Calpine (CPN) was upgraded to buy from hold at Deutsche Bank. $20 price target. The valuation is more attractive, as the stock has lagged its peers by 20% year-to-date, Deutsche said.
Texas Instruments (TXI) was upgraded to buy from neutral at Bank of America/Merrill Lynch. $80 price target. The company has addressed concerns and can deliver 10% annual earnings growth, analysts said.