Change in Ratings
Cheesecake Factory (CAKE) - Get Report was upgraded from Neutral to Buy at BTIG. $60 price target. Company has consistent sales and earnings upside potential.
Crocs (CROX) - Get Report was downgraded from Buy to Neutral, Sterne Agee CRT said. Company lacks near-term catalysts.
Community Health (CYH) - Get Report was downgraded from Outperform to Market Perform at Leerink Partners. $33 price target. Company slashed its guidance.
Deckers (DECK) - Get Report was downgraded from Buy to Neutral, Sterne Agee CRT said. Company has poor visibility for holiday sales.
Dr. Pepper Snapple (DPS) was upgraded from Underperform to Sector Perform at RBC Capital. $90 price target. Despite lofty valuation, the company still has strong operating momentum.
DSW (DSW) - Get Report downgraded at Sterne Agee from Buy to Neutral. Company has lost a key executive and faces uncertain trends.
Marvell (MRVL) - Get Report was downgraded from Buy to Neutral at MKM Partners. $9 price target. Auditor has resigned, which adds uncertainty to the story.
Parker Hannifin (PH) - Get Report was downgraded from Buy to Hold at Argus. Near-term business trends are a problem.
Children's Place (PLCE) - Get Report was downgraded from Buy to Underpeform at Bank of America/Merrill Lynch. $46 price target. Estimates also moving below consensus, as near-term sales could miss expectations.
VMWare (VMW) - Get Report was upgraded from Hold to Buy at Drexel Hamilton. $73 price target. Valuation call, as the stock is down 23% since Oct. 9.
Valeant (VRX) was upgraded to Buy at Mizuho. $155 price target. Management is improving transparency.
Stock Comments / EPS Changes
Caterpillar (CAT) - Get Report shares now seen reaching $70, according to Raymond James. Estimates also increased, given more balanced market supply.
This article was written by a staff member of TheStreet.