Pacific Crest lowers its rating on Amazon to sector weight, citing increasing competition and "moderating" growth trends.
Raymond James lowers its rating on Amazon to market perform, citing the need for better profitability to justify further stock gains.
Macquarie upgrades steel stocks on better pricing and President Trump's potential protectionist agenda.
BMO Capital Markets initiates coverage on McDonald's with an outperform rating.
Barclays upgrades its rating on Costco to overweight from equal weight after a survey revealed the retailer's food category strength.
Cowen believes rising cannabis use will hurt beer sales in the coming years.
Citi Research believes Goldman's weak trading results were an anomaly.
Credit Suisse is bullish on Coca-Cola's new business model of divesting bottlers and focusing on new drink brands.
Bernstein raises its rating on McDonald's to outperform from market perform.
Goldman Sachs added Constellation Brands to its Americas conviction list and reiterated its buy rating on the firm.