Achaogen Inc. (NASDAQ: AKAO) was started as Buy with a $17 price target (versus a $13.57 close) at Guggenheim.
Hanesbrands Inc. (NYSE: HBI) was downgraded to Perform and the price target was cut to $26 from $32 at Oppenheimer. Deutsche Bank started it as Buy with a $29 price target.
Illinois Tool Works Inc. (NYSE: ITW) was maintained as Neutral and the price target was cut to $140 from $142 at Credit Suisse. RBC Capital Markets maintained its Sector Perform rating and raised its target to $155 from $143. Argus reiterated its Buy rating but raised its target to $180 from $160. Illinois Tool Works was up 0.3%to $155.51 on Monday, and its shares hit a 52-week high of $157.28.
KBR Inc. (NYSE: KBR) was reiterated as Buy and the price target was raised to $20 from $18 at Deutsche Bank.
NRG Yield Inc. (NYSE: NYLD) was downgraded to Neutral from Buy at Merrill Lynch. Shares closed down 1.6% at $18.65 on Monday, in a 52-week range of $13.98 to $20.00 and with a consensus target price of $19.38.
Party City Holdco Inc. (NYSE: PRTY) was raised to Outperform from Market Perform with a $16 price target (versus an $11.20 close) at BMO Capital Markets. It has a 52-week range of $10.80 to $17.70 and a consensus target price of $17.60.
PQ Group Holdings Inc. (NYSE: PQG) has seen its quiet period end and its shares closed down 1.2% at $16.67 on Monday, in a post-IPO range of $16.45 to $17.65. The stock was started with a Neutral rating and assigned an $18 price target at Goldman Sachs. KeyBanc Capital Markets started it as Overweight with a $21 target, Jefferies started it as Buy with a $23 target, and Citigroup started it as Buy with a $20 target. PQ Group was also started as Equal Weight with a $19 target at Morgan Stanley, and Instinet started it as Buy with a $20 target.
Red Hat Inc. (NYSE: RHT) was downgraded to Underperform from Neutral with a $115 price objective (versus a $122.13 close) at Merrill Lynch.
Thomson Reuters Corp. (NYSE: TRI) was started as Neutral and assigned a $52 price target at Credit Suisse.
TRONOX Ltd. (NYSE: TROX) was started with an Overweight rating and assigned a $30 price target (versus a $26.58 close) at JPMorgan.
Valero Energy Corp. (NYSE: VLO) was downgraded to Neutral from Outperform at Macquarie.
Veeco Instruments Inc. (NASDAQ: VECO) was downgraded to Sector Weight from Overweight at KeyBanc Capital Markets. Its shares were down 4.1% at $20.75 on Monday and were indicated down at $20.55 on Tuesday.
VF Corp. (NYSE: VFC) was reiterated as Buy and the price target was raised to $81 from $75 at Pivotal Research.
Whirlpool Corp. (NYSE: WHR) was maintained as Neutral with a $183 price objective (versus a $182.50 close) at Merrill Lynch.
Monday’s top analyst calls included Biogen, Equifax, Foot Locker, General Electric, NVIDIA, Rio Tinto, Roku and many more.
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