Autoliv (ALV) was upgraded to overweight at Keybanc. $120 price target. Sales growth is accelerating and the company can gain market share, Keybanc said.
Cree (CREE) was downgraded to market perform from outperform at JMP Securities. Denial of the Wolfspeed sale is a setback, JMP said.
Dynegy (DYN) was downgraded to sell from hold at Deutsche Bank. $6 price target. The company has high leverage and is facing continued margin pressure, Deutsche said.
Rambus (RMBS) was upgraded to overweight from neutral at JPMorgan. $14.50 price target. The stock has pulled back 10%, but the company has good near-term visibility, JPMorgan said.
Southern Copper (SCCO) was downgraded to underweight at Barclays. $33 price target. The company is richly valued and ramping up costs, Barclays said.
Synchronoss (SNCR) was downgraded to hold at Deutsche Bank. $35 price target. The company lacks near-term catalysts, Deutsche said.
Time Warner (TWX) was downgraded to hold at Drexel Hamilton. The valuation is less attractive, as the company has limited upside potential.