In Wednesday’s Analysts’ Actions, TheStreet highlights upgrades for Colgate-Palmolive Co (CL) and NetApp Inc (NTAP), while NVIDIA Corp (NVDA) receives a lower rating. Both Colgate-Palmolive and NetApp had their ratings raised. Analysts at Societe Generale upgraded the consumer products company to HOLD from SELL with a $68 price target. Analysts noted that they see early signs of improvement, but the Brazilian market is still a concern. Analysts at RBC Capital upgraded shares of NetApp to OUTPERFORM from SECTOR PERFORM. The firm also raised its price target to $38, saying the data management company’s CEO change could unlock shareholder value. NVIDIA was downgraded by analysts at Nomura Securities to NEUTRAL from BUY with a price target of $18. The firm lowered its rating on the chip maker citing some expected weakness in demand for its video graphics cards in the second half of the year. TheStreet’s Kurumi Fukushima reports in New York.
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