Apache (APA) was downgraded to neutral from buy at Citigroup. The valuation is less attractive, based on a $53 price target, Citi said.
B&G Foods (BGS) was downgraded to neutral from buy at DA Davidson. Earnings estimates were also cut, given dilution from a new equity offering, Davidson said.
Buffalo Wild Wings (BWLD) was upgraded to neutral from underperform at Credit Suisse. $165 price target. Having an activist shareholder should help place a floor under the stock, given the opportunity for restructuring, Credit Suisse said.
Community Health (CYH) was downgraded to market perform from outperform at Leerink. $13 price target. The company is struggling to deliver earnings and its deleveraging strategy is being pushed out, Leerink said.
RBC Bearings (ROLL) was downgraded to sector weight from overweight at Keybanc. The company lacks near-term catalysts and earnings estimates are also being cut, Keybanc said.
Terex (TEX) was downgraded to hold from buy at Jefferies. The valuation is less attractive, based on a $25 price target, Jefferies said.
Waste Management (WM) was upgraded to overweight at Keybanc. $74 price target. The company can continue to delivery volume and margin growth, Keybanc said.
Waste Management was downgraded to equal-weight from overweight at Barclays. The valuation is less attractive, based on a $70 price target, Barclays said.