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Market news:

Upgrades:

  • ITT upgraded to Outperform from Perform at Oppenheimer, PT $50
  • SPWR upgraded to Outperform from Perform at Oppenheimer, PT $10
  • CAVM upgraded to buy at BofA/Merrill, PT $85
  • EVR upgraded to buy at BofA/Merrill, PT $95
  • RF upgraded to buy at SunTrust, PT $19
  • NTAP upgraded to market perform at William Blair, PT $41

Downgrades:

  • TSLA fundamentals do not support recent run-up in shares, says UBS, reiterated sell, PT $160
  • TCO downgraded to Equal Weight from Overweight at Morgan Stanley, PT $71
  • GDDY downgraded to hold at Summit Redstone, PT $37
  • OZM downgraded to Neutral from Overweight at JPMorgan
  • BMA downgraded to Neutral from Overweight at JPMorgan, PT $82