Analysts' Actions -- American Eagle, Best Buy, Sony, Valeant and More

RATINGS CHANGES

American Eagle (AEO) was upgraded to buy from hold at Deutsche Bank. $22 price target. 

Best Buy (BBY) was downgraded to hold from buy at Jefferies. $36 price target. 4K TV sales cycle is maturing, Jefferies said. 

Bright Horizons (BFAM) was upgraded to overweight from neutral at Jefferies. $76 price target. The company can expand margins in the coming quarters, Jefferies said. 

Dollar General (DG) was downgraded to hold from buy at Jefferies. $96 price target. The valuation is less attractive, as the company is facing increased competition, Jefferies said. 

Esterline (ESL) was upgraded to buy at Drexel Hamilton. $86 price target. Margins will likely recover in the coming quarters, Drexel said. 

Maui Land & Pineapple (MLP) was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: MLP.

Ritchie Bros (RBA) was upgraded to overweight from sector weight at Keybanc. $34 price target. The valuation is more attractive, following a recent 15% decline, Keybanc said. 

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

Valeant Pharmaceuticals (VRX) was upgraded to neutral from underperform at Mizuho. $25 price target. The valuation is more attractive, given new guidance and based on sum-of-the-parts, Mizuho said. 

This article was written by a staff member of TheStreet.

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