RATINGS CHANGES

American Axle (AXL - Get Report) was upgraded to outperform from sector perform at RBC Capital. $23 price target. The company should see higher auto and infrastructure demand, RBC said. 

Bed Bath & Beyond (BBBY - Get Report) was initiated with a sell rating and $35 price target at Loop Capital. The company trades at a premium to its peers, but the fundamentals are deteriorating, Loop said. 

CBOE (CBOE - Get Report) was downgraded to sell from hold at Deutsche Bank. The valuation is less attractive based on a $68 price target. 

Ciena (CIEN - Get Report) was initiated with an overweight rating at Piper Jaffray. $30 price target. Then company is leveraged to Metro and data center upgrade cycles, Piper said. 

Salesforce (CRM - Get Report) was initiated with a buy rating at Drexel Hamilton. $100 price target. The company is leveraged to continued migration forward cloud computing, Hamilton said. 

Control4 (CTRL) was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: CTRL.

Huntington Bank (HBAN - Get Report) was upgraded to outperform from market perform at BMO Capital. $16 price target. Expect higher synergies from the FMER acquisition, BMO said. 

McDermott (MDR - Get Report) was upgraded to overweight at Keybanc. $10 price target. The company can see multiple expansion, given exposure to continued oil up-cycle, Keybanc said. 

Opko Health (OPK - Get Report) was upgraded to hold at TheStreet ratings. You can view the full analysis from the report here: OPK.

Square (SQ - Get Report) was initiated with a buy rating and $18 price target at Nomura. The company can gain market share and double its gross payment volume by 2020, Nomura said. 

Western Digital (WDC - Get Report) was upgraded to neutral from sell at Goldman Sachs. $68 price target. The company is leveraged to a stronger NAND market and has currency tailwinds, Goldman said. 

This article was written by a staff member of TheStreet.