Cathay (CATY) (ZION) (AWI) (TCB) (BMS) (BOKF) Upgraded

Cathay General Bancorp (NASDAQ: CATY), Zions Bancorporation (NASDAQ: ZION), Armstrong World Industries (NYSE: AWI), TCF Financial Co. (NYSE: TCB), Bemis (NYSE: BMS) and BOK Financial Co. (NASDAQ: BOKF) upgraded by analysts.

Zions Bancorporation (ZION) was upgraded by RBC Capital from a “Sector Perform” rating to an “Outperform” rating. They have a price target of $20.00 on the company, down from $25.00.

Armstrong World Industries (AWI) was upgraded by BB&T (NYSE:BBT) from a “Hold” rating to a “Buy” rating.

TCF Financial Co. (TCB) was upgraded by FBR Capital from an “Underperform” rating to a “Market Perform” rating. They have a price target of $11.00 on the company, down from $12.00.

Bemis (BMS) was upgraded by Bank of America (NYSE:BAC) from an “Underperform” rating to a “Buy” rating.

BOK Financial Co. (BOKF) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target of $56.00 on the company.

Cathay General Bancorp (CATY) was upgraded by RBC Capital from a “Sector Perform” rating to an “Outperform” rating. They have a price target of $15.00 on the company, down from $18.00.

Price Targets on (AWI) (BZ) (ADP) (CE) (CGNX) Updated

Price targets on Armstrong World Industries (NYSE: AWI), Boise Inc. (NYSE: BZ), Automatic Data Processing Incorporated (NYSE: ADP), Celanese Co. (NYSE: CE) and Cognex Co. (NASDAQ: CGNX) were updated today by analysts.

Citigroup (NYSE:C) raised their price target on Automatic Data Processing Incorporated (ADP) from $54.00 to $59.00. They have a “buy” rating on the company.

RBC Capital raised their price target on Armstrong World Industries (AWI) from $50.00 to $55.00. They have a “top pick” rating on the company.

Goldman Sachs (NYSE:GS) cut their price target on Boise Inc. (BZ) to $9.50. They have a “neutral” rating on the company.

Morgan Stanley (NYSE:MS) raised their price target on Celanese Co. (CE) to $55.00. They have an “overweight” rating on the company.

Needham & Company raised their price target on Cognex Co. (CGNX) from $35.00 to $42.00. They have a “buy” rating on the company.