Cabot Oil & Gas (COG) was upgraded to overweight from neutral at JPMorgan. $27 price target. Atlantic Sunrise should drive growth, JPMorgan said.
International Paper (IP) was downgraded to underweight from equal-weight at Barclays. $45 price target. The company is highly leveraged and consensus expectations appear too high, Barclays said.
PRA Health (PRAH) was upgraded to outperform from neutral at Credit Suisse. $67 price target. Earnings estimates were also upped, given the recent Takeda partnership, Credit Suisse said.
Parexel (PRXL) was downgraded to neutral from outperform at Credit Suisse. $65 price target. The company lacks near-term visibility, Credit Suisse said.
Range Resources (RRC) was upgraded to buy from neutral at Nomura. $45 price target. The stock has lagged, but the company's fundamentals are improving, Nomura said.
Validus (VR) was downgraded to hold at Deutsche Bank. $56 price target. The valuation is less attractive as the stock is up 20% over the past six months.
Vista Outdoor (VSTO) was downgraded to neutral from buy at DA Davidson. $28 price target. Growth headwinds are increasing, Davidson said.