Bank of America (BAC) - Get Bank of America Corp Report was upgraded to buy at Societe Generale. $31.50 price target. The company should see higher net interest income in the next several quarters, Societe said.
Merck was upgraded to overweight from neutral at Piper Jaffray. $72 price target. Expect conditional approval for Keytruda by May, Piper said.
Morgan Stanley (MS) - Get Morgan Stanley Report was upgraded to buy at Societe Generale. $60 price target. The company should benefit from a steeper yield curve in the next several quarters, Soc Gen said.
Polaris (PII) - Get Polaris Inc. Report was upgraded to outperform from market perform at BMO Capital. $100 price target. The company is seeing several improvements in the off-road vehicle business, BMO said.
Vectren (VVC) was upgraded to overweight at Keybanc. $62 price target. The growth outlook is improving, as well as demand for pipelines, Keybanc said.
U.S. Steel (X) - Get United States Steel Corporation Report was downgraded to market weight from overweight at Credit Suisse. $30 price target. The industry will likely experience rising supply in the coming quarters, Credit Suisse said.
This article was written by a staff member of TheStreet.