NEW YORK (TheStreet) -- RATINGS CHANGES
Deere (DE) was downgraded at Robert Baird to neutral from outperform. Twelve-month price target is $98. Company lacks near-term catalysts, Baird said.
East West Bancorp (EWBC) was downgraded at BMO Capital to market perform from outperform. Valuation call, based on a $44 price target, BMO Capital said.
Expedia (EXPE) was upgraded at JMP Securities to outperform from market perform. Twelve-month price target is $130. Company is gaining market share and executing well across the globe, JMP Securities said.
First Solar (FSLR) was downgraded at RBC Capital to underperform from sector perform. Twelve-month price target is $34. Expect flatter revenue growth this year and next, RBC Capital said.
Fortinet (FTNT) was upgraded at Needham to buy from hold. Twelve-month price target is $48. Company should see higher enterprise sales, Needham said.
Headwaters (HW) was downgraded at Wedbush to neutral from outperform. Twelve-month price target is $21. Sales growth is decelerating, Wedbush said.