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Stock Analysts’ upgrades for Monday, May 19th:

Apple (NASDAQ:AAPL) was upgraded by analysts at Erste Group from a sell rating to a hold rating.

Abbott Laboratories (NYSE:ABT) was upgraded by analysts at Raymond James from a market perform rating to an outperform rating.

Aceto Corp. (NASDAQ:ACET) was upgraded by analysts at Sidoti from a neutral rating to a buy rating.

Altera (NYSE:ALTR) was upgraded by analysts at RBC Capital from a sector perform rating to an outperform rating. RBC Capital currently has $39.00 target price on the stock, up from their previous target price of $36.00.

China Mobile (NYSE:CHl) was upgraded by analysts at Goldman Sachs from a neutral rating to a buy rating. They currently have $61.00 target price on the stock, up from their previous target price of $49.65.

Diamond Offshore Drilling (NYSE:DO) was upgraded by analysts at Global Hunter Securities from a sell rating to a neutral rating. Global Hunter Securities currently has $48.00 price target on the stock, up from their previous price target of $37.00.

Directv (NYSE:DTV) was upgraded by analysts at Nomura from a reduce rating to a neutral rating. They currently have $95.00 target price on the stock, up from their previous target price of $50.00.

Ply Gem Holdings (NASDAQ:PGEM) was upgraded by analysts at Stephens from an equal weight rating to an overweight rating. The firm currently has $13.00 target price on the stock.

SYNNEX (NYSE:SNX) was upgraded by analysts at Cross Research from a hold rating to a buy rating. They currently have $81.00 price target on the stock.

AT&T (NYSE:T) was upgraded by analysts at Morgan Stanley from a market perform rating to a buy rating. They currently have $41.00 price target on the stock. The analysts wrote, “definitive agreement” where AT&T will acquire DIRECTV in a stock and cash transaction for $95.00, based on AT&T’s Friday closing price. The $95.00 price represents a 70/30 equity cash split of $66.50 per share in AT&T equity and $28.50 per share in cash. The deal is expected to close within a year subject to DOJ, FCC and shareholder approval. Raymond James remarked that shares will likely trade at a discount due to the approximate 12-month time frame and the potential regulatory overhang. Louthan wrote, “We believe the broadband carrot Washington is so enamored with will get it over the line, given that AT&T has agreed to build high-speed internet to an additional 15 million homes as part of the transaction, will continue to offer DirecTV on a standalone basis for at least three years, and will offer a minimum 6 mbps standalone broadband offering where it has it today (which we can demonstrate is a perfectly acceptable throughput for OTT). There will still be three traditional video providers (DISH + Cable) in almost all overlapping markets, plus nascent OTT options further improving the odds of a favorable ruling.”

Zimmer Holdings (NYSE:ZMH) was upgraded by analysts at Summer Street from a neutral rating to a buy rating. Summer Street currently has $133.00 price target on the stock.

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