The analyst community are very busy this morning, shuffling the chairs on the deck of the Titanic. Here is the quick rundown.
DR Horton, PHM, KBH were initiated with Neutral ratings last night at Mizuho
AmerisourceBergen initiated with a Hold at Jefferies; tgt $95
Dick’s Sporting Goods target lowered to $52 at Telsey Advisory Group
Marathon Oil downgraded to Hold from Buy at Jefferies
McKesson resumed with a Hold at Jefferies; tgt $153
ConocoPhillips upgraded to Buy from Hold at Jefferies
Wolverine upgraded to Outperform at Robert W. Baird; tgt raised to $30 — Improving fundamentals, with room for upside
Whitestone REIT downgraded to Underperform at Robert W. Baird; tgt lowered to $10
Triangle Capital initiated with a Buy at Wunderlich; tgt $23
Pandora Media removed from Conviction Buy List at Goldman
Fox Factory Holding downgraded to Neutral from Buy at DA Davidson
Rio Tinto upgraded to Top Pick at RBC Capital Mkts
AvalonBay downgraded to Hold from Buy at Deutsche Bank
Stratasys target raised to $33 at FBR & Co
Home Depot target raised to $175 at Telsey Advisory Group
Red Robin Gourmet upgraded to Buy from Neutral at BofA/Merrill
Digital Realty Trust downgraded to Market Perform from Outperform at Wells Fargo
CoreSite Realty initiated with a Market Perform at Wells Fargo
Walt Disney downgraded to Neutral from Outperform at Macquarie
Clovis Oncology upgraded to Overweight from Neutral at JP Morgan
TJX upgraded to Overweight from Equal-Weight at Morgan Stanley
Windstream upgraded to Outperform from Underperform at Raymond James
Square downgraded to Neutral from Buy at BTIG Research
Dick’s Sporting Goods falls to ten month low after missing comp guidance and lowering guidance: RBC, TAG, Stifel defend the stock this morning
Cardinal Health initiated with a Hold at Jefferies; tgt $77
Autodesk target raised to $95 at RBC Capital Mkts
Ralph Lauren: Q4 Preview — continuing on the road to recovery with an ongoing CEO search – TAG
Stratasys downgraded to Hold at Needham as recovery likely to be more gradual
Concho Resources resumed with a Overweight at Piper Jaffray
Square target raised to $23 at Stifel
Sunshine Bancorp target raised to $26 from $24 at Hovde Group; maintain Outperform, removing from Top Ideas List
Magic Software target raised to $10 from $9 at Rodman & Renshaw following earnings
Advanced Micro downgraded to Hold from Buy at Loop Capital
Transocean initiated with a Sell at Odeon Capital; $8 tgt
Etsy downgraded to Hold from Buy at Loop Capital
Plug Power downgraded to Sell at ROTH Capital
Red Robin Gourmet target raised to $80 at Maxim Group; Triple-beat quarter, with increased guidance on the side
Genius Brands target lowered to $8 from $10.50 at Chardan Capital Markets following Q1 earnings
Etsy target raised to $17 at Maxim Group; Could fetch at least $16 in sale
Nordstrom target lowered to $45 at RBC Capital Mkts; Best house in the neighborhood but not immune to retail headwinds
Urban Outfitters: Color on the quarter
CorEnergy Infrastructure Trust target raised to $37 at RBC Capital Mkts
