RATINGS CHANGES

Dillard's  (DDS - Get Report) was upgraded to outperform by Credit Suisse said. $70 price target. The company can continue to reduce debt and repurchase stock, said Credit Suisse.

Alphabet  (GOOGL - Get Report) was downgraded to underperform from neutral by Wedbush. $700 price target. Recent changes to mobile search has seen ad growth decelerate sharply, according to Wedbush.

Huntington Bancshares  (HBAN - Get Report) was upgraded to buy, Deutsche Bank said. This is a valuation call because the stock trades at a 10% discount to its peers, according to Deutsche.

Macy's  (M - Get Report) was cut to neutral, Credit Suisse said. $40 price target. Management needs to prove to investors that it can execute in a challenging retail environment, said Credit Suisse.

Signature Bank  (SBNY - Get Report) was upgraded to overweight, Barclays said. $139 price target. Commercial real estate risk is exaggerated and the company can deliver above-average growth, according to Barclay's.

Select Medical  (SEM - Get Report) was downgraded to underperform from market perform, JMP Securities said. $10 price target. Estimates were cut, too, given lower expected earnings in the long-term care hospital business, according to JMP.

Shopify  (SHOP - Get Report) was downgraded to equal-weight from overweight, Morgan Stanley said. $47 price target. This is a valuation call because the stock is up 70% year to date.

Twitter  (TWTR - Get Report) was downgraded to sell from hold, Loop Capital said. $18 price target. Meaningful upside is not likely, even in a takeover situation, according to Loop.

Workday  (WDAY - Get Report) was upgraded to neutral from underperform, Wedbush said. $82 price target. Investor sentiment is improving and sales should recover in the second half of the year, said Wedbush.

Independence Realty Trust  (IRT - Get Report) was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: IRT.

This article was written by a staff member of TheStreet.