Notable Upgrades: FireEye (FEYE), Myriad Genetics (MYGN), TherapeuticsMD (TXMD), Spirit Airlines (SAVE), The Hershey Company (HSY), Amazon.com (AMZN)

Analysts at Citigroup (C) are out with a report this morning upgrading shares of FireEye, Inc. (FEYE) with a ‘Buy’ from ‘Neutral’ rating. The firm cited the company’s ability to grow quickly and “expand its product line into adjacent markets.”

In the past 52 weeks, shares of Milpitas, California-based cybersecurity solutions firm have traded between a low of $19.76 and a high of $55.33 and are now at $21.64.

Shares are down 32.27% year-over-year and 36.07% year-to-date.
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Analysts at Goldman Sachs (GS) upgraded their rating on the shares of Myriad Genetics, Inc. (MYGN). In a research note published on Tuesday, the firm lifted the name with a ‘Neutral’ from ‘Sell’ rating.

On valuation measures, Myriad Genetics Inc. shares are currently priced at 35.67x this year’s forecasted earnings. Ticker has a PEG and forward P/E ratio of 1.63 and 23.41, respectively. Price/Sales for the same period is 4.04 while EPS is $1.24. Currently there are 5 analysts that rate MYGN a ‘Buy’, 7 rate it a ‘Hold’. 4 analysts rate it a ‘Sell’.

MYGN has a median Wall Street price target of $38 with a high target of $50.
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TherapeuticsMD, Inc. (TXMD) was reiterated a ‘Buy’ by Jefferies analysts on Tuesday. The broker also raised its price target on the stock to $18 from $15.

TXMD is up $2.77 at $9.30 on heavy volume. Midway through trading Tuesday, 20.12 million shares of TherapeuticsMD Inc. have exchanged hands as compared to its average daily volume of 988K shares. The stock has ranged in a price between $8.35 to $9.81 after having opened the day at $8.57.
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Spirit Airlines, Inc. (SAVE) was reiterated as ‘Outperform’ with a $55 from $50 price target on Tuesday by Cowen.
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The Hershey Company (HSY) was upgraded to ‘Buy’ from ‘Hold’ by Argus analysts on Tuesday. The broker set its price target on the stock at $96/shr.

HSY began trading this morning at $87.42 to currently trade 0.63% higher from the prior days close of $87.14. On an intraday basis it has gotten as low as $86.68 and as high as $88.32.

Hershey Co. is down 10.57% year-over-year, compared with a 0.84% gain in the S&P 500.
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Amazon.com (AMZN) — Pacific Crest initiated coverage of the e-commerce giant’s stock with an ‘Overweight’ rating and an $800 price target.

AMZN was up $4.93 at $674.76 in midday trade, moving within a 52-week range of $285.25 to $684.82. The name, valued at $316.30 billion, opened at $663.13.