NEW YORK (TheStreet) -- CHANGE IN RATINGS
Autodesk (ADSK) was upgraded at Morgan Stanley to overweight. Twelve-month price target is $60. Company has macro tailwinds and should see growth accelerate in 2014, Morgan Stanley said.
Blackberry (BBRY) was downgraded at Oppenheimer to underperform from perform. See another 20% to 30% downside potential in the stock, Oppenheimer said.
Estee Lauder (EL) was upgraded at Deutsche Bank to buy from hold. Twelve-month price target is $82. Company has improving category growth potential and increased emerging-market exposure, Deutsche Bank said.
F5 Networks (FFIV) was upgraded at William Blair to outperform from market perform. Estimates were also increased, given a pickup in spending and better execution, William Blair said.
Finish Line (FINL) was upgraded at Sterne Agee to buy. Twelve-month price target is $33. Current trends in basketball and running are better than expected, Sterne Agee said.
Boardwalk Pipeline (BWP) was downgraded to hold at TheStreet Ratings.
Fortinet (FTNT) was upgraded at Morgan Stanley to overweight. Twelve-month price target is $25. Company should see higher firewall demand and can deliver solid free-cash-flow growth, Morgan Stanley said.
Garmin (GRMN) was upgraded at Oppenheimer to outperform from perform. Twelve-month price target is $58. Profits appear to finally be on the cusp on an inflection point, Oppenheimer said.
Jacobs Engineering (JEC)was upgraded at UBS to buy from neutral. Driven by potential for earnings growth to accelerate over the next 12-18 months from NA energy infrastructure opportunities, UBS said. Twelve-month price target is $75.
Life Time Fitness (LTM) was upgraded at Keybanc to buy from hold. Twelve-month price target is $55. Company can grow earnings by expanding higher-end centers, Keybanc said.