Friday, September 25, 2015

Analysts' Actions -- Abbvie, Intel, 3M, Nike and More...

NEW YORK (TheStreet) -- RATINGS CHANGES - STOCK UPGRADES & DOWNGRADES

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Abbvie (ABBV - Get Report) was downgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: ABBV Ratings Report
Autoliv (ALV - Get Report) was upgraded to sector perform at RBC Capital said. This was a valuation call, based on a $105 price target, RBC said.
Bed Bath & Beyond (BBBY - Get Report) was upgraded to market perform from underperform at Telsey Advisory. This was a valuation call, based on a $65 price target, Telsey said.
Box (BOX) was upgraded to buy from hold at Canaccord. This was a valuation call, based on an $18 price target, Cannacord said.
Caterpillar (CAT) was downgraded to market perform at William Blair. $60 price target. The company faces multiple growth headwinds, William Blair said.
Cummins (CMI) was downgraded to market perform from outperform at William Blair. $110 price target. The company is facing multiple growth headwinds, William Blair said.
Intel (INTC - Get Report) was upgraded to market perform from underperform at JMP Securities. The stock has underperformed, but checks suggest a stronger fourth quarter, JMP said.
3M (MMM - Get Report) was upgraded to outperform from neutral at Credit Suisse. $155 price target. Risks are well understood and the company has pulled back to an attractive level, said Credit Suisse.
ArcelorMittal (MT) was downgraded to sell at TheStreet Ratings. You can view the full analysis from the report here: MT Ratings Report
Nike (NKE) was upgraded to buy at Sterne Agee CRT. $150 price target. Estimates were also raised, as the company continues to gain market share, said Sterne Agee.
Paypal (PYPL) was initiated with a buy rating at Canaccord. $43 price target. Secular tailwinds can help deliver steady growth, Cannacord said.
Silicon Labs (SLAB) was downgraded to neutral from buy at MKM Partners. $42 price target. Industry will likely see lower demand from China, said MKM.
United Rentals (URI) was upgraded to neutral at Bank of America/Merrill Lynch. This was a valuation call, based on a $65 price target, BofA/Merrill said.


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