RATINGS CHANGES

Boyd Gaming (BYD - Get Report) was upgraded to buy from neutral at Nomura. $25 price target. Expect management to return excess cash flow to investors, Nomura said. 

CNH Industrial (CNHI - Get Report) was upgraded to hold at Deutsche Bank. $10.01 price target. The valuation is more attractive, as the negative thesis has played out, Deutsche said. 

Crane (CR - Get Report) was upgraded to outperform at Oppenheimer. $82 price target. The valuation is more attractive, following the recent pullback, Oppenheimer said. 

Danaher (DHR - Get Report) was upgraded to outperform from neutral at Credit Suisse. $93 price target. The new analyst sees higher customer demand and margin improvement, Credit Suisse said. 

Carmax (KMX - Get Report) was downgraded to underweight from equal-weight at Morgan Stanley. $48 price target. Used car prices are deteriorating across the market, Morgan said. 

NRG Energy (NRG - Get Report) was upgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: NRG.

Packaging Corp. (PKG - Get Report) was downgraded to neutral from buy at DA Davidson. The valuation is less attractive, based on a $96 price target. 

Regal Entertainment (RGC) was downgraded to underperform from neutral at Credit Suisse. $20 price target. Ticket price and concessions revenue are likely to trend lower across the country, Credit Suisse said. 

Twilio (TWLO - Get Report) was upgraded to outperform from market perform at JMP Securities. $35 price target. Checks suggest solid business momentum, JMP said. 

Under Armour (UAA - Get Report) (UA - Get Report) was downgraded to market perform from outperform at FBR Capital Markets. $20 price target. The company posted significantly lower earnings results, FBR said. 

United Parcel (UPS - Get Report) was downgraded to market perform at BMO Capital. The company lacks near-term catalysts, BMO said. 

Valero Energy Partners (VLP) was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: VLP.

This article was written by a staff member of TheStreet.