RATINGS CHANGES

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

KB Home (KBH - Get Report) 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 - Get Report) 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 - Get Report) was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: MU.

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

Sanderson Farms (SAFM - Get Report) 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 - Get Report) 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 - Get Report) 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.