NEW YORK ( TheStreet) -- CHANGE IN RATINGS Abercrombie & Fitch ( ANF) was downgraded at Robert Baird to neutral from outperform. $42 price target. Have lower confidence in the company's ability for sales and margin improvement, Robert Baird said. Anworth Mortgage ( ANH) was downgraded to sell at TheStreet Ratings. Centurylink ( CTL) was upgraded at Nomura to neutral from reduce. $33 price target. Shares are pricing in slower growth, though the company still generates steady cash flow, Nomura said. Dick's Sporting Goods ( DKS) was downgraded at Oppenheimer to perform from outperform. $44 price target. Recent sales weakness could persist, Oppenheimer said. FTI) was upgraded to buy at Societe Generale. $65 price target. Project slippage fears are likely overdone, Societe Generale said. Guess ( GES) was downgraded at Piper Jaffray to neutral from overweight. $31 price target. Choppy U.S. retail environment will likely defer a business turnaround, Piper Jaffray said. Pandora ( P) was downgraded at Stifel Nicolaus to hold from buy. Investment story has shifted back to a focus on margins, Stifel Nicolaus said. Staples ( SPLS) was downgraded at Credit Suisse to neutral from outperform. Company could face continued margin pressure, Credit Suisse said. $15 price target. SUNE) was upgraded at Needham to buy from hold. $11 price target. Company could carve out its chip business to unlock value, Needham said. VMWare ( VMW) was upgraded at Jefferies to buy from hold. $105 price target. Believe the company can sustain a re-acceleration of growth, Jefferies said. W&T Offshore ( WTI) was downgraded to hold at TheStreet Ratings.