American Water (AWK) was upgraded to buy from neutral at Bank of America/Merrill Lynch. $84 price target. The company is leveraged to benefit from increased infrastructure spending and privatization, analysts said.
Commercial Metals (CMC) was upgraded to buy at Jefferies. $20 price target. The company is leveraged to increased infrastructure spending, Jefferies said.
F5 Networks (FFIV) was upgraded to neutral from reduce at Nomura. $130 price target. Product refresh is progressing better than expected, Nomura said.
Globus (GMED) was downgraded to market perform from outperform at JMP Securities. Sales force challenges will likely remain for another two quarters, JMP said.
Globus was downgraded to perform at Oppenheimer. $23 price target. Sales force issues will continue to linger, Oppenheimer said.
Globus was downgraded to market perform at William Blair. The company cut guidance, given lower organic growth, Blair said.
GoPro (GPRO) was downgraded to neutral from outperform at Wedbush. $9 price target. The company's latest misstep is a recall of the Karma product, Wedbush said.
Kansas City Southern (KSU) was downgraded to neutral from buy at Bank of America/Merrill Lynch. $94 price target. Trump victory places Mexico growth strategy at risk, analysts said.