Top Analyst Upgrades and Downgrades: DSW, Expedia, Orbitz, SanDisk, USG, Williams and More

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Medtronic Inc. (NYSE: MDT) saw even more upgrades on Tuesday after two key upgrades on Monday. RBC Capital markets raised it to Outperform from Sector perform, and Morgan Stanley raised it to Overweight from Equal Weight.

Netflix, Inc. (NASDAQ: NFLX) was moved to an Overweight rating and $500 target (full upgrade details available) by Morgan Stanley.

Orbitz Worldwide Inc. (NYSE: OWW) was started as Buy and given a $10 price target (versus a $8.12 close) at UBS.

Public Service Enterprise Group Inc. (NYSE: PEG) was raised to Buy from Hold with a $44 price target (versus a $37.99 close) at Jefferies.

SanDisk Corp. (NASDAQ: SNDK) was reiterated as Buy at Sterne Agee after the Fusion-io acquisition, and the new price target is $125 (versus a $102.00 close).

Southwest Airlines Co. (NYSE: LUV) was raised to Buy from Hold with a $30 price target (versus a $26.10 close) at Stifel, and more details have been added on the full upgrade synopsis.

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Superior Drilling Products Inc. (NYSEMKT: SDPI) was started with a Buy rating and $8 price target (versus a $5.74 close) at Wunderlich.

Triumph Group Inc. (NYSE: TGI) was downgraded to Underperform from Neutral with a $73 price target (versus a $71.24 close) at Merrill Lynch.

USG Corp. (NYSE: USG) was started as Buy with a $38 price target (versus a $40.87 close) at Goldman Sachs.

Williams Companies Inc. (NYSE: WMB) was raised to Buy from Hold with a $60 price target at Deutsche Bank after the transformative acquisition. Keep in mind that Jefferies just raised it to Buy on Monday, and the stock closed up a whopping 18% at $56.02.

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Other Key Calls on Tuesday

Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA) was downgraded to Equal Weight from Overweight at Barclays.

DaVita HealthCare Partners Inc. (NYSE: DVA) was started with a Neutral rating at Susquehanna.

Lazard Ltd. (NYSE: LAZ) was raised to Buy from Neutral at UBS.

In case you missed Monday’s analyst upgrades and downgrades, they included AMD, AK Steel, Amercan Express, Dish Network, Digital Realty, Exelon, GNC, Medtronic, Micron Technology, Williams Companies and more.