NEW YORK ( TheStreet) -- CHANGE IN RATINGSCME Group ( CME) was downgraded at Raymond James to market perform from outperform. Valuation call, as the stock is up 52% year to date, Raymond James said. Dunkin Brands ( DNKN) was initiated with a buy rating at Lazard Capital Markets. $51 price target. Premium franchise growth justifies a premium multiple, Lazard Capital Markets said. Davita ( DVA) was downgraded to market perform from outperform at Raymond James. Rebasing regulations for 2014 came in at the worst-case scenario, Raymond James said. Ebix ( EBIX) was downgraded to hold at TheStreet Ratings.
Groupon ( GRPN) was initiated with a buy rating at Wunderlich. $11 price target. Company can address issues that have left the stock undervalued, Wunderlich said. Illumina ( ILMN) was downgraded at Piper Jaffray to neutral from overweight. $70 price target. Valuation call, as the company faces tough comps, Piper Jaffray said. JPMorgan Chase ( JPM) was upgraded at Raymond James to strong buy from outperform. $64 price target. Estimates were also increased, given higher expected market-related revenue, Raymond James said. Oil States ( OIS) was downgraded at Cowen to market perform from outperform. Valuation call, based on an $89 price target, Cowen said.
Ply Gem Holdings ( PGEM) was initiated with a neutral rating and $22 price target at UBS. The company will benefit from the housing recovery, and the valuation reflects that, UBS said. Polaris Industries ( PII) was initiated with a buy rating and $106 price target at UBS. Visibility of SSV growth will continue to drive the stock, UBS said. Rowan Companies ( RDC) was upgraded at Citigroup to buy from neutral. $42 price target. Revenue, earnings ramp is coming, Citigroup said. Transocean ( RIG) was downgraded at Citigroup to neutral from buy. $52 price target. See a number of headwinds in the year ahead, Citi said. Tesla ( TSLA) was downgraded to hold at TheStreet Ratings. Tractor Supply ( TSCO) was downgraded at Nomura to neutral from buy. Valuation call, based on a $120 price target, Nomura said. Wells Fargo ( WFC) was downgraded at Keefe, Bruyette & Woods to market perform from outperform. Valuation call, based on a $43 price target, Keefe, Bruyette & Woods said.