Notable Analyst Rating Changes 10/25: (MKC) (FE) (CHK) Upgraded; (VFC) (ARIA) (OCN) Downgraded

October 25, 2016 10:10 AM EDT

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UPGRADES
Credit Suisse upgrades McCormick & Company (NYSE: MKC) from Neutral to Outperform with a price target of $110. Click Here for more color.

Deutsche Bank lifts FirstEnergy Corp. (NYSE: FE) from Hold to Buy with a price target of $37. Click Here for more color.

RBC Capital raises Chesapeake Energy (NYSE: CHK) from Underperform to Sector Perform and moves its price target from $7 to $8.

Raymond James moves First Majestic Silver (NYSE: AG) from Underperform to Market Perform.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
Deutsche Bank downgrades VF Corp. (NYSE: VFC) from Buy to Hold and moves its price target from $63 to $57. Click Here for more color.

JMP Securities drops ARIAD Pharmaceuticals (Nasdaq: ARIA) from Market Outperform to Market Perform.

Piper Jaffray lowers Ocwen Financial Corp (NYSE: OCN) from Neutral to Underweight and maintained a price target of $2. Click Here for more color.

Argus cuts Tidewater Inc (NYSE: TDW) from Hold to Sell. Click Here for more color.

For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Oppenheimer initiates coverage on Nike (NYSE: NKE) with a Perform rating.

Chardan Capital Markets assumes coverage on Clovis Oncology (Nasdaq: CLVS) with a Sell rating and a price target of $15. Click Here for more color.

Susquehanna starts Blue Buffalo (Nasdaq: BUFF) with a Positive rating and a price target of $30.

Gabelli begins AAR Corporation (NYSE: AIR) with a Buy rating.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage

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Credit Suisse, Piper Jaffray, Deutsche Bank, Raymond James, RBC Capital, JMP Securities, Argus, Susquehanna International Group of Companies, Notable Analyst Rating Changes, Chardan Capital Markets

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