) was downgraded from Neutral to Sell, Goldman Sachs said. $42 price target. Organic growth is slowing.
STOCK COMMENTS / EPS CHANGES
Halliburton(HAL) - Get Report estimates, target reduced at BMO. Estimates were cut through 2017. Domestic rig count should continue to decline. Outperform rating and new $49 price target.
IBM(IBM) - Get Report shares now seen reaching $155, according to BMO Capital. Estimates also reduced, given lower software margins. Market Perform rating.
This article was written by a staff member of TheStreet.