
American Homes 4 Rent (NYSE: AMH) was raised to Buy from Neutral at Bank of America Merrill Lynch.
American Residential Properties Inc. (NYSE: ARPI) was downgraded to Underperform from Neutral at Merrill Lynch.
Chipotle Mexican Grill Inc. (NYSE: CMG) was reiterated as Buy and the price target was raised to $742 (versus a $596.50 close) at Sterne Agee. This is $4 shy of the street-high price target.
El Paso Electric Co. (NYSE: EE) was raised to Neutral from Sell at Goldman Sachs.
First Solar Inc. (NASDAQ: FSLR) was maintained as Neutral at Credit Suisse, but the price target was more than doubled — to $70 from $33 — in the call. The firm said that its technology road map could dramatically improve solar competitiveness.
J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) was downgraded to Neutral from Buy at Merrill Lynch.
NextEra Energy Inc. (NYSE: NEE) was downgraded to Buy from Conviction Buy at Goldman Sachs.
NII Holdings Inc. (NASDAQ: NIHD) was downgraded to Market Perform from Outperform at Wells Fargo Securities.
NRG Energy Inc. (NYSE: NRG) was raised to Conviction Buy from Neutral at Goldman Sachs.
Oracle Corp. (NYSE: ORCL) was downgraded to Hold from Buy at Argus.
Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ: ULTA) was raised to Buy from Neutral at Goldman Sachs.
Under Armour Inc. (NYSE: UA) was downgraded to Neutral from Buy at Sterne Agee, based on valuation. Still, after shares closed at $122, the firm’s three-year price target on the sports apparel stock was established as $170.
Westar Energy Inc. (NYSE: WR) was downgraded to Neutral from Buy at Goldman Sachs.
Xcel Energy Inc. (NYSE: XEL) was downgraded to Sell from Neutral at Goldman Sachs.