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.
Sketchers USA (SKX - Get Report) 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.