Exelon (EXC) was upgraded to overweight at Morgan Stanley. $37 price target. The company offers attractive growth at a compelling valuation, Morgan Stanley said.
Hain Celestial (HAIN) was upgraded to neutral from underperform at Bank of America/Merrill Lynch. $41 price target. The company has passed internal investigation, which limits potential downside, analysts said.
National General (NGHC) was downgraded to equal-weight from overweight at Morgan Stanley. $23 price target. The valuation is less attractive, as the stock is up 16% since earnings, Morgan Stanley said.
Prudential (PRU) was upgraded to buy from underperform at Bank of America/Merrill Lynch. $108 price target. The company is leveraged to higher interest rates and the potential for lower regulation, analysts said.
SunTrust Banks (STI) was downgraded to market perform from outperform at Wells Fargo. The valuation is less attractive, as operating leverage is decelerating, Wells said.
United Parcel Service (UPS) was initiated with an outperform rating at $125 price target at BMO Capital. The company is a market leader and is trading at a discount to its average historical valuation, BMO said.
Wells Fargo (WFC) was downgraded to underperform from market perform at BMO Capital. $47 price target. The valuation is less attractive, as the stock is up 15% since the election, BMO said.