RATINGS CHANGES

Cathay General (CATY - Get Report) was upgraded to overweight from neutral at Piper Jaffray. $43 price target. Earnings visibility is improving, Piper said.

CVS Health (CVS - Get Report) was downgraded to neutral from outperform at Robert Baird. $77 price target. Current fundamentals are not good, Baird said. 

Edwards Lifesciences (EW - Get Report) was downgraded to neutral at BTIG. The company lacks near-term catalysts, BTIG said. 

Edward Lifesciences was downgraded to market perform at Leerink. $105 price target. Sales ramp may be slower than expected, Leerink said. 

Qorvo (QRVO - Get Report) was downgraded to market perform from outperform at BMO Capital. $58 price target. The company has consistently failed to execute, BMO said. 

Tesoro (TSO) was upgraded to overweight from neutral at JPMorgan. $99 price target. Tesoro was also added to the Analyst Focus List. The valuation is more attractive, as the stock has lagged since the election, JPMorgan said. 

United Parcel Service (UPS - Get Report) was downgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: UPS.

This article was written by a staff member of TheStreet.