Bloomin' Brands (BLMN - Get Report) was upgraded to outperform from neutral at Credit Suisse. $21 price target. The valuation is more attractive, as management has multiple potential ways to unlock value, Credit Suisse said.
Qlik (QLIK) was downgraded to hold from buy at Deutsche Bank. $30 price target. The valuation isn't as attractive with the stock up more than 70% from its February lows, Deutsche said.
Qlik was downgraded to neutral at Citigroup. The valuation isn't as attractive, based on a $30 price target.
Restaurant Brands (QSR - Get Report) was upgraded to outperform at RBC Capital. $48 price target. Earnings estimates were also increased, given Burger King's momentum and lower currency headwinds, RBC said.
Sonoco (SON - Get Report) was downgraded to underperform from neutral at DA Davidson. $42 price target. The valuation isn't as attractive given that the stock is up 19% over the past two months, DA Davidson said.