American Eagle (AEO) - Get American Eagle Outfitters, Inc. Report was upgraded to outperform at BMO Capital. $21 price target. The stock has pulled back, but the company has a solid outlook for the next couple of quarters, BMO said.
Fifth Third (FITB) - Get Fifth Third Bancorp Report was downgraded to reduce from neutral at Nomura Securities. Disappointing loan growth and reinvestment risk could drive lower earnings, Nomura said.
Mentor Graphics (MENT) was upgraded to buy at DA Davidson. $32 price target. Industry fundamentals are solid and an activist investor can unlock value, Davidson said.
PNC Financial (PNC) - Get PNC Financial Services Group, Inc. Report was downgraded to neutral from buy at Nomura. The valuation is less attractive, as the stock has outperform relative to M&T Bank in the past few months, Nomura said.
Tesaro (TSRO) - Get TESARO, Inc. Report was upgraded to buy from neutral at Bank of America/Merrill Lynch. $123 price target. See higher chance of approval and penetration for niraparib, analysts said.
Zions (ZION) - Get Zions Bancorporation (ZION) Report was downgraded to neutral from overweight at Piper Jaffray. $32 price target. The valuation is less attractive, as the stock trade at a 10% premium to its peers, Piper said.
This article was written by a staff member of TheStreet.