NEW YORK (TheStreet) -- RATINGS CHANGES
Crocs (CROX) was upgraded at Piper Jaffray to overweight from neutral. Estimates were also increased, as management can continue to turn the business around in the second half of the year, Piper Jaffray said.
Cisco (CSCO) was downgraded at Sterne Agee CRT to neutral. Twelve-month price target is $31. Company appears to have limited earnings leverage in the coming quarters, Sterne Agee CRT said.
Dupont (DD) was upgraded at Bank of America/Merrill Lynch to neutral from underperform. Valuation call, based on a 12-month price target of $76. Estimates were also increased, as the company is cutting more costs, Bank of America/Merrill Lynch said.
Brinker (EAT) was upgraded at Miller Tabak to buy from hold. Twelve-month price target is $65. Chili's comp sales growth appears to have accelerated, Miller Tabak said.
Ingersoll-Rand (IR) was upgraded at Keybanc Capital Markets to overweight from sector weight. Twelve-month price target is $80. Analysts see further runway on what has been consistently strong execution at driving margin improvement and above-average growth, both of which analysts expect to continue, Keybanc Capital Markets said.