NEW YORK (TheStreet) -- RATINGS CHANGES
Avery Dennison (AVY) was upgraded at Topeka Capital to buy from hold. Twelve-month price target is $58.50. PSM demand has improved and the company offers a solid defensive investment, Topeka Capital said.
Discovery (DISCA) was downgraded at RBC Capital to sector perform from outperform. Ad trends remain soft and international growth is decelerating, RBC Capital said.
Emerson (EMR) was downgraded at Deutsche Bank to hold from buy. Twelve-month price target is $68. Estimates were also cut, given the company's exposure to lower oil prices, Deutsche Bank said.
GoPro (GPRO) was upgraded at J.P. Morgan to overweight from neutral. Valuation has come in, offering attractive entry, J.P. Morgan said.
Hain Celestial (HAIN) was downgraded at RBC Capital to sector perform from outperform. Domestic organic sales trends have moderated, RBC Capital said.
Lululemon (LULU) was upgraded at Telsey Advisory to outperform from market perform. Twelve-month price target is $60. Comp sales and margins can continue to grow, Telsey said.
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