Top Analyst Upgrades and Downgrades: Achillion, Gap, GNC, King Digital, Pepsi, Tesla and More

The Gap, Inc. (NYSE: GPS) was started as Neutral at Credit Suisse.

GNC Holdings Inc. (NYSE: GNC) was raised to Outperform from Neutral with a $43 price target (versus $32.67 close) at Credit Suisse.

Gulfport Energy Corp. (NASDAQ: GPOR) was raised to Buy from Hold at Stifel.

Hyatt Hotels Corp. (NYSE: H) was raised to Buy from Hold at Stifel Nicolaus.

King Digital Entertainment PLC (NYSE: KING) was downgraded to Sector Perform from Outperform by Pacific Crest.

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PepsiCo Inc. (NYSE: PEP) was raised to Buy from Neutral at UBS.

2U, Inc. (NASDAQ: TWOU) had a massive run last week, rising from under $14 to just over $17. Now we have word that Goldman Sachs has downgraded the SaaS player for universities and non-profits to Neutral from Buy.

Tesla Motors, Inc. (NASDAQ: TSLA) was raised to Buy from Hold at Deutsche Bank, and the price target was moved all the way up to $310 from $222 (versus $248 close). This was on the heels of a new Outperform rating and $316 price target from Pacific Crest last week.

Thoratec Corp. (NASDAQ: THOR) was pounded on poor results last week, as well as several downgrades. Now, a day-after downgrade has been seen from Northland Securities, which downgraded the stock to Market Perform from Outperform and cut the price target down to $26 (versus $23.27 close).

Wal-Mart Stores Inc. (NYSE: WMT) was downgraded to Hold from Buy at Jefferies, but what stood out the most was the price target cut — down to $76 from $89 (versus $74.67 close).

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In case you missed Friday’s top analyst upgrades and downgrades, they included shares of Zynga, Barrick, Allergan, BioCryst, Mylan, NVIDIA and a dozen or so more companies. Also on deck and of importance for this week:

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