Analysts' Actions: APA BLOX SOHU STLD X

NEW YORK (TheStreet) -- CHANGE IN RATINGS

Apache (APA) was downgraded at Credit Suisse to neutral from outperform. Twelve-month price target is $102. Free cash flow will likely remain depressed for a couple of years, Credit Suisse said.

Infoblox (BLOX) was downgraded at Needham to hold from buy. Company cut guidance, Needham said.

Infoblox was downgraded at Sterne Agee to neutral. Twelve-month price target is $20. Company cut 2014 guidance, Sterne Agee said.

Infoblox was downgraded at Wedbush to neutral from outperform. Twelve-month price target is $25. Company is seeing a material deceleration in growth and the timeline for a recovery is uncertain, Wedbush said.

Burlington Stores (BURL) was upgraded at Morgan Stanley to overweight from equal-weight. Twelve-month price target is $29. Valuation call, as the stock is down 23% year to date, Morgan Stanley said.

WW Grainger (GWW) was downgraded at Goldman Sachs to sell from neutral. Twelve-month price target is $232. Weak pricing could weigh on margins, Goldman Sachs said.

Allscripts Healthscripts (MDRX) was upgraded at Maxim Group to buy from hold. Twelve-month price target is $20. New product lineup should drive growth, Maxim Group said.

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Noble
( NE) was downgraded to hold at TheStreet Ratings.

Rowan
( RDC) was downgraded to hold at TheStreet Ratings.

Reliance Steel (RS) was upgraded at Bank of America/Merrill Lynch to buy. Twelve-month price target is $77. Stock is down 9% year to date, but the company is leveraged to better U.S. demand and a recovery in volume, BofA/Merrill said.

RSP Permian (RSPP) was initiated at UBS with a buy rating. Attractive long-term growth potential, UBS said. Twelve-month price target is $27.

Sohu.com (SOHU) was downgraded at Morgan Stanley to underweight from equal-weight. Twelve-month price target is $57.60. Company is in a transition period and could see lower margins, Morgan Stanley said.

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