NEW YORK (TheStreet) -- RATINGS CHANGES
Autodesk (ADSK) was downgraded by Wedbush, which set a 12-month price target of $57, saying the company has limited visibility for license sales in the coming quarters.
Chesapeake Energy (CHK) was downgraded to perform from outperform by Oppenheimer, which said that lower oil and gas prices will continue to hurt production and earnings.
Colgate-Palmolive (CL) was downgraded to equal-weight from overweight by Morgan Stanley, which set a 12-month price target of $72. The downgrade was based on valuation, Morgan Stanley said.
Devon Energy (DVN) was upgraded to buy by GMP Securities, which set a 12-month price target of $82, saying Devon has strong operating momentum and net asset value should move higher.
Harley-Davidson (HOG) was downgraded to neutral from outperform by Wedbush, which said that checks suggested lower demand in April and May.
HCA (HCA) was started at outperform by Wedbush, which set a 12-month price target of $93, saying that Parallon can drive growth and that the company can continue to boost earnings through buybacks.
Mohawk Industries (MHK) was initiated at hold by Cantor Fitzgerald, which set a 12-month price target of $174. Acquisition-driven growth prospects are largely reflected in its current valuation following a stellar run since 2012, Cantor Fitzgerald said.