Top Analyst Upgrades and Downgrades: Broadcom, CenturyLink, GoPro, Linn, Stratasys, Whiting and Many More
Barrick Gold Corp. (NYSE: ABX) was raised to Hold from Sell at Canaccord Genuity.
Calpine Corp. (NYSE: CPN) was raised to Buy from Hold at Evercore ISI.
Diebold, Inc. (NYSE: DBD) was raised to Outperform from Neutral at Wedbush Securities.
LendingClub Corp. (NYSE: LC) was started as Buy and with a $24 price target (versus $14.53 close) at Canaccord Genuity.
LinkedIn Corp. (NYSE: LNKD) was downgraded to Hold from Buy at JPMorgan.
Lions Gate Entertainment Corp. (NYSE: LGF) was started as Outperform at Macquarie.
Luxottica Group SpA (NYSE: LUX) was started as Underperform at Jefferies.
Molina Healthcare, Inc. (NYSE: MOH) was raised to Buy from Hold at Stifel Nicolaus.
Mondelez International (NASDAQ: MDLZ) was downgraded to Neutral from Buy with a $46 target (versus $45.27 close) at Goldman Sachs.
Murphy Oil Corp. (NYSE: MUR) was downgraded to Perform from Outperform at Oppenheimer.
Nokia Corp. (NYSE: NOK) was reiterated as Buy with a $10.00 price target (versus $7.03 close, after a 6.7% post-earnings gain) at Canaccord Genuity.
Norfolk Southern Corp. (NYSE: NSC) was downgraded to Hold from Buy at Argus.
Ocwen Financial Corp. (NYSE: OCN) was downgraded to Neutral from Buy with a $12 price target (versus $11.76 close, but shares were indicated down 12% at $10.35) at Sterne Agee CRT.
On Deck Capital, Inc. (NYSE: ONDK) was started as Buy with a $22 price target (versus $12.67 close) at Canaccord Genuity.
QLogic Corp. (NASDAQ: QLGC) was downgraded to Market Perform from Outperform at BMO Capital Markets.
Restoration Hardware Holdings (NYSE: RH) was started as Hold at Evercore ISI.
RingCentral, Inc. (NYSE: RNG) was raised from an already positive Outperform rating up to the prized “Strong Buy” rating with a $27 price target (versus $17.90 close) at Raymond James.
Urban Outfitters Inc. (NASDAQ: URBN) was downgraded to Market Perform from Outperform with a $30 price target (versus $33.00 close) at BMO Capital Markets.
Wayfair Inc. (NYSE: W) was started as Buy at Evercore ISI.
In case you missed Thursday’s top upgrades and downgrades, they were in shares of Barclays, BP, LifeLock, Mobileye, Oracle, Southwest Air, Whole Foods and over a dozen more.