Advanced Micro Devices (AMD - Get Report) was upgraded to outperform from market perform at BMO Capital. $15 price target. Improved products and execution can drive growth in the coming quarters, BMO said.
CR Bard (BCR) was upgraded to outperform at BMO Capital. The valuation is more attractive, based on a $245 price target, BMO said.
Cadence Design (CDNS - Get Report) was downgraded to underweight from neutral at J.P. Morgan. $25 price target. The valuation is less attractive, as the stock is up 25% year-to-date, J.P. Morgan said.
21st Century Fox (FOXA) was downgraded to market perform from outperform at Telsey Advisory. $28 price target. Expect a long regulatory review process for a potential Sky purchase, Telsey said.
HanesBrands (HBI - Get Report) was upgraded to buy from neutral at DA Davidson. $23 price target. The stock is down 21% year-to-date, but the company's long-term earnings potential remains intact, Davidson said.
Tesoro (TSO) was upgraded to outperform from market perform at Wells Fargo. The valuation is more attractive, given improving industry trends, Wells said.