Analysts' Actions -- Clovis, Altria, Sketchers, Wells Fargo and More

RATINGS CHANGES

Clovis Oncology (CLVS) was upgraded to outperform from neutral at Credit Suisse. $41 price target. The company is an attractive takeover target, Credit Suisse said. 

Fair Isaac (FICO) was downgraded to equal-weight from overweight at Barclays. $135 price target. The valuation is less attractive, with the stock up 78% since 2015, Barclays said. 

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

Altria (MO) was initiated with a hold rating at Jefferies. $70 price target. Marlboro will likely face increased market share pressure in the next 18 months, Jefferies said. 

Monsanto (MON) was upgraded to overweight from neutral at JPMorgan. $128 price target. The Risk/reward is attractive, given the Bayer takeover offer, JPMorgan said. 

Children's Place (PLCE) was downgraded to neutral from overweight at Piper Jaffray. $88 price target. The company could see margins compress, Piper said. 

Post (POST) was downgraded to market perform at BMO Capital. $83 price target. The analyst sees lower profit potential for Michael's egg business, BMO said. 

RF Industries (RFIL) was downgraded to sell at TheStreet Ratings. You can view the full analysis from the report here: RFIL.

Sketchers USA (SKX) was downgraded to equal-weight from overweight at Morgan Stanley. $25 price target. Earnings estimates were also cut, as consumer trends are shifting toward pure fashion items, Morgan Stanley said. 

Wells Fargo (WFC) was downgraded to neutral from overweight at JPMorgan. $48 price target. Probes will likely expand and uncertainty is building, JPMorgan said.

This article was written by a staff member of TheStreet.

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