Comerica (CMA) was upgraded to market perform at BMO Capital. $38 price target. The valuation is more attractive, as capital concerns are overblown, BMO said.
Cirrus Logic (CRUS) was upgraded to outperform from perform at Oppenheimer. The valuation is attractive, based on a $40 price target, Oppenheimer said.
Citrix (CTRX) was upgraded to market perform from underperform at JMP Securities. The company is seeing strong results from its interim CEO, JMP said.
EMC (EMC) was upgraded to buy from hold at Maxim. $28.50 price target. The valuation is attractive, based on a deal-arbitrage perspective, Maxim said.
Hawaiian Airlines (HA) was upgraded to neutral from underperform at Bank of America/Merrill Lynch. $40 price target. Competitive pressures are easing, analysts said.
Hologic (HOLX) was upgraded to buy from hold at Needham. $41 price target. The company boosted guidance and is an attractive defensive play, Needham said.
Kirby (KEX) was downgraded to sector perform from outperform at RBC Capital Markets. $32 price target. The stock will likely lag, until energy prices rebound, RBC said.
Kinder Morgan (KMI) was upgraded to outperform from neutral at Credit Suisse. $20 price target. The company can execute through a volatile environment, Credit Suisse said.
ServiceNow (NOW) was downgraded to neutral at MKM Partners. $60 price target. The valuation is less attractive, given a more difficult macro environment, MKM said.
PayPal (PYPL) was upgraded to outperform from neutral at Wedbush Securities. $40 price target. The company deserves a premium multiple, along with Visa V, Wedbush said.
Textron (TXT) was downgraded to hold from buy at Drexel Hamilton. The company is facing macro growth headwinds, Drexel said.
U.S. Steel (X) was downgraded to hold from buy at Argus. The valuation is less attractive, based on a $7 price target, Argus said.