American International Group (AIG) - Get American International Group, Inc. Report was upgraded to outperform from market perform at BMO Capital. $75 price target. The company can continue to boost its return on equity, BMO said.
Advanced Micro Devices (AMD) - Get Advanced Micro Devices, Inc. Report was upgraded to outperform from market perform at BMO Capital. $15 price target. Improved products and execution can drive growth in the coming quarters, BMO said.
CR Bard undefined was upgraded to outperform at BMO Capital. The valuation is more attractive, based on a $245 price target, BMO said.
Cadence Design (CDNS) - Get Cadence Design Systems, Inc. Report was downgraded to underweight from neutral at J.P. Morgan. $25 price target. The valuation is less attractive, as the stock is up 25% year-to-date, J.P. Morgan said.
Commercial Metals (CMC) - Get Commercial Metals Company Report was downgraded to hold from buy at Jefferies. $24 price target. The valuation is less attractive, as margins may lag, Jefferies explained.
Quest Diagnostics (DGX) - Get Quest Diagnostics Incorporated Report was upgraded to buy at Goldman Sachs. $102 price target. The company can gain market share and realize operating leverage, Goldman said.
21st Century Fox (FOXA) - Get Fox Corporation Class A Report was downgraded to market perform from outperform at Telsey Advisory. $28 price target. Expect a long regulatory review process for a potential Sky purchase, Telsey said.
HanesBrands (HBI) - Get Hanesbrands Inc. (HBI) Report was upgraded to buy from neutral at DA Davidson. $23 price target. The stock is down 21% year-to-date, but the company's long-term earnings potential remains intact, Davidson said.
Lululemon Athletica (LULU) - Get Lululemon Athletica Inc (LULU) Report was upgraded to market perform from underperform at Robert Baird. $67 price target. The company is realizing higher sales and margins, Baird said.
U.S. Silica (SLCA) - Get U.S. Silica Holdings, Inc. Report was downgraded to underperform at DA Davidson. $42 price target. The valuation is less attractive, as the stock is up nearly 200% year-to-date, Davidson said.
AT&T (T) - Get AT&T Inc. Report was upgraded to outperform from neutral at Robert Baird. $44 price target. With the addition of media assets, the telecom industry could see fewer regulations, Baird said.
Tesoro (TSO) was upgraded to outperform from market perform at Wells Fargo. The valuation is more attractive, given improving industry trends, Wells said.
This article was written by a staff member of TheStreet.