Reynolds American (RAI) was downgraded to sector perform at RBC Capital. $60 price target. The valuation is less attractive, as the stock has gained 200% over the last five years, RBC said.
Williams-Sonoma (WSM - Get Report) was downgraded to market perform from outperform at Telsey Advisory. $51 price target. Promotional activity is increasing and it will likely take longer for a turnaround at Pottery Barn, Telsey said.