NEW YORK ( TheStreet) -- CHANGE IN RATINGSAgco ( AG) was upgraded at Piper Jaffray to overweight from neutral. $61 price target. Company has exposure to South America and should benefit from higher demand for grain storage, Piper Jaffray said. Axcelis Technologies ( ACLS) was upgraded to hold at TheStreet Ratings. Bemis ( BMS) was downgraded at Keybanc to hold from buy. Company has limited earnings upside potential, Keybanc said. Boston Scientific ( BSX) was downgraded at Citigroup to neutral from buy and given a $9.30 price target. The value of the pipeline is priced in while fundamentals remain sluggish, Citigroup said.
Colfax ( CFX) was downgraded at Deutsche Bank to hold from buy. Valuation call, based on a $54 price target, Deutsche Bank said. Cytec ( CYT) was upgraded at Goldman Sachs to buy from sell. $93 price target. Multiple expansion is likely not yet complete, Goldman said. Dana ( DAN) was downgraded at Deutsche Bank to hold from buy. Valuation call, based on a $22 price target, Deutsche Bank said. Deere ( DE) was downgraded at Piper Jaffray to neutral from overweight. $89 price target. Estimates also cut, because of higher used inventory and lower grain prices, Piper Jaffray said.
FMC ( FMC) was downgraded at Goldman Sachs to sell from neutral. $58 price target. High soda ash inventory could weigh on prices, Goldman said. 21st Century Fox ( FOXA) was initiated with a buy rating at Sterne Agee. $36 price target. Earnings growth should re-accelerate in fiscal 2015, Sterne Agee said. GAIN Capital ( GCAP) was upgraded to buy at TheStreet Ratings. Mednax ( MD) was initiated with a market perform rating at Wells Fargo. Valuation call, Wells Fargo said. Phillips 66 ( PSX) was upgraded at Wells Fargo to outperform from market perform. Coastal refiners should perform better, Wells Fargo said. Qualcomm ( QCOM) was removed from the Top Pick List at Citigroup. Lackluster high-end smartphone sales, said Citigroup. Webster Financial ( WBS) was downgraded at Sterne Agee to neutral from buy. Stock is up more than 30% year to date and exceeded the previous $25 price target, Sterne Agee said.