
American States Water Co. (NYSE: AWR) was Raised to Buy from Hold with a $28 price target (versus $25.22 close) at Brean Capital.
Apache Corp. (NYSE: APA) was raised to Outperform from Perform with a $100 price target (versus $87.00 close) at Oppenheimer.
Broadcom Corp. (NASDAQ: BRCM) was raised to Positive from Neutral at Susquehanna.
Delta Air Lines Inc. (NYSE: DAL) and US Airways Group Inc. (NYSE: LCC) were raised to Overweight from Neutral at J.P. Morgan.
Deutsche Bank A.G. (NYSE: DB) was raised to Buy from Neutral at UBS.
Extreme Networks Inc. (NASDAQ: EXTR) was raised to Outperform from Neutral with a price target of $6.00 (versus $4.37 close) by Wedbush.
Fifth Third Bancorp (NASDAQ: FITB) was downgraded to Neutral from Buy at Goldman Sachs.
Intel Corp. (NASDAQ: INTC) was reiterated as Outperform but its price target was raised to $30 from $28 (versus $23.39 close) at Credit Suisse.
Royal Bank of Scotland Group PLC (NYSE: RBS) was downgraded to Neutral from Buy at UBS.
Verizon Communications Inc. (NYSE: VZ) was raised to Outperform from Sector Perform with a $54 price target (versus $48.30 close) at RBC Capital Markets.
Goldman Sachs maintained a Buy rating but removed Extra Space Storage Inc. (NYSE: EXR) from its prized Conviction Buy List. Goldman Sachs reiterated Conviction Buy List ratings for Simon Property Group Inc. (NYSE: SPG) and for Omega Healthcare Investors Inc. (NYSE: OHI).
Credit Suisse initiated coverage on three different 3D printing stocks: 3D Systems Corp. (NYSE: DDD) was started with an Outperform rating and $62.00 price target (versus $50.06 close); Stratasys Ltd. (NASDAQ: SSYS) was started as Neutral with a $103 price target (versus $93.45 close); ExOne Co. (NASDAQ: XONE) was started as Underperform with a $48 target price (versus $50.80 close).
One key research note bodes very positively for the battered high-yield dividend mortgage REIT sector.
Good news for iShares MSCI Turkey Investable Market Index (NYSEMKT: TUR) and for Turkish Investment Fund Inc. (NYSE: TKF): Credit Suisse has raised Turkey back to positive as 10% (Overweight) in emerging market portfolios from 5% (Underweight) as it believes the environment has changed significantly for the better for Turkey.