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Top Analyst Upgrades and Downgrades: JetBlue, Salesforce.com, Staples, Whiting, Yelp and More

Abercrombie & Fitch Co. (NYSE: ANF) was started as Hold at BB&T Capital Markets.

Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA) was downgraded to Underperform from Outperform at BNP Paribas.

Buffalo Wild Wings Inc. (NASDAQ: BWLD) was raised to Outperform from Neutral with a $190 price target (versus a $160.25 close) at R.W. Baird.

Cinedigm Corp. (NASDAQ: CIDM) was raised to Outperform from Neutral at Macquarie.

Equity One Inc. (NYSE: EQY) was raised to Neutral from Underperform with a price target of $27.50 (versus a $25.01 close) at Credit Suisse.

Esterline Technologies Corp. (NYSE: ESL) was downgraded to Neutral from Buy with a $124 price target (versus a $115.11 close) at Goldman Sachs.

Exactech Inc. (NASDAQ: EXAC) was downgraded to Hold from Buy with a $25 price target (versus a $23.28 close) at Canaccord Genuity.

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Garmin Ltd. (NASDAQ: GRMN) was raised to Neutral from Underweight with a $46 price target (versus a $45.54 close) at JPMorgan. Credit Suisse maintained its Neutral rating but lowered its target price to $54 from $51.

HomeStreet Inc. (NASDAQ: HMST) was started as Outperform with a $28 price target (versus a $20.74 close) at Keefe Bruyette Woods.

Mondelez International Inc. (NASDAQ: MDLZ) was raised to Buy from Hold with a price target of $43 at Deutsche Bank.

Nabors Industries Ltd. (NYSE: NBR) was reiterated as Buy and the price target was raised to $20 from $17 (versus a $16.47 close) at Argus.

Office Depot Inc. (NASDAQ: ODP) was raised to Buy from Hold with a $11.50 price target (versus a $9.15 close) at Jefferies.

Pacific Sunwear of California Inc. (NASDAQ: PSUN) was downgraded to Neutral from Buy at D.A. Davidson.

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Penske Automotive Group Inc. (NYSE: PAG) was downgraded to Sell from an already cautious Neutral rating at Goldman Sachs, and the price target was cut to $43 versus a 449.96 closing price and versus a $55.71 consensus analyst target price.

PCTEL Inc. (NASDAQ: PCTI) was raised to Buy from Neutral with an $11 price target (versus a $7.65 close) at B. Riley.

Progressive Corp. (NYSE: PGR) was raised to Buy from Neutral at UBS.

Spirit Airlines Inc. (NASDAQ: SAVE) was raised to Buy from Hold with a $85 price target (versus a $70.66 close) at Evercore ISI.

Stratasys Inc. (NASDAQ: SSYS) was downgraded to Sector Perform from Outperform at RBC Capital Markets.

St. Jude Medical Inc. (NYSE: STJ) was removed from the US 1 list at Merrill Lynch, but this is simply due to the expiration of its 12-month term on the list.

Tempur Sealy International Inc. (NYSE: TPX) was raised to Buy from Neutral with a $72 price objective (versus $61.38 close) at Merrill Lynch.

Verisk Analytics Inc. (NASDAQ: VRSK) was downgraded to Market Perform from Outperform with a price target of $80 (versus a $76.85 close) at BMO Capital Markets.

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In case you missed out on Wednesday’s top analyst upgrades and downgrades, they included AK Steel, National Oilwell Varco, Pfizer, Stratasys, Twitter, Wynn Resorts and over a dozen more companies.