RATINGS CHANGES

Cypress Semiconductor (CY - Get Report) was downgraded to underweight from equal-weight at Morgan Stanley. $12 price target. The valuation is less attractive, based on recent margin expansion, Morgan Stanley said. 

CyberArk Software  (CYBR - Get Report) was upgraded to buy from neutral at Goldman Sachs. $64 price target. The company offers one of the best secular growth stories in the security business, Goldman said. 

Global Payments (GPN - Get Report) was upgraded to overweight at Barclays. $92 price target. The company can post better organic growth in the second quarter and beyond, Barclays said. 

Goodyear Tire (GT - Get Report) was downgraded to neutral from buy at Goldman Sachs. $33 price target. Th valuation is less attractive, as the company is facing uncertain pricing power. 

WW Grainger (GWW - Get Report) was downgraded to market perform from outperform at BMO Capital. $255 price target. Price reductions appear to be broader than expected, BMO said. 

Lululemon Athletica (LULU - Get Report) was downgraded to neutral from buy at Citigroup. It may take the company longer than expected to recover from a fashion miss in the first quarter, Citi said. 

Wynn Resorts (WYNN - Get Report) was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: WYNN.

This article was written by a staff member of TheStreet.