GoPro (GPRO - Get Report) was downgraded to underperform from buy at Bank of America/Merrill Lynch. $10 price target. Earnings estimates were also cut, given the company's new guidance, analysts said.
Impax (IPXL) was downgraded to underperform from neutral at Bank of America/Merrill Lynch. $19 price target. The company may miss 2016 targets, analysts said.
Parker Hannifin (PH - Get Report) was upgraded to overweight at Morgan Stanley. $139 price target. The company is reasonably valued and can delivery above-average earnings growth in the coming quarters, Morgan Stanley said.
Time Warner (TWX) was upgraded to outperform from neutral at Credit Suisse. $107.50 price target. Regulatory pessimism appears overdone, Credit Suisse said.