Analysts' Actions -- Chipotle, Nvidia, Qualcomm, Teva and More

RATINGS CHANGES

AAR Corp. (AIR) was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: AIR.

Chipotle Mexican Grill (CMG) was downgraded to equal-weight from overweight at Morgan Stanley. $405 price target. The company is still struggling to win back customers, Morgan Stanley said. 

Equinix (EQIX) was downgraded to hold from buy at Jefferies. The valuation is not as attractive, based on a $400 price target, Jefferies said. 

IHS Markit (INFO) was upgraded to buy from hold at Deutsche Bank. $42 price target. Organic revenue growth can accelerate and drive solid earnings growth, Deutsche said. 

Lincoln Financial (LNC) was downgraded to neutral at Goldman Sachs. $46 price target. The company lacks near-term catalysts, Goldman said. 

Nvidia (NVDA) was downgraded to underperform at Wells Fargo. The company is facing increased competition from AMD and Intel, Wells Fargo said. 

PG&E (PCG) was upgraded to outperform at RBC Capital. The valuation is more attractive, based on a $71 price target, RBC said. 

Qualcomm (QCOM) was downgraded to underperform from market perform at BMO Capital. $50 price target. The company has multiple potential negative catalysts, BMO said. 

Ritchie Bros. (RBA) was downgraded to hold at Jefferies. $35 price target. The valuation is less attractive, with shares up 45% year-to-date, Jefferies said. 

Select Comfort (SCSS) was upgraded to neutral from underperform at Bank of America/Merrill Lynch. $25 price target. The company will likely achieve near-term guidance, analysts said. 

SunTrust (STI) was downgraded to underperform from neutral at Robert Baird. The valuation is less attractive, based on a $41 price target, Robert Baird said. 

Teva Pharmaceuticals (TEVA) was downgraded to neutral from buy at Goldman Sachs. The valuation is less attractive, based on a $60 price target, Goldman said. 

Torchmark (TMK) was upgraded to neutral from sell at Goldman Sachs. $60 price target. The company has an attractive defensive profile, Goldman said. 

TSR Inc. (TSRI) was downgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: TSRI.

This article was written by a staff member of TheStreet.

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