Abercrombie & Fitch (ANF - Get Report) was downgraded to underperform from sector perform at RBC Capital. $12 price target. The company is seeing lower sales and facing higher international costs, RBC said.
Greif was downgraded to underperform from neutral at DA Davidson. The valuation is less attractive, based on a $47 price target, Davidson said.
Illinois Tool Works (ITW - Get Report) was downgraded to neutral at Goldman Sachs. $125 price target. The valuation is less attractive, with the stock trading at 20x expected 2017 earnings, Goldman said.
Leidos (LDOS - Get Report) was upgraded to outperform from neutral at Credit Suisse. $57 price target. Earnings estimates were also increased, as the IS&GS acquisition should carry significant synergies, Credit Suisse said.