Cabot Oil & Gas (COG) was upgraded to overweight at Barclays. $26 price target. The stock is down, despite improving fundamentals in the natural gas market, Barclays said.
CSX (CSX) was upgraded to outperform from market perform at BMO Capital. $55 price target. Activists can drive a CEO change and unlock value, BMO said.
Dish Network (DISH) was upgraded to overweight at Morgan Stanley. $75 price target. Mobile data consumption trends support higher spectrum valuation, Morgan Stanley said.
Liberty SiriusXM (LSXMK) was downgraded to equal-weight at Morgan Stanley. $39 price target. Growth is decelerating and the company is facing a new cash tax bill, Morgan said.
MetLife (MET) was upgraded to buy from hold at Deutsche Bank. $65 price target. The stock has pulled back 5% and near-term earnings expectations appear too low, Deutsche said.
Qualcomm (QCOM) was downgraded to neutral from buy at Nomura. $70 price target. The company is facing increased legal scrutiny, which could affect the pending NXPI deal, Nomura said.
Southwestern Energy (SWN) was upgraded to equal-weight at Barclays. $11 price target. Production growth is set to rebound 11% this year, Barclays said.