Comerica (CMA - Get Report) was upgraded to outperform from neutral at Robert Baird. $46 price target. Energy concerns are mostly discounted, with the stock trading near tangible book value, Robert Baird said.
Paychex (PAYX - Get Report) was downgraded to underperform at Bank of America/Merrill Lynch. $50 price target. The stock has been strong, despite structural risks and rising competition, analysts said.