Analysts' Actions: Coach, Harley-Davidson, Vertex, Walgreens

NEW YORK (TheStreet) -- RATINGS CHANGES

Brunswick (BC) was upgraded at Keybanc to buy from hold. Twelve-month price target is $55. Product refresh should help grow the business, Keybanc said.

Coach (COH) was downgraded at Bank of America/Merrill Lynch to underperform from neutral. Twelve-month price target was lowered to $31. Productivity is declining and consensus estimates appear as much as 23% too high, BofA/Merrill said.

Harley-Davidson (HOG) was initiated with a sector perform rating at RBC Capital. Valuation call, based on a 12-month price target of $74, RBC said.

Trinity Industries (TRN) was upgraded at UBS to buy from neutral. Reflects building momentum for railcar order with company best positioned to increase production. Twelve-month price target is $51.

Valmont (VMI) was downgraded at Wedbush to neutral from outperform. Twelve-month price target was lowered to $157. Estimates were also cut, because of low near-term visibility and new company guidance, Wedbush said.

Vertex (VRTX) was downgraded at HC Wainwright to neutral from buy. Twelve-month price target is $85. 809 drug still has scientific risks, HC Wainwright said.

Walgreens (WAG) was upgraded at Jefferies to buy from hold. Reflecting potential tax inversion, recap, and cost-cutting initiatives, Jefferies said. Twelve-month price target is $87.

Editor's note: To see analysts' stock comments and changes to price targets and earnings estimates, go to "Street Notes" which is available only to Real Money subscribers. To find out how to become a subscriber, please click here.

Follow TheStreet on Twitter and become a fan on Facebook.

Flying Between the U.S. and China Is Booming; Too Bad It's Not Profitable

Why Barnes & Noble Stock Is Surging This Morning

This article was written by a staff member of TheStreet.

More from Stocks

Market Can't Handle the Wild Ride: Cramer's 'Mad Money' Recap (Thursday 5/24/18)

Market Can't Handle the Wild Ride: Cramer's 'Mad Money' Recap (Thursday 5/24/18)

Replay: Jim Cramer on North Korea, Oil Prices, Apple and Carnival Corporation

Replay: Jim Cramer on North Korea, Oil Prices, Apple and Carnival Corporation

Canopy Growth: First Cannabis Firm on the NYSE Fails to Generate Buzz

Canopy Growth: First Cannabis Firm on the NYSE Fails to Generate Buzz

Video: This Startup Connects Buyers and Sellers of Legal Marijuana

Video: This Startup Connects Buyers and Sellers of Legal Marijuana

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit