Achillion Pharmaceuticals Inc. (NASDAQ: ACHN) was raised to Outperform from Market Perform with a $6 price target (versus a $3.78 close) at Leerink.
Bank of Montreal (NYSE: BMO) was raised to Buy from Neutral at Citigroup.
B&G Foods Inc. (NYSE: BGS) was downgraded to Neutral from Outperform with a $42 price target (versus a $40.45 close) at Credit Suisse.
BioLine Rx Ltd. (NASDAQ: BLRX) was raised to Buy from Hold with a $3 price target (versus a $0.82 close) at Maxim Group. The shares were down 2.3% on Wednesday and indicated up 7% at $0.88 on Thursday’s premarket trading session.
Camden Property Trust (NYSE: CPT) was raised to Outperform from In-Line with a $90 price target (versus an $81.47 close) at Evercore ISI.
CarMax Inc. (NYSE: KMX) was raised to Outperform from Neutral and the price target was raised to $70 from $60 (versus a $60.02 close) at Wedbush. While the auto cycle is waning, Wedbush sees less risk of a credit-driven blowout.
Colfax Corp. (NYSE: CFX) was started with an Outperform rating and assigned a $47 price target at Credit Suisse. The firm called Colfax an underappreciated self-help story with scope for a top-line recovery.
Endologix Inc. (NASDAQ: ELGX) was downgraded to Hold from Buy with a $5.50 price target (versus a $6.73 close) at Stifel.
Pentair PLC (NYSE: PNR) was raised to Overweight from Sector Weight with a $77 price target (versus a $65.22 close) at KeyBanc Capital Markets.
Progressive Corp. (NYSE: PGR) was raised to Hold from Sell with a $40 price target (versus a $41.16 close) at Deutsche Bank.
Sprint Corp. (NYSE: S) was reiterated as Hold at Argus due to its valuation and metrics and based on results remaining inconsistent. That being said, Argus noted that Sprint is showing signs of progress, with stronger revenue and narrower quarterly losses, while it is also rumored to be in merger talks with T-Mobile.
Stratasys Ltd. (NASDAQ: SSYS) was downgraded to Hold from Buy with a $30 target price (versus a $27.80 close) at Jefferies.
Teladoc Inc. (NYSE: TDOC) was started with an Overweight rating and assigned a $37 price target (versus a $27.55 close) at KeyBanc Capital Markets.
Telefonica S.A. (NYSE: TEF) was raised to Buy from Neutral at Goldman Sachs.
Robert W. Baird has five picks for big yields, solid upside and safety.
The New York Federal Reserve Bank has released its household debt study, and we have just hit an all-time high on personal debt at the time that serious delinquency rates are rising in multiple areas.
Wednesday’s top analyst upgrades and downgrades included AMD, ConocoPhillips, Etsy, Marathon Oil, Square, Walt Disney, Windstream and over a dozen more.