NEW YORK ( TheStreet -- CHANGE IN RATINGS
Devon Energy (DVN) was downgraded at Credit Suisse to neutral from outperform. $74 price target. Company will likely see lower oil growth in the coming quarters, Credit Suisse said.
Dun & Bradstreet (DNB) was upgraded to buy at TheStreet Ratings.Flagstar (FBC) was upgraded at Compass Point to buy from neutral. $20 price target. Company will resolve all issues with Fannie Mae, Compass Point said. (GRMN) was downgraded at BofA/Merrill to neutral from buy. Valuation call, based on a $51 price target, BofA/Merrill said. Mondelez (MDLZ) was downgraded at Stifel Nicolaus to hold from buy. Stock trades at a premium valuation but will likely post softer growth, Stifel Nicolaus said. Ritchie Bros. (RBA) was downgraded at Credit Suisse to underperform from neutral. $17 price target. Company is leveraged to secular growth headwinds. Parker Hannifin (PH) was upgraded at Jefferies to buy from hold. Valuation call with prospect of earnings/revenue growth, Jefferies said. $135 price target and buy rating. (SLH) was upgraded at Piper Jaffray to overweight. $70 price target. Organic revenue growth trends are improving, Piper Jaffray said. TECO Energy (TE) was upgraded to buy at TheStreet Ratings. TripAdvisor (TRIP - Get Report) was initiated with a hold rating at Cantor Fitzgerald. Valuation call, based on a $88 price target, Cantor Fitzgerald said.