Achaogen Inc. (NASDAQ: AKAO) was raised to Outperform from Neutral and the price target was raised to $10 from $7 (versus a $3.79 close) at Wedbush Securities.
CareDx Inc. (NASDAQ: CDNA) was reiterated as Buy with a fair value estimate of $11 (versus a $4.70 close) at Janney. The firm sees positive kidney transplant clinical results potentially increasing its available market tenfold.
Charter Communications Inc. (NASDAQ: CHTR) was started as Overweight with a $265 price target (versus a $223.28 close) at Morgan Stanley.
Cognex Corp. (NASDAQ: CGNX) was downgraded to Hold from Buy with a $45 price target (versus a $43.54 close) at Canaccord Genuity.
Entellus Medical Inc. (NASDAQ: ENTL) was started with a Buy rating and was given a $22 price target (prior close at $18.58) at BTIG.
GigPeak Inc. (NYSEMKT: GIG) was started with a Buy rating and was given a $3.50 price target (versus a $2.11 close) at Needham. Investors might want to keep in mind that this is the week after GigPeak sold 11.3 shares for $2 apiece and Needham was in the syndicate.
Marinus Pharmaceuticals Inc. (NASDAQ: MRNS) was downgraded to Perform from Outperform at Oppenheimer. It was downgraded to Hold from Buy at Stifel. Shares fell almost 70% to $1.62 after its trial for a treatment of drug-resistant epilepsy failed to meet its goals.
Mesoblast Ltd. (NASDAQ: MESO) was indicated down 36% at $4.50 after the company provided an update on the global heart failure program and on news is that it had regained full rights to the stem cell heart failure treatment. The stock was downgraded to Neutral from Outperform and the price target was cut in half to $5 (versus a $7.07 close) at Credit Suisse.
South Jersey Industries Inc. (NYSE: SJI) was started with a Neutral rating and $31 target price at JPMorgan.
Tractor Supply Co. (NASDAQ: TSCO) was started with a Buy rating and was assigned a $110 price target (versus a close of $91.27) at Guggenheim.
Monday’s top analyst calls included Advanced Micro Devices, Agios Pharmaceuticals, Baidu, Diamond Offshore Drilling, LyondellBasell, Occidental Petroleum and over a dozen more stocks.