Compugen Ltd. (NASDAQ: CGEN) was started as Buy with a $17 price target (versus a $11.45 close) at Jefferies. What is interesting about this call is that Jefferies was also the sole book-runner for Compugen’s 6.9 million share secondary offering conducted at a deep discount almost one month ago.
Enterprise Products Partners L.P. (NYSE: EPD) was raised to Outperform from Neutral and given a $78 price target (versus a $68.80 close) at Credit Suisse. The firm believes that Enterprise will be able to grow its distribution rate faster than most master limited partnership (MLP) peers.
Juniper Networks Inc. (NYSE: JNPR) was raised to Outperform from Market Perform and the price range target was raised to $30 to $32 from a prior $28 to $30 at Wells Fargo Securities.
Suncor Energy Inc. (NYSE: SU) was started as Equal Weight at Morgan Stanley and started as Outperform at CIBC World Markets.
Yingli Green Energy Holding Co. (NYSE: YGE) was downgraded to Neutral from Buy at Bank of America Merrill Lynch. Credit Suisse maintained an Underperform rating.
Other Key Analyst Calls
AT&T Inc. (NYSE: T) was reiterated as Outperform and with a $37 price target (versus a $32.98 close) at Credit Suisse after meeting with the telecom giant’s CFO.
Gannett Co. (NYSE: GCI) was raised to Equal Weight from Underweight at Barclays.
HSBC Holdings PLC (NYSE: HSBC) was downgraded to Underperform from Outperform at Credit Suisse.
ITT Corp. (NYSE: ITT) was started as Buy at SunTrust Robinson Humphreys.
Oracle Corp. (NYSE: ORCL) traded down about 3% after earnings. Canaccord Genuity called it a respectable but unexceptional quarter against what should have been fair comparisons. Credit Suisse maintained its Outperform rating and $40 target, while lowering earnings estimates.
Orbitz Worldwide Inc. (NYSE: OWW) was downgraded to Sell from Neutral at Goldman Sachs.
Priceline.com Inc. (NASDAQ: PCLN) was reiterated as Buy and was kept on the Conviction Buy List at Goldman Sachs. That high $1,500 price target was maintained as well.
Talisman Energy Inc. (NYSE: TLM) was started as Underperform at CIBC World Markets.
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) was raised to Neutral from Sell at Goldman Sachs.
Transocean Ltd. (NYSE: RIG) was raised to Neutral from Sell at Citigroup.
WisdomTree Investments Inc. (NASDAQ: WETF) was downgraded to Sell from Neutral at Citigroup.
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