RATINGS CHANGES

Carpenter (CRS) - Get Report was downgraded from overweight to neutral at JP Morgan. $36 price target. Estimates also cut, given the company's new guidance.

Delek US (DK) - Get Report  was upgraded to neutral at Bank of America/Merrill Lynch. Valuation call, based on a $35 price target.

Ecolab (ECL) - Get Report  was downgraded from buy to hold at Deutsche Bank. Valuation call, based on a $125 price target.

Consolidated Edison (ED) - Get Report  was downgraded at Goldman from neutral to sell. Valuation call, ahead of the company's next rate case.

Itron (ITRI) - Get Report was upgraded at Canaccord to buy. $45 price target. Earnings power should improve in the coming quarters.

Oracle (ORCL) - Get Report downgraded at Pacific Crest to sector weight. Company is facing a transition year.

Texas Roadhouse (TXRH) - Get Report upgraded at Keybanc to overweight. $45 price target. Company should benefit from lower beef prices.

Ubiquiti (UBNT) was downgraded from market perform to underperform. $26 price target. Solar and wireless initiatives will likely not be as successful as expected. 

Waddell & Reed (WDR) - Get Report downgraded to market perform at William Blair. Consenus estimates likely remain too high.

STOCK COMMENTS / EPS CHANGES

Edwards Lifesciences (EW) - Get Report added to priority stock list at Wells. Transcatheter heart valves should continue to drive growth.

Kansas City Southern (KSU) - Get Report cut from Analyst Focus List at JP Morgan. $112 price target. Estimates also cut, because of a lower outlook for Mexico.

Suntrust (STI) - Get Report estimates, target raised at BMO. Shares of STI now seen reaching $46, according to BMO Capital. Estimates also increased, given a higher net interest margin and lower costs. Market Perform rating.

This article was written by a staff member of TheStreet.