RATINGS CHANGES

Adobe (ADBE) was upgraded to buy at BTIG. $151 price target. The company is positioned well to benefit from the continued digital transformation, BTIG said. 

Arista Networks (ANET) was upgraded to neutral from sell at Goldman Sachs. $125 price target. The company is executing better and is leveraged to the ramp on 100G technology, Goldman said. 

Brookdale (BKD) was upgraded to buy at Jefferies. $16.50 price target. The company is trading below net asset value and is a takeover candidate, Jefferies said. 

Flowserve (FLS) was upgraded to outperform at BMO Capital. $53 price target. The company is seeing higher end-market demand, BMO said.

KB Home (KBH) was downgraded to market perform from outperform at JMP Securities. Earnings estimates were increased, but the company appears fully valued at 1.13x book value, JMP said. 

Allscripts (MDRX) was upgraded to buy at Deutsche Bank. $14 price target. The valuation is more attractive, as the company can deliver consistent growth over the next few years, Deutsche said. 

Micron (MU) was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: MU.

Palo Alto Networks (PANW) was downgraded to sell at TheStreet Ratings. You can view the full analysis from the report here: PANW.

Sanderson Farms (SAFM) was upgraded to overweight from sector weight at Keybanc. $120 price target. The company is better leveraged to play industry cyclicality, Keybanc said. 

Starbucks (SBUX) was initiated with an outperform rating at Telsey Advisory. $66 price target. The company can continue to deliver solid growth and return excess cash to investors, Telsey said.

Snap (SNAP) was initiated with a neutral rating at JPMorgan. $24 price target. The company has to grow into its current valuation, JPMorgan said. 

Snap was also initiated with a buy rating at Deutsche Bank. $30 price target. Engagement and monetization opportunities are under-appreciated, Deutsche said. 

This article was written by a staff member of TheStreet.

More from Stocks

Johnson & Johnson - Round 2 - More Selling Pressure

Johnson & Johnson - Round 2 - More Selling Pressure

Dow Slumps Further as Wall Street Grapples With Growth Concerns

Dow Slumps Further as Wall Street Grapples With Growth Concerns

Sell Apple's Suppliers in Asia as Holidays Fail to Bring Cheer

Sell Apple's Suppliers in Asia as Holidays Fail to Bring Cheer

Johnson & Johnson Extends Slump Following $40 Billion Baby Powder Crisis Wipeout

Johnson & Johnson Extends Slump Following $40 Billion Baby Powder Crisis Wipeout

Goldman Sachs Faces Criminal Charges Linked to Malaysia's '1MDB' Scandal

Goldman Sachs Faces Criminal Charges Linked to Malaysia's '1MDB' Scandal