NEW YORK (TheStreet) -- CHANGE IN RATINGS
Alaska Air was upgraded at Imperial Capital to outperform from in-line. $70 price target. Fears of increased competition have been overblown, Imperial Capital said.
Cliffs Natural was initiated with a market perform rating at Wells Fargo. Average selling prices will likely trend lower over the next several years, Wells Fargo said.
Cisco was downgraded at MKM Partners to neutral from buy. $26 price target. No longer expect product orders to accelerate in the October quarter, MKM Partners said.
FAB Universal was upgraded to hold at TheStreet Ratings.
Juniper was upgraded at MKM Partners to buy from neutral. $26 price target. Service Provider growth can meaningfully accelerate, MKM Partners said.
Kroger was initiated with a market perform rating at BMO Capital. $44 price target. Stock is already pricing in a cyclical rebound, BMO Capital said.
Charles Schwab was upgraded at Compass Point to neutral from sell. $20 price target. Medium-term interest rates appear to be more viable, Compass Point said.
Toronto-Dominion Bank was upgraded to buy at TheStreet Ratings.
Whole Foods was initiated with an outperform rating at BMO Capital. $70 price target. Company offers growth at an attractive price, BMO Capital said.
Stock Comments / EPS Changes
Coca-Cola numbers were reduced at BMO Capital. Shares are now seen reaching $44. Estimates were also cut, given sluggish volumes and currency headwinds, BMO Capital said. Market Perform rating.
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