There is more happening on Wall Street than Comey's testimony in D.C.

Here several things catching TheStreet's attention. 

What's Hot

Alibaba (BABA) shares are going bonkers following up an upbeat investor day.

Tesla's (TSLA) shares continue to be unstoppable. They are hovering near a record high of $359.65. But, the company was dealt a rare blow in terms of board composition

FANG stocks -- an acronym for Facebook (FB) , Amazon (AMZN) , Netflix (NFLX) and Google (Alphabet) (GOOGL) also continue to be red-hot. But chip-maker AMD (AMD) also continues to notch big gains amid the rush to bitcoin. Meanwhile, rival NVIDIA (NVDA) caught a massive upgrade by Citigroup.

Some Noteworthy Ratings Changes

Brown-Forman (BF.B)  was downgraded to neutral at Credit Suisse. Brown-Forman was also downgraded at Societe Generale, this time to a sell rating to go along with a $46 price target.

Decker's Outdoor (DECK) was downgraded to neutral at Buckingham.

Hormel (HRL) was downgraded to neutral at Mizuho and assigned a $35 price target.

Lear (LEA) was downgraded to underweight and assigned a $134 price target at Morgan Stanley.

Sprint (S) was initiated with a hold rating at Drexel Hamilton.

Sanderson Farms  (SAFM)  was initiated with a buy rating and $142 price target at Mizuho.

T-Mobile U.S. (TMUS) was initiated with a buy rating and $80 price target at Drexel Hamilton.

Tyson (TSN) was initiated with a buy rating and $71 price target at Mizuho.

Apple, Facebook and Alphabet are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells AAPL, FB and GOOGL? Learn more now.

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