CACI International (CACI) - Get Report was downgraded to market perform from outperform at Wells Fargo. The company guided for lower organic sales growth and margins, Wells said.
Home Depot (HD) - Get Report was upgraded to buy from neutral at Nomura. $155 price target. The company has competitive advantages and can add to market share, Nomura said.
McCormick (MKC) - Get Report was upgraded to neutral from sell at Citigroup. $102 price target. The company is reversing market share losses and commodity prices are falling, Citi said.
Shopify (SHOP) - Get Report was initiated with a sell rating at TheStreet Ratings. You can view the full analysis from the report here: SHOP.
Tesla Motors (TSLA) - Get Report was downgraded to equal-weight at Morgan Stanley. $245 price target. The acquisition of SolarCity (SCTY) adds more risk to the model and will not help the company make better cars, Morgan Stanley said.
Valeant Pharmaceuticals (VRX) was downgraded to neutral from overweight at JPMorgan. $50 price target. Near-term business trends remain uncertain, JPMorgan said.
Wolverine World Wide (WWW) - Get Report was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: WWW.
This article was written by a staff member of TheStreet.