Analyst Update: Apache Corporation, Canadian Solar Inc., and AbbVie Inc

Analysts are weighing in on oil-and-gas name Apache Corporation (NYSE:APA), alternative energy stock Canadian Solar Inc. (NASDAQ:CSIQ), and biotech AbbVie Inc (NYSE:ABBV). Here's a quick roundup of today's brokerage notes on APA, CSIQ, and ABBV.

• APA is up big for the second straight day, thanks to the company's recent resource discovery -- not to mention booming oil prices. Specifically, the shares surged 6.7% on Wednesday, and are up another 7.3% today to trade at $59.17. Providing an extra lift are a handful of price-targets hikes, including one from Raymond James to $72 -- territory not seen since late 2014. More upbeat analyst attention could be forthcoming for Apache Corporation, too, since 11 of 16 brokerage firms consider it a "hold" or "sell." 
  
  
• CSIQ is up 1.6% at $13.63, after JMP Securities -- which also weighed in on some of the stock's sector peers -- started coverage with a "market perform" rating. Today's gains aside, it's been a terrible year for Canadian Solar Inc., which has lost more than half its value. In the meantime, short sellers have been lining up to bet against the underperformer. During the last reporting period, short interest on CSIQ jumped by over 16%. 
  
  
• A downgrade to "neutral" from "overweight" at J.P. Morgan Securities has ABBV 1.9% lower at $63.74. The brokerage firm also trimmed its price target to $73 from $75, though this still represents all-time-high territory for the stock. Nevertheless, AbbVie Inc is seeing familiar support from its rising 80-day moving average. Options traders, meanwhile, have been placing bearish bets at an alarming rate in recent weeks. Specifically, ABBV's 10-day put/call volume ratio at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) comes in at 2.68, just 9 percentage points from a 12-month high.