
Achillion Pharmaceuticals Inc. (NASDAQ: ACHN) is getting destroyed on poor hep-C test results, and shares are down about 50%. Bank of America Merrill Lynch downgraded it to Underperform from Buy after the news.
AMC Networks Inc. (NASDAQ: AMCX) was listed in Barron’s as having yet another 20% upside this year and as a possible media takeover target.
CIT Group Inc. (NYSE: CIT) was raised to Buy from Neutral and the price target was raised to $58 from $52 (versus a $48.47 close) at Janney Capital.
Colgate-Palmolive Co. (NYSE: CL) was raised to Overweight from Equal Weight and the price target is now $68 (versus a $59.93 close) at Morgan Stanley.
Intel Corp. (NASDAQ: INTC) was maintained as Neutral but the estimates were lowered due to weak back to school and lack of a holiday cheer, according to Sterna Agee. The price target is $20, versus a $22.98 close.
International Paper Company (NYSE: IP) was downgraded to Neutral from Buy at Bank of America Merrill Lynch.
J. C. Penney Co. Inc. (NYSE: JCP) was downgraded to Hold from Buy at Maxim Group.
Marathon Oil Corp. (NYSE: MRO) was raised to Buy from Hold with a $42 price target (versus a $34.90 close) at Argus.
Marketo Inc. (NASDAQ: MKTO) was reinstated as Outperform with a $38 price target (versus a $31.49 close) at Credit Suisse.
Nike Inc. (NYSE: NKE) was started as Neutral at UBS.
RealPage Inc. (NYSE: RP) was downgraded to Underperform from Neutral with a $20 price target (versus a $23.40 close) at Credit Suisse.
Royal Dutch Shell PLC (NYSE: RDS-A) was raised to Buy from Sell with a $71 price target (versus a $65.88 close) at Goldman Sachs.
Shire PLC (NASDAQ: SHPG) was raised to Overweight from Neutral at J.P. Morgan.
Telecom Italia SpA (NYSE: TI) was raised to Neutral from Underperform at J.P. Morgan.
Xilinx Inc. (NASDAQ: XLNX) was raised to Outperform from Sector Perform with a $55 price target (versus $a 46.54 close) at Pacific Crest.
Last week we featureed top stocks to buy trading under $10 as a Wall Street analyst montage. We now have more of those under $10 stock picks.