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Top Analyst Upgrades and Downgrades: BioMarin, BP, Micron, Vonage, Finisar, ConEd, Red Hat and More

Consolidated Edison Inc. (NYSE: ED) was raised to Hold from Sell with a price target drop to $58 from $62 (versus a $59.20 close) at Evercore ISI.

Deutsche Bank A.G. (NYSE: DB) was raised to Neutral from Underperform at BNP Paribas.

EnCana Corp. (NYSE: ECA) was raised to Outperform from Market Perform with a price target of $15.00 (versus a $11.76 close) at BMO Capital Markets.

Energy Transfer Partners L.P. (NYSE: ETP) was raised to Buy from Neutral with a price objective of $64.00 (versus a $56.19 close) at Bank of America Merrill Lynch.

EP Energy Corp. (NYSE: EPE) was raised to Buy from Neutral with a $18 price target (versus a $13.18 close) at SunTrust Robinson Humphrey.

ALSO READ: 6 Analyst Stocks With 50% to 100% Upside Calls

Lumenis Ltd. (NASDAQ: LMNS) popped Thursday on news that it was being acquired at $14.00 per share by XIO Group. It was downgraded to Hold From Buy and the price target was cut to $14 from $16 at Jefferies. Credit Suisse cut its rating to Underperform from Outperform with a $14 price target.

Mack-Cali Realty Corp. (NYSE: CLI) was raised to Buy from Hold at Stifel.

Public Storage (NYSE: PSA) was downgraded to Hold from Buy at Cantor Fitzgerald.

Red Hat Inc. (NYSE: RHT) was reiterated Outperform and the price target was raised to $84 from $78 at Credit Suisse. The stock closed at $78.49 ahead of earnings.

Sharps Compliance Corp. (NASDAQ: SMED) was started as Overweight with a price target of $9.00 (versus a $6.75 close) at a firm called First Analysis.

Sovran Self Storage Inc. (NYSE: SSS) was raised to Buy from Hold at Cantor Fitzgerald.

Telefonica S.A. (NYSE: TEF) was resumed with a Buy rating at Goldman Sachs.

XPO Logistics Inc. (NYSE: XPO) was started as Outperform at William Blair.

ALSO READ: 5 Stocks to Buy With Almost Perfect Balance Sheets

In case you missed out on Thursday’s top analyst upgrades, downgrades and initiations, they included Bankrate, Eli Lilly, Embraer, Oracle, Southwest Airlines and over a dozen more.

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