Illumina (ILMN) (K) (LSTR) (GRPN) (MGI) (IFF) Ratings, Price Targets

Illumina, Inc. (ILMN), Kellogg (K), Landstar System, Inc. (LSTR), Groupon (GRPN), MoneyGram International, Inc. (MGI) and International Flavors & Fragrances Inc. (IFF) ratings and price targets.

Macquarie downgraded Illumina, Inc. (ILMN) from a “Neutral” rating to an “Underperform” rating.

BMO Capital Markets downgraded Kellogg (K) from an “Outperform” rating to a “Market Perform” rating.

SunTrust (NYSE:STI) downgraded Landstar System, Inc. (LSTR) from a “Buy” rating to a “Neutral” rating.

Benchmark Co. initiated coverage on Groupon (GRPN). They placed a “Buy” rating on the company.

Morgan Stanley (NYSE:MS) reiterated its “Overweight” rating on International Flavors & Fragrances Inc. (IFF).

Bank of America (NYSE:BAC) initiated coverage on MoneyGram International, Inc. (MGI). They placed a “Buy” rating on the company.