NEW YORK (TheStreet) -- RATINGS CHANGES

Boise Cascade (BCC) was downgraded at BMO Capital to market perform. Valuation call, based on a 12-month price target of $40, BMO Capital said.

Clean Harbors (CLH) was upgraded at Wedbush to outperform from neutral. Twelve-month price target is $60. Fundamentals are improving and the company is cutting costs, Wedbush said.

Denbury (DNR) was downgraded at Stifel Nicolaus to neutral. Twelve-month price target is $18. Company cut its earnings and dividend outlook, Stifel Nicolaus said.

Denbury was downgraded at Credit Suisse to neutral from outperform. Investment thesis invalidated due to lower oil prices, Credit Suisse said. Twelve-month price target was lowered to $16 from $19. Recent resignation of two top officers signals that a quick turnaround is unlikely, Credit Suisse said.

Hertz (HTZ) was downgraded at Wells Fargo to market perform from outperform. Estimates were also cut, given higher expected depreciation costs, Wells Fargo said.

Carmax (KMX) was downgraded at Morgan Stanley to equal-weight from overweight. Twelve-month price target is $56. Company faces multiple growth headwinds, Morgan Stanley said.

KB Home (KBH) was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: KBH Ratings Report.

McGraw Hill (MHFI) was upgraded to buy at Benchmark. Twelve-month price target is $106. Outlook is improved, following the business restructuring, Benchmark said.

Mastec (MTZ) was upgraded at DA Davidson to buy from neutral. Valuation call, based on a 12-month price target of $32, DA Davidson said.

Office Depot (ODP) was downgraded at Goldman Sachs to neutral from buy. Supplies and paper sales should continue to erode, Goldman said.

Pinnacle Foods (PF) was upgraded at Deutsche Bank to buy. Twelve-month price target is $37. Company is gaining share, improving productivity and trades at an attractive valuation, Deutsche said.

Procter & Gamble (PG) was downgraded at Canaccord Genuity to hold. Valuation call, based on a 12-month price target of $89.

Phillips 66 (PSX) was upgraded at Credit Suisse to outperform from neutral. Oil weakness creates entry point as lower prices do not affect longer-term forecasts, or management's ability to build a larger and higher multiple business in a few years, Credit Suisse said.

Transocean Partners (RIGP) was initiated at Citigroup with a buy rating. Although high risk, the shares' underperformance have been underlined by belief that weakness in demand for offshore drilling rigs will continue for a sustained period of time, Citigroup said.

Rayonier (RYN) was upgraded at RBC Capital to outperform from sector perform. Valuation call, based on a 12-month price target of $30.

TransDigm Group (TDG) was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: TDG Ratings Report.

TubeMogul (TUBE) was downgraded at Citigroup to neutral from buy. Company remains a best-of-breed digital advertising solution, but shares have been meaningfully rerated since the IPO. After two consecutive positive earnings reports, valuation now reflects positive fundamental view, Citigroup said.

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.

This article was written by a staff member of TheStreet.

More from Stocks

Cigarette Stocks Have Been Smoked This Week -- Here's a Top Trade

Cigarette Stocks Have Been Smoked This Week -- Here's a Top Trade

What Do Trade Wars Mean for High Yield Bond Investors?

What Do Trade Wars Mean for High Yield Bond Investors?

Is General Electric Now a Growth Stock?

Is General Electric Now a Growth Stock?

General Electric, Honeywell, Wells Fargo and Qualcomm - 5 Things You Must Know

General Electric, Honeywell, Wells Fargo and Qualcomm - 5 Things You Must Know

Here's Why General Electric's Stock Isn't Falling Off a Cliff After Earnings

Here's Why General Electric's Stock Isn't Falling Off a Cliff After Earnings