Alcatel-Lucent S.A. (NYSE: ALU) was raised to Outperform from Neutral at BNP Paribas.
Caterpillar Inc. (NYSE: CAT) was raised to Outperform from Neutral at R.W. Baird.
Dyax Corp. (NASDAQ: DYAX) was downgraded to Perform from Outperform at Oppenheimer.
Egalet Corp. (NASDAQ: EGLT) was started as Buy with a $24 price target (versus $9.10 close) at Guggenheim.
Emerson Electric Co. (NYSE: EMR) was reiterated as Buy with a $70 price target at Argus, with the firm saying the recent weakness has offered a solid valuation discount.
Hecla Mining Co. (NYSE: HL) was raised to Buy from Neutral at Roth Capital.
Hi-Crush Partners L.P. (NYSE: HCLP) was downgraded to Neutral from Outperform at Credit Suisse, but the real cut is in the price target, to $35 from $60, versus a $31.37 close.
JD.Com Inc (NASDAQ: JD) was reiterated as Buy and the price target was raised to $37 from $35 at Brean.
Joy Global Inc. (NYSE: JOY) was raised to Outperform from Neutral at R.W. Baird.
Monster Beverage Corp. (NASDAQ: MNST) was raised to Buy from Neutral at Citigroup.
National-Oilwell Varco Inc. (NYSE: NOV) was downgraded to Sell from Neutral at Citigroup.
NetApp Inc. (NASDAQ: NTAP) was downgraded to Underperform from Neutral at Pacific Crest.
Nokia Corp. (NYSE: NOK) was raised to Outperform from Neutral at BNP Paribas.
Patterson-UTI Energy Inc. (NASDAQ: PTEN) was downgraded to Neutral from Buy at Citigroup.
Royal Caribbean Cruises Ltd. (NYSE: RCL) was raised to Outperform from Neutral at Wedbush Securities.
Sally Beauty Holdings Inc. (NYSE: SBH) was raised to Outperform from Market Perform at Raymond James.
Spirit AeroSystems Holdings Inc. (NYSE: SPR) was downgraded to Sector Perform from Outperform at RBC Capital Markets.
Web.com Group Inc. (NASDAQ: WWWW) was raised to Buy at Deutsche Bank.
Wix.com Ltd. (NASDAQ: WIX) was started as Hold and with a $25 price target (versus a $23.75 close) at Deutsche Bank.
In case you missed Friday’s top analyst upgrades and downgrades, they included Alcatel-Lucent, Choice Hotels, CyberArk, Yelp, Rocket Fuel and about 20 more companies.