Avery Dennison (AVY) - Get Report was upgraded to overweight from neutral at JPMorgan. $78 price target. The valuation is more attractive, based on an attractive 8% free cash flow yield, JPMorgan said.
Entergy (ETR) - Get Report was downgraded to underweight at Morgan Stanley. $68 price target. The company is seeing weaker sales growth and will likely be cash flow negative through the end of the decade, Morgan said.
Quintiles (Q) was downgraded to neutral from overweight at Piper Jaffray. $72 price target. Merger risks are not being factored into the price, Piper said.
Scripps Networks (SNI) was downgraded to underperform from neutral at Bank of America/Merrill Lynch. $66 price target. The valuation is less attractive, as the stock is up 18% year-to-date, analysts said.
This article was written by a staff member of TheStreet.