Notable Upgrades: Unilife Corporation (UNIS), FLIR Systems (FLIR), Lululemon (LULU), Equinix (EQIX)

Analysts at Griffin Securities are out with a report today upgrading shares of Unilife Corporation (UNIS) with a ‘Buy’ from ‘Hold’ rating. The firm set its price target on the name at $1.50.

In the past 52 weeks, shares of York, Pennsylvania-based company have traded between a low of $0.42 and a high of $4.90 and are now at $0.69.

Shares are down 85.22% year-over-year ; down 85.22% year-to-date.

Analysts at Goldman Sachs (GS) upgraded their rating on the shares of FLIR Systems, Inc. (FLIR). In a research note published on Monday, the firm lifted the name with a ‘Buy’ from ‘Neutral’ rating.

On valuation measures, Flir Systems Inc. shares are currently priced at 16.77x this year’s forecasted earnings, compared to the industry’s 12.01x earnings multiple. Ticker has a PEG and forward P/E ratio of 1.19 and 16.54, respectively. Price/Sales for the same period is 2.50 while EPS is $1.71.

Currently there are 4 analysts that rate FLIR a ‘Buy’, 4 rate it a ‘Hold’. No analyst rates it a ‘Sell’. FLIR has a median Wall Street price target of $34 with a high target of $40.

Lululemon Athletica Inc. (LULU) was raised to ‘Outperform’ from ‘Market Perform’ at Wells Fargo (WFC). The name was also upgraded to ‘Buy’ from ‘Hold’ at Jefferies.

LULU is up $2.68 at $55.15 on heavy volume. Midway through trading Monday, 5.64 million shares of lululemon athletica inc. have exchanged hands as compared to its average daily volume of 4.08 million shares. The stock has ranged in a price between $53.53 to $56.20 after having opened the day at $53.71.

Equinix, Inc. (EQIX) was upgraded to ‘Outperform’ from ‘Market Perform’ by Wells Fargo analysts on Monday.

The stock began trading this morning at $299.75 to currently trade 2.80% lower from the prior days close of $302.40. On an intraday basis it has gotten as low as $293.33 and as high as $300.60.

EQIX shares have advanced 1.16% in the last 4 weeks and 14.42% in the past three months. Over the past 5 trading sessions the stock has gained 1.70%. The Redwood City, California-based company, which is currently valued at $18.22 billion, has a median Wall Street price target of $320 with a high target of $350.

Equinix Inc. is up 42.30% year-over-year, compared with a 0.69% loss in the S&P 500.

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