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Top Analyst Upgrades and Downgrades: ADT, Microsoft, 3D Systems, Tesla, Yelp and More

Cobalt International Energy Inc. (NYSE: CIE) was downgraded to Neutral from Buy at UBS.

Constant Contact Inc. (NASDAQ: CTCT) was raised to Outperform from Neutral and the price target was raised to $46 from $34 at Credit Suisse.

D.R. Horton Inc. (NYSE: DHI) was downgraded to Neutral from Buy at Citigroup.

E*Trade Financial Corp. (NASDAQ: ETFC) was reiterated Outperform and the valuation range was raised to $27 to $30 from $24 to $27 at Wells Fargo (versus a $24.19 close), based on its capital plan becoming more clear.

Hershey Co. (NYSE: HSY) was downgraded to Sector Perform from Outperform with a $113 price target (versus a $109.33 close) at RBC Capital Markets.

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Marathon Oil Corp. (NYSE: MRO) was downgraded to Neutral from Buy at UBS.

News Corp. (NASDAQ: NWSA) was raised to Outperform from Market Perform with a $18.50 price target (versus a $15.54 close) at FBR Capital Markets.

Norfolk Southern Corp. (NYSE: NSC) was raised to Buy with a price target of $125 (versus a $106.11 close) at Argus.

Ross Stores Inc. (NASDAQ: ROST) was downgraded to Neutral from Overweight with a $89 price target (versus a $95.23 close) at Piper Jaffray.

Select Comfort Corp. (NASDAQ: SCSS) was raised to Buy from Hold at Stifel.

Statoil ASA (NYSE: STO) was downgraded to Underperform from Neutral at Credit Suisse.

TerraForm Power Inc. (NASDAQ: TERP) was started as Buy with a $39 price objective (versus a $32.82 close) at Bank of America Merrill Lynch.

Virgin America Inc. (NASDAQ: VA) was raised to Outperform from Market Perform with a $43 price target (versus a $36.95 close) at Raymond James.

ALSO READ: Why GE Will Keep Raising Its Dividend Ahead

In case you missed Monday’s top analyst upgrades, downgrades and initiations, they were in shares of Bed Bath & Beyond, Family Dollar, Garmin, McDonald’s, Ruckus Wireless, UPS, Verisign and a dozen or so other stocks.