NEW YORK (TheStreet) -- RATINGS CHANGES

Air Products (APD - Get Report)  was upgraded to buy at Goldman Sachs. $154 price target. Company offers growth at an attractive valuation.

Actuant (ATU - Get Report) was upgraded at JP Morgan from underweight to neutral. $21 price target. Valuation call, as the stock is down 20% year-to-date.

Bed Bath & Beyond (BBBY - Get Report)  coverage was initiated with a Hold rating at Jefferies. $63 price target. Company is seeing softer sales and earnings.

Dish (DISH - Get Report) rated new buy at Deutsche Bank. $92 price target. Company has and attractive wireless spectrum that would be attractive to multiple potential acquirers/lessees.

Mead Johnson (MJN) downgraded at BofA/Merrill from Neutral to Underperform, Bank of America/Merrill Lynch said. $78 price target. Expect China to continue to weigh on the stock.

Nike (NKE - Get Report) upgraded at DA Davidson to Buy, DA Davidson said. $140 price target. Company has an enviable brand position and can deliver compelling earnings growth.

Qualys (QLYS - Get Report) upgraded at Credit Suisse from Neutral to Outperform. $45 price target. Estimates also cut, as the company is cutting costs. 

Tupperware (TUP - Get Report) downgraded at BofA/Merrill from Neutral to Underperform. $56 price target. See downside to consensus earnings expectations.

Yum Brands (YUM - Get Report) upgraded at Credit Suisse from Underperform to Neutral, Credit Suisse said. $75 price target. Valuation call, as the company will likely spin out its China operations. 

Stock Comments / EPS Changes 

Mead Johnson (MJN) numbers cut at Credit Suisse. Shares of MJN now seen reaching $86, according to Credit Suisse. Estimates also reduced, as management will likely cut guidance later this month. Outperform rating. 

Constellation Brands (STZ - Get Report) numbers raised at Citi. Shares of STZ now seen reaching $136, according to Citigroup. Estimates also increased, as the company is realizing higher margins. Neutral rating.

 

 

 

This article was written by a staff member of TheStreet.