Benzinga's Top Upgrades

Bank of America upgraded Adobe Systems ADBE from “neutral” to “buy.” The target price for Adobe has been raised from $47 to $57. Adobe's shares closed at $43.36 yesterday. Analysts at Goldman Sachs upgraded Tanger Factory Outlet Centers SKT from “sell” to “neutral.” The target price for Tanger Factory Outlet Centers has been raised from $34.50 to $39. Tanger's shares closed at $34.44 yesterday. Analysts at Piper Jaffray upgraded United Natural Foods UNFI from “neutral” to “overweight.” The target price for United Natural Foods has been raised from $57 to $64. United Natural Foods' shares closed at $54.39 yesterday. Morgan Stanley upgraded Sonic SONC from “underweight” to “equal-weight.” Sonic's shares closed at $14.68 yesterday.