Electronic Arts (EA) - Get Report was initiated with an overweight rating at Morgan Stanley. $101 price target. Market is underestimating the company's earnings power, given the transition towards digital, Morgan said.
Bel Fuse (BELFA) - Get Report was upgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: BELFA.
NextEra (NEE) - Get Report was downgraded to hold from buy at Deutsche Bank. $131 price target. Execution headwinds are mounting, Deutsche said.
Packaging Corp. (PKG) - Get Report was upgraded to buy from hold at Deutsche Bank. $90 price target. The company should benefit from potentially higher industry pricing, Deutsche said.
Seneca Foods (SENEA) - Get Report was downgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: SENEA.
Prudential (PRU) - Get Report was upgraded to buy from neutral at Goldman Sachs. The company was also placed on the Conviction Buy list with a $93 price target, Prudential is leveraged to favorable equity markets and lower rate and currency headwinds, Goldman said.
Twitter (TWTR) - Get Report was downgraded to underperform at RBC Capital. $14 price target. The valuation proposition to advertisers is waning, RBC said.
Yum Brands (YUM) - Get Report was downgraded to outperform from top pick at RBC Capital. $97 price target. The valuation is less attractive, with shares up 24% on the year, RBC said.
STOCK COMMENTS & EPS CHANGE
Shares of Nike (NKE) - Get Report are now seen reaching $52, according to Canaccord Genuity. Earnings estimates were also reduced, as future orders will likely slow down, Canaccord said. Hold rating.
This article was written by a staff member of TheStreet.