Analog Devices (ADI - Get Report) was downgraded to neutral from buy at Bank of America/Merrill Lynch. $60 price target. The 'Brexit' vote has added to macro uncertainty for the chip sector, analysts said.
Arista Networks (ANET - Get Report) was downgraded to underperform from buy at Bank of America/Merrill Lynch. $65 price target. Patent infringement ruling could cause disruptions in the coming quarters, analysts said.
Hawaiian Airlines (HA - Get Report) was upgraded to buy from hold at Deutsche Bank. $41 price target. The valuation is more attractive, with shares down more than 30% over the past two months, Deutsche said.
HealthSouth (HLS) was downgraded to underweight at Barclays. The valuation is less attractive, based on a $42 price target.
Manpower (MAN - Get Report) was downgraded to neutral from outperform at Credit Suisse. $73 price target. Earnings estimates were also cut, following uncertainty from the 'Brexit' vote, Credit Suisse said.
Skyworks Solutions (SWKS - Get Report) was initiated with an underperform rating at Morgan Stanley. $61 price target. Earnings estimates are below consensus, as the company is facing increased competition, Morgan Stanley said.