Anchillion (ACHN) was upgraded to outperform from market perform at JMP Securities. $13 price target. Factor D program could drive significant upside, JMP said.
Endologix (ELGX) was upgraded to outperform from market perform at BMO Capital. $16 price target. TRIV integration is progressing well, BMO said.
First Solar (FSLR) was downgraded to hold from buy at Deutsche Bank. $44 price target. Earnings estimates were also cut, given a slower bookings ramp, Deutsche said.
Knight Transportation (KNX) was downgraded to neutral from outperform at Credit Suisse. $26 price target. Supply is high and there is increased uncertainty around consumer demand, Credit Suisse said.
Red Hat (RHT) was downgraded to equal-weight from overweight at Morgan Stanley. The valuation is less attractive, based on an $80 price target, Morgan Stanley said.
Zions (ZION) was upgraded to overweight from neutral at Piper Jaffray. $29 price target. The valuation is more attractive, as the company is trading at just 85% of its tangible book value, Piper said.