Acxiom (ACXM) was upgraded to outperform at BMO Capital. $28 price target. Earnings estimates were also increased, given a better growth outlook and higher stock buybacks, BMO said.
Akorn (AKRX) was downgraded to hold from buy at Deutsche Bank. $33 price target. The company is facing increased competition, Deutsche said.
Apache (APA) was downgraded to equal-weight at Barclays. $49 price target. The valuation is less attractive, with shares up 45% from the stock's recent low, Barclays said.
Armstrong World Industries (AWI) was upgraded to overweight by Keybanc. $50 price target. The company is seeing higher demand in North America, Keybanc said.
FireEye (FEYE) was downgraded to neutral from overweight at JPMorgan. $15 price target. The company is facing a challenging outlook in the security business, JPMorgan said.
Huntington Ingalls (HII) was downgraded to market perform at Wells Fargo. The valuation is less attractive, as the company is growing slower than its peers, Wells said.
Houghton Mifflin (HMHC) was downgraded to market perform from outperform at BMO Capital. $17 price target. The company cut guidance and lacks near-term catalysts, BMO said.
Kraft Heinz (KHC) was upgraded to buy from hold at Deutsche Bank. $103 price target. The company is a market leaders and aggressively cutting costs, Deutsche said.
Ligand (LGND) was downgraded to sell from hold at Deutsche Bank. The valuation is less attractive, based on a $110 price target, Deutsche said.