Analysts' Actions: BAX CHKP JNJ WDAY YUM

NEW YORK (TheStreet) -- CHANGE IN RATINGS

Alliance Data (ADS) was downgraded at Goldman Sachs to neutral from buy. Valuation call, based on a $280 price target, Goldman Sachs said.

Baxter (BAX) was downgraded at RBC Capital to sector perform from outperform. Twelve-month price target is $73. Company is facing increased competition, RBC Capital said.

Check Point Software (CHKP) was downgraded at UBS to neutral from buy. Less reward to shareholders, including no new cash-back initiatives and no dividends, UBS said. Twelve-month price target is $66.

Johnson & Johnson (JNJ) was downgraded at RBC Capital to sector perform from outperform. Twelve-month price target is $104. New product momentum should drive above-average growth, RBC Capital said.

Mattel (MAT) was downgraded at Goldman Sachs to sell from neutral. Twelve-month price target is $40. Channel checks suggest domestic sales have decelerated, Goldman said.

Monsanto (MON) was downgraded at Topeka Capital to hold from buy. Valuation call, based on a 12-month price target of $127, Topeka Capital said.

Netflix (NFLX) was downgraded at Morgan Stanley to underweight from equal-weight. Twelve-month price target is $310. Company is facing increased competition, Morgan Stanley said.

SuperCom (SPCB) was upgraded to buy at TheStreet Ratings.

Splunk (SPLK) was upgraded at UBS to buy from neutral. Improvement in fundamentals, including new version of products to open up TAM and larger revenue opportunity. Twelve-month price target is $80.

Suntrust was upgraded at BMO Capital to outperform from market perform. Twelve-month price target is $42. Stock trades at a discount to its peers, BMO Capital said.


Urstadt Biddle (UBA)was downgraded to hold at TheStreet Ratings.

Workday (WDAY) was upgraded at UBS to buy from neutral. Disruptive products with few credible competitive threats in the medium term, UBS said. $100 price target.

Yum Brands ( YUM) was upgraded at RBC Capital to Top Pick from outperform. Twelve-month price target is $87. Expect Chinese sales to recover, RBC Capital said.

Stock Comments / EPS Changes

Affiliated Managers Group (AMG) 12-month price target, EPS estimates were increased at Jefferies. The company increased its own numbers, Jefferies said. Positive market backdrop, driven by high-performance fee exposure. Twelve-month price target of $240 and buy rating.

Capital One (COF) was added to the Conviction Buy List at Goldman Sachs. $90 price target. Rising card growth should boost margins, Goldman said.

eBay (EBAY) was added to the Focus List at Compass Point. Company is leveraged to increased smartphone adoption, Compass Point said. Twelve-month price target is $70.

Monster (MNST) estimates, 12-month price target were raised at Stifel Nicolaus. Shares are now seen reaching $75, according to Stifel Nicolaus. Estimates were also increased, given higher expected demand, Stifel Nicolaus said.

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This article was written by a staff member of TheStreet.

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