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Top Analyst Upgrades and Downgrades: Aduro Bio, Facebook, Lululemon, MGIC, Nokia, Schlumberger, Yum and More

Cerner Corp. (NASDAQ: CERN) was downgraded to Neutral from Buy with a price target of $78 (versus a $71.81 close) at SunTrust.

Church & Dwight Co. Inc. (NYSE: CHD) was downgraded to Neutral from Buy with a $88 price target (versus a $85.06 close) at Goldman Sachs.

Costamare Inc. (NYSE: CMRE) was downgraded to Underperform from Neutral and the price objective was cut to $19 from $23 at Bank of America Merrill Lynch.

Coty Inc. (NYSE: COTY) was reiterated as Buy and the price objective was raised to $28 from $25 at Merrill Lynch.

Franklin Financial Network Inc. (NYSE: FSB) was started as Buy with a $27 price objective at Merrill Lynch.

Granite Construction Inc. (NYSE: GVA) was started as Outperform with a price target of $41 (versus a $35.04 close) at Cowen.

Hershey Co. (NYSE: HSY) was started as Reduce with a price target of $88 (versus a $100.27 close) at Nomura.

Intersil Corp. (NASDAQ: ISIL) was raised to Positive from Neutral and its price target was raised to $18 from $14 (versus a $14.41 close) at Susquehanna.

J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) was raised to Buy from Neutral and the price objective was raised to $101 from $79 at Merrill Lynch.

Marathon Oil Corp. (NYSE: MRO) was raised to Overweight from Equal Weight and the price target was set at $37 (versus a $30.52 close) at Morgan Stanley.

ALSO READ: 8 Analyst Stocks Under $10 With Massive Upside

Medivation Inc. (NASDAQ: MDVN) was downgraded to Neutral from Outperform, but the price target was raised to $115 from $98 (versus a $127.68 close) at Credit Suisse.

New Residential Investment Corp. (NYSE: NRZ) was started as Buy with a $18.50 price objective at Merrill Lynch. This implies a 20% total return, as it will capitalize on the transfer of mortgage servicing to non-banks.

Platform Specialty Products Corp. (NYSE: PAH) was started as Outperform with a $31 price target (versus a $26.71 close) at Credit Suisse.

Progressive Waste Solutions Ltd. (NYSE: BIN) was downgraded to Sector Perform from Outperform and the price target was cut to $31 from $34 (versus a $29.70 close) at RBC Capital Markets.

Schlumberger Ltd. (NYSE: SLB) was downgraded to Underperform from Buy with a price target of $94 (versus a $92.86 close) at CLSA. Argus maintained its Buy rating, but lowered the price target to $112 from $121.

Smith & Wesson Holdings Corp. (NASDAQ: SWHC) was started as Sector Perform and with a $16 price target (versus a $15.21 close) at RBC Capital Markets.

Tableau Software Inc. (NYSE: DATA) was started as Neutral with a $104 price target (versus a $95.07 close) at Citigroup.

ALSO READ: Analysts Start to Fear the Worst for AMD

In case you missed Friday’s top analyst upgrades and downgrades, they included Apple, CyberArk Software, EMC, Goldman Sachs, SanDisk, ULTA Salon, Wayfair and over a dozen more companies.

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