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Analysts’ upgrades for Tuesday, May 27th:

Absolute Software (TSE:ABT) was upgraded by analysts at TD Securities to a buy rating.

Allergan (NYSE:AGN) was upgraded by analysts at Buckingham Research from a neutral rating to a buy rating.

AMC Entertainment Holdings (NYSE:AMC) was upgraded by analysts at ING Group from a neutral rating to a buy rating. ING Group currently has $28.00 price target on the stock, up from their previous price target of $25.50.

Apricus Biosciences (NASDAQ:APRI) was upgraded by analysts at Cantor Fitzgerald from a hold rating to a buy rating.

Aeropostale (NYSE:ARO) was upgraded by analysts at Piper Jaffray from an underweight rating to a neutral rating.

Cepheid (NASDAQ:CPHD) was upgraded by analysts at ING Group from a hold rating to a buy rating. ING Group currently has $50.00 price target on the stock.

Henkel Ag And Co. Kg (OTCMKTS:HENKY) was upgraded by analysts at Credit Suisse from an underperform rating to a neutral rating.

Pernix Therapeutics Holdings (NYSE:PTX) was upgraded by analysts at Citigroup Inc. from a hold rating to a buy rating.

Pernix Therapeutics Holdings (NYSE:PTX) was upgraded by analysts at Aegis from a hold rating to a buy rating.

Pernix Therapeutics Holdings (NYSE:PTX) was upgraded by analysts at ING Group to a buy rating.

Two Harbors Investment Corp. (NYSE:TWO) was upgraded by analysts at Wunderlich to an outperform rating. The firm currently has $11.00 target price on the stock, down from their previous target price of $11.50. The analysts wrote, “The first part of 2014 has been favorable to the mortgage REIT sector, both in terms of rates and spreads. While we expect the environment to turn less favorable over the next 12 months with rising rates and widening Agency spreads we think the discounts to book value reflect this expectation. The majority of the expected return from the sector will come from the 11% dividend yield, which we find attractive in the persistent low rate environment.”

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