Analysts' Actions: CBD DBD MSFT RYN SYK

NEW YORK (TheStreet) -- CHANGE IN RATINGS

Baxter (BAX) was upgraded at Credit Suisse to outperform from neutral. $80 price target. Biogen Idec (BIIB) is facing delays in a competing product, and the company could split its business, Credit Suisse said.

Bristow (BRS) was upgraded to neutral at Goldman Sachs. Company is defensive and can deliver 15% to 20% annual growth, Goldman said.

Companhia Brasileira De Distribuicao (CBD) was upgraded to buy at TheStreet Ratings.

Darling (DAR) was downgraded at Wedbush to neutral from outperform. $20 price target. Estimates also cut, given lower biodiesel demand, Wedbush said.

Diebold (DBD) was upgraded at Keybanc to buy. $35 price target. Turnaround story is becoming more compelling, Keybanc said.


Hornbeck Offshore (HOS) was downgraded at Goldman Sachs to sell from neutral. $53 price target. Gulf of Mexico rig count will not grow as quickly as expected, Goldman said.

InterContinental Exchange (ICE) was upgraded at BMO Capital to outperform from market perform. $224 price target. New analyst said the company will sell Euronext and buy back shares, BMO Capital said.

Maxim (MXIM) was upgraded at MKM Partners to buy from neutral. $35 price target. Company should see better end-market demand, MKM Partners said.

Microsoft (MSFT) was downgraded at Bank of America/Merrill Lynch to underperform. $36 price target. CEO transition adds risks to the model, BofA/Merrill said.

Nvidia NVDA was downgraded at Morgan Stanley to underweight. $13 price target. Earnings upside potential is uncertain, Morgan Stanley said.

ON Semiconductor ONNN was downgraded at MKM Partners to neutral from buy. $8 price target. Company is leveraged by a soft macro environment, MKM Partners said. 

Rayonier (RYN) was upgraded at RBC Capital to outperform from sector perform. Real Estate business can drive earnings upside, RBC Capital said.

Stryker (SYK) was downgraded to hold at TheStreet Ratings.


Stock Comments / EPS Changes

Dick's Sporting Good (DKS) bumps up estimates at UBS. Company expected to experience better-than-expected trends in sales. $59 price target and buy rating.

Fresh Market (TFM) estimates were lowered at UBS. The company decreased its numbers, UBS said. Headwind in company sales from the government shutdown, UBS also said. $56 price target and neutral rating.

Medtronic
(MDT) estimates, price target were raised at Credit Suisse. Shares are now seen reaching $62. Estimates were also increased, given better TAVI, diabetes results and more favorable currency rates, Credit Suisse said. Neutral rating.

Maximus (MMS) price target, estimates were boosted at Jefferies. Maximus increased its own numbers, Jefferies said. Strong operating momentum and growing sales pipeline, Jefferies also said. $53 price target and buy rating.

MarkWest Energy Partners (MWE) estimate, price target were lowered at Jefferies. MarkWest lowered its numbers, Jefferies said. Throughput volumes projected to ramp more slowly than previously forecast, Jefferies also said. $77 price target and buy rating.

Packaging Corp. of America (PKG) estimates, price target were increased at Jefferies. Packaging Corp. increased its own numbers, Jefferies said. Higher estimates reflect the Boise acquisition, Jefferies also said. $69 price target and buy rating.

Vitamin Shoppe (VSI) was added to the Conviction Buy List at Goldman Sachs. $65 price target. Expect same-store sales to accelerate, Goldman Sachs said.

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This article was written by a staff member of TheStreet.

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