RATINGS CHANGES

Archer Daniels Midland (ADM - Get Report) was downgraded to neutral from buy at Bank of America/Merrill Lynch. $40 price target. The company lacks near-term catalysts, said BofA/Merrill.

C.H. Robinson (CHRW - Get Report) was downgraded to market perform from outperform at BMO Capital. This was a valuation call, based on a $74 price target, BMO said.

Ingersoll-Rand (IR - Get Report) was upgraded to buy from neutral at Nomura. $68 price target. Margin has compressed, but the company is expanding margins and improving productivity, said Nomura.

Grand Canyon (LOPE - Get Report) was upgraded to outperform from neutral at Credit Suisse. This was a valuation call, based on a $62 price target, said Credit Suisse.

Micron Technology (MU - Get Report) was downgraded to reduce from neutral at Nomura. $8 price target. The company will continue to face increased DRAM competition, said Nomura.

Safety Insurance (SAFT - Get Report) was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: SAFT Ratings Report.

Stratasys (SSYS - Get Report) was downgraded to underweight from neutral at JPMorgan. $22 price target. This was a valuation call, as the stock is up 47% in the past five trading sessions, JPMorgan said.

U.S. Concrete (USCR - Get Report) was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: USCR Ratings Report.

 

This article was written by a staff member of TheStreet.