TD Ameritrade (AMTD) was upgraded to outperform from neutral at Credit Suisse. $48 price target. Pricing cuts appear manageable, Credit Suisse said.
Array Bio (ARRY) was downgraded to neutral from overweight at JPMorgan. The valuation is less attractive, based on a $10 price target.
Eaton (ETN) was downgraded to neutral from overweight at JPMorgan. $70 price target. There appears to be limited upside to the 2017 guidance, JPMorgan said.
Ford (F) was upgraded to outperform at Barclays. $15 price target. The company has relative advantages to its peers and can exceed 2017 guidance, Barclays said.
FireEye (FEYE) was downgraded to neutral from overweight at Piper Jaffray. $12 price target. Product transition is taking longer than expected, Piper said.
Fortinet (FTNT) was upgraded to overweight from neutral at Piper Jaffray. $43 price target. The company has renewed effort on operating leverage, Piper said.
International Paper (IP) was downgraded to neutral at DA Davidson. $59 price target. Earnings estimates were also cut, given the company's new guidance, Davidson said.
Kirby (KEX) was upgraded to market perform from underperform at Wells Fargo. The valuation is more attractive, given a shift in the risk/reward potential, Wells said.
Kennametal (KMT) was upgraded to neutral from underweight at JPMorgan. $36 price target. Sales appear to have inflected, JPMorgan said.
Altria (MO) was downgraded to hold at Berenberg. The valuation is less attractive, based on $76 price target.
Parexel (PRXL) was downgraded to sell from hold at Deutsche Bank. $53 price target. The company can't cut costs fast enough to offset lower sales, Deutsche said.
Quintiles (Q) was downgraded to hold from buy at Deutsche Bank. $80 price target. The valuation is less attractive, given concern around sales growth from the merger, Deutsche said.
Ralph Lauren (RL) was downgraded to underweight from neutral at Piper Jaffray. $70 price target. CEO departure will delay the potential business turnaround, Piper said.