Top Analyst Upgrades and Downgrades: 3D Systems, BlackBerry, Coach, Oracle, Trina Solar, Kroger and More

It is Friday and stocks are looking for direction after new highs this week. Investors and traders are now routinely told that the bull market has become a stock picker’s market. 24/7 Wall St. reviews dozens of analyst research reports each morning of the week, on the lookout for new research ideas for our readers. Some of these Wall Street research reports cover stocks to buy, while some cover stocks to sell or stocks to avoid.

These are this Friday’s top Wall Street analyst upgrades, downgrades and initiations.

3D Systems Corp. (NYSE: DDD) was started as Buy with a $67 price target (versus a $53.22 close) at Jefferies.

AutoNation Inc. (NYSE: AN) was raised to Buy from Neutral at Goldman Sachs.

BlackBerry Ltd. (NASDAQ: BBRY) was not upgraded per se, but many price hikes have been seen and positive comments made. BMO raised its target to $9 from $8, and Nomura raised its target to $10 from $9. Canaccord Genuity said that there was a favorable business mix and solid cost controls driving slight upside, but also that it is still the early days on long road to potential profits.

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Coach Inc. (NYSE: COH) was downgraded to Market Perform from Outperform at BMO Capital Markets, downgraded to Market Perform at William Blair and downgraded to Neutral at HSBC.

Deckers Outdoor Corp. (NYSE: DECK) was started as Outperform and given a price target range of $92 to $98 (versus a $79.80 close) at Wells Fargo.