Key Calls (Wednesday): Upgrades, Downgrades & Initiations

Via Bloomberg

upgrade

  • AvalonBay (AVB) raised to buy at BofAML
  • Bellatrix Exploration (BXE CN) raised to speculative buy at Canaccord
  • Crown Castle (CCI) raised to outperform at Wells Fargo
  • Impax Labs (IPXL) raised to buy at Deutsche Bank
  • Michaels (MIK) raised to buy at BofAML, PT $28
  • Navistar (NAV) raised to hold at Stifel, PT $24
  • Omnicom (OMC) raised to outperform at RBC
  • Pretium Resources (PVG CN) raised to outperform at RBC, PT C$18
  • Skyworks (SWKS) raised to buy at Mizuho, PT $110
  • UDR (UDR) raised to neutral at BofAML

downgrade

  • Astoria Financial (AF) cut to neutral at Piper Jaffray, PT $23.50
  • Bombardier (BBD/B CN) cut to market perform at Raymond James, PT C$2.50
  • Fortress Investment (FIG) cut to market perform at JMP
  • Nationstar (NSM) cut to underweight at Piper Jaffray
  • Nimble Storage (NMBL) cut to equal-weight at Morgan Stanley, PT $12.50
  • Nimble Storage (NMBL) cut to market perform at Wells Fargo
  • Nimble Storage (NMBL) cut to neutral at Susquehanna, PT $12
  • Nimble Storage (NMBL) cut to sector weight at Pacific Crest
  • Patriot National (PN) cut to neutral at Compass Point
  • Urban Outfitters (URBN) cut to market perform at William Blair
  • Yellow Pages (Y CN) cut to speculative buy at Canaccord, PT C$15

initiation

  • Auxilio (AUXO) rated new buy at B Riley, PT $7.75
  • Bellicum (BLCM) rated new outperform at Wells Fargo
  • Laureate Education (LAUR) rated new overweight at JPMorgan, PT $15.50
  • Mueller Water (MWA) rated new buy at Goldman, PT $15
  • Qorvo (QRVO) rated new market perform at Wells Fargo
  • Skyworks (SWKS) rated new outperform at Wells Fargo
  • Watts Water (WTS) rated new neutral at Goldman
  • Xylem (XYL) rated new neutral at Goldman

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