NEW YORK (TheStreet) -- RATINGS CHANGES
Bruker (BRKR) was downgraded at William Blair to market perform. CFO departure is a negative, William Blair said.
Charter (CHTR) was upgraded at Wunderlich to buy from hold. Twelve-month price target is $221. Valuation call, given the likelihood for increased consolidation in the industry, Wunderlich said.
3D Systems (DDD) was downgraded at Oppenheimer to perform from outperform. Stock has already dropped, but the company still has several operational issues to address, Oppenheimer said.
Dick's Sporting Goods (DKS) was upgraded at BMO Capital to outperform. Twelve-month price target is $63.Company can deliver consistent, double-digit annual growth in the next few years, BMO Capital said.
Equinix (EQIX) was downgraded at Stifel to hold from buy. Stifel removed its 12-month price target of $285. Shares are fairly valued, with few remaining positive catalysts following Wednesday's positive private letter ruling announcement on REIT conversion, Stifel said.
NetApp (NTAP) was downgraded at Cantor Fitzgerald to hold from buy. Twelve-month price target is $35. The combination of secular challenges and execution/transition issues leaves NTAP vulnerable to customer retention issues and market share losses in a very competitive storage market, Cantor Fitzgerald said.