In Friday’s Analysts’ Actions, TheStreet highlights a couple of downgrades on Target (TGT) and FireEye (FEYE) and a positive note on Restoration Hardware (RH). Analysts at BMO Capital lowered its rating on Target to MARKET PERFORM from OUTPERFORM. The firm said the big box retailer’s shift in merchandising and supply chain management may pose near term risk. Analysts at Barclays cut its rating on shares of cybersecurity company FireEye to EQUAL WEIGHT from OVERWEIGHT on a valuation call. The firm downgraded the company after increasing its price target for shares to $56 from $47. And Restoration Hardware received an upbeat note at BB&T Capital. The firm upgraded the luxury home-furnishings retailer to BUY from HOLD with a $120 price target. TheStreet’s Kurumi Fukushima reports in New York.
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