Abbott (ABT - Get Report) was upgraded at Barclays to Overweight. $52 price target. Valuation call, after the stock is down 18% over the past six weeks. 

CME ( CME - Get Report)  was upgraded from Neutral to Buy at Bank of America/Merrill Lynch. $102 price target. Stock has pulled back, but the company can deliver strong volume growth. 
Mead Johnson ( MJN) was upgraded from Neutral to Buy at Nomura. Valuation call, based on a $93 price target. 
Morgan Stanley  ( MS - Get Report) was upgraded from Sector Perform to Outperform, RBC Capital said. $39 price target. Wealth management can continue to drive growth and help management return capital to shareholders.  
Tesla ( TSLA - Get Report) was downgraded from Outperform to Neutral at Robert Baird. $282 price target. Model X ramp could take longer than expected. 

Tesla was rated new Sector Perform at RBC Capital. $280 price target. Company faces execution risks. 

Stock Comments / EPS Changes

Adobe (ADBE - Get Report) estimates, target cut at Credit Suisse. Shares of ADBE now seen reaching $65. Estimates also reduced, given the company's new guidance. Neutral rating. 

Yum Brands ( YUM - Get Report) numbers cut at Barclays. Shares of YUM now seen reaching $73, according to Barclays. Estimates also reduced, given lower China sales and new growth headwinds. Equal-weight rating. 

This article was written by a staff member of TheStreet.