Updated from 8:56 a.m. EDT to include more ratings and earnings changes.
Change in Ratings
BE/Aerospace (BEAV) was upgraded from Hold to Buy at Canaccord Genuity. $60 price target. Earnings visibility is improving through 2017.
DreamWorks (DWA) was downgraded to Underperform at Bank of America/Merrill Lynch. $16 price target. Estimates also cut, with few major film releases expected.
was upgraded from Neutral to Buy at Sterne Agee. $300 price target. Company is seeing higher growth and deserves a premium valuation.
ON Semiconductor (ON) - Get ON Semiconductor Corporation Report was upgraded from Neutral to Outperform at Wedbush. $14 price target. Company should see higher demand in the coming quarters and is buying back more stock.
SolarCity (SCTY) was downgraded from Buy to Neutral at Goldman Sachs. Company was also removed from the Conviction List. $41 price target. Company lacks near-term visibility.
Stock Comments / EPS Changes
Gap (GPS) - Get Gap Inc. (The) Report estimates, target cut at Oppenheimer. Shares of GPS now seen reaching $28, according to Oppenheimer. Estimates also reduced, given higher forex pressures. Perform rating.
Starbucks (SBUX) - Get Starbucks Corporation Report estimates, target boosted at Credit Suisse. Shares of SBUX now seen reaching $61, according to Credit Suisse. Estimates also upped, given strong earnings momentum. Neutral rating.
Whole Foods (WFM) numbers cut at Jefferies. Shares of WFM now seen reaching $33, according to Jefferies. Estimates also reduced, given increased price competition. Hold rating.
This article was written by a staff member of TheStreet.