Celanese (CE) was upgraded to buy from neutral at Goldman Sachs. $92 price target. The company can generate strong free-cash flow growth, Goldman said.
HB Fuller (FUL) was downgraded to neutral from overweight at JPMorgan. $49 price target. The valuation is less attractive, as the stock is up 16% this month, JPMorgan said.
WR Grace (GRA) was downgraded to hold at Jefferies. $70 price target. The company is facing demand risks and lower free-cash flow conversion, Jefferies said.
Goldman Sachs (GS) was upgraded to buy from hold at Deutsche Bank. $225 price target. The valuation is more attractive, as the company trades at 10% discount to its peers, Deutsche said.
SBA Communications (SBAC) was upgraded to outperform from neutral at JPMorgan. The valuation is more attractive, based on a $130 price target, JPMorgan said.
Super Micro Computer (SMCI) was upgraded to buy from neutral at DA Davidson. $32 price target. The company is seeing higher storage demand and expanding margins, Davidson said.
Texas Capital (TCBI) was downgraded to neutral at DA Davidson. $78 price target. The stock is up 21% since the election, but earnings estimates are being cut to reflect the recent equity offering, Davidson said.