BMO Capital analyst John McNulty upgrades Air Products & Chemicals (NYSE:APD) from Market Perform to Outperform and raises the price target from $283 to $321.
Commodity prices have been behaving irrationally, according to a Goldman Sachs Group Inc. (NYSE: GS) analyst, citing further unsustainable price increases.
Ciena Corporation (NYSE: CIEN) is set up well for the coming quarters, with pent up demand for high-speed networks and the easing of supply chain headwinds, according to Morgan Stanley.