Bofa/Merrill

Bank of America Merrill Lynch says Invesco Ltd. (NYSE: IVZ) is set to outperform peers with above average organic growth and higher relative growth rate. Further, the asset manager's well managed costs/capital, and a below average valuation also works in its favor. "Our expectations...

Tesoro Corporation (NYSE: TSO) remains Bank of America Merrill Lynch's one of only two Buy ratings within independent refining sector despite being cautious on the sector. The other Buy-rated stock is Marathon Petroleum Corp (NYSE: MPC). Analyst Doug Leggate noted that Tesoro's...

Analysts at BofA/Merrill downgrade Blackboard Inc (NASDAQ: BBBB) from “buy” to “underperform.” BBBB shares surged 28.93% to close at $47.91 yesterday. More Analyst Ratings here

Analysts at BofA/Merrill downgrade Universal Technical Institute Inc (NYSE: UTI) from “neutral” to “underperform.” The target price for UTI has been lowered from $18 to $17. UTI shares fell 1.48% to close at $18.66 yesterday. More Analyst Ratings here

Analysts at BofA/Merrill upgrade Shaw Communications Inc (NYSE: SJR) from “neutral” to “buy.” SJR shares fell 0.79% to close at $19.97 on Friday. More Analyst Ratings here

Analysts at BofA/Merrill downgrade Gap Inc (NYSE: GPS) from “buy” to “neutral.” The target price for GPS is set to $23. GPS shares gained 1.08% to close at $22.47 on Friday. More Analyst Ratings here

Analysts at BofA/Merrill downgrade OpenTable Inc (NASDAQ: OPEN) from “buy” to “neutral.” The target price for OPEN has been raised from $97 to $121. OPEN shares gained 0.66% to close at $106.98 yesterday. More Analyst Ratings here

Analysts at BofA/Merrill upgrade Jones Lang LaSalle Incorporated (NYSE: JLL) from “neutral” to “buy.” The target price for JLL has been raised from $100 to $120. JLL shares fell 0.39% to close at $102.76 yesterday. More Analyst Ratings here

Analysts at BofA/Merrill upgrade Biogen Idec Inc (NASDAQ: BIIB) from “neutral” to “buy.” The target price for BIIB has been raised from $71 to $89. BIIB shares surged 7.18% to close at $78.55 yesterday. More Analyst Ratings here

Analysts at BofA/Merrill initiate coverage of Magellan Health Services Inc (NASDAQ: MGLN) with a “buy” rating. The target price for MGLN is set to $50. MGLN shares gained 0.14% to close at $49.83 on Friday. More Analyst Ratings here

Analysts at BofA/Merrill downgrade Mobile TeleSystems OJSC (NYSE: MBT) from “buy” to “neutral.” MBT shares lost 0.37% to close at $21.34 on Friday. More Analyst Ratings here

Analysts at BofA/Merrill downgrade Target Corporation (NYSE: TGT) from “buy” to “neutral.” The target price for TGT has been lowered from $65 to $55. TGT shares fell 2.63% to close at $49.62 yesterday. More Analyst Ratings here