Align Technology Inc. (NASDAQ: ALGN) was reiterated as Outperform and the price target was raised to $110 from $97 at Credit Suisse. The call is after a number of recent positive headlines, a favorable patent ruling, two international distributor acquisitions and better teen offerings. Align Tech has a 52-week range of $66.79 to $104.70.
Charter Communications Inc. (NASDAQ: CHTR) was reiterated as Buy but the price target was raised to $388 from $300 (versus a $323.24 close) at Argus. While the Time Warner Cable and Bright House Networks acquisitions have added significant scale to Charter, Argus feels that management has cautioned that upgrading and integrating the acquired systems will take several years. They also said its shares appear favorably valued on a forward basis relative to peers.
Crown Castle International Corp. (NYSE: CCI) was raised to Outperform from Market Perform at Wells Fargo. It has a 52-week range of $79.38 to $102.82 and a consensus price target of $101.47.
Cytokinetics Inc. (NASDAQ: CYTK) was started as Buy and assigned a $25 target price (versus an $11.50 close) at Rodman & Renshaw. Shares were indicated up 4% at $11.99 on Wednesday.
Evolent Health Inc. (NYSE: EVH) was already rated as Buy at Goldman Sachs, but the firm added it to the prized Conviction Buy list with a $30 price target (versus a $19.05 close, after a 3% drop). Evolent has a 52-week range of $9.51 to $26.84.
Grupo Televisa SAB (NYSE: TV) was downgraded to Neutral from Outperform with a $28 price target (versus a $25.72 close) at Credit Suisse. The 52-week range is $19.69 to $29.34.
Impax Laboratories Inc. (NASDAQ: IPXL) was raised to Buy from Hold and the price target was kept at $11 (versus a $9.10 close) at Deutsche Bank.
Nationstar Mortgage Holdings Inc. (NYSE: NSM) was downgraded to Underweight from Neutral at Piper Jaffray.
Navistar International Corp. (NYSE: NAV) was raised to Hold from Sell with a $24 price target (versus a $24.85 close) at Stifel.
Omnicom Group Inc. (NYSE: OMC) was raised to Outperform from Sector Perform at RBC Capital Markets.
Skyworks Solutions Inc. (NASDAQ: SWKS) was started with an Outperform rating at Wells Fargo, while Deutsche Bank raised its rating to Buy from Hold.
UDR Inc. (NYSE: UDR) was raised to Neutral From Underperform by Bank of America.
Credit Suisse has a note on the interest rate-sensitive mortgage REITs. The firm’s view is that declining volatility is leading to stable first-quarter book values. Two Harbors Investment and PennyMac Mortgage Investment Trust remain its sector top picks.
Tuesday’s top analyst calls included of AbbVie, Frontier Communications, Hyatt Hotels, Weatherford International and many more.