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Top Analyst Upgrades and Downgrades: Celgene, Ciena, Goldman Sachs, MannKind, Newfield, Tetraphase, Walgreens, Yingli and Many More

Boston Properties Inc. (NYSE: BXP) was raised to Buy from Hold at Stifel Nicolaus.

Domino’s Pizza Inc. (NYSE: DPZ) was raised to Buy from Neutral with a price target of $122.00 (versus a $109.00 close) at Goldman Sachs.

EnLink Midstream LLC (NYSE: ENLC) was raised to Buy from Neutral at UBS.

Equinix Inc. (NASDAQ: EQIX) was reiterated as Buy with a $315.00 price target (versus a $279.28 close) at Canaccord Genuity. This call was based on Equinix’s acquisition of Bit-isle bolstering its presence in Japan.

Equity Commonwealth (NYSE: EQC) was raised to Neutral from Underperform with a $31.00 price target (versus a $25.56 close) at Merrill Lynch.

Franklin Resources Inc. (NYSE: BEN) was raised to Buy from Hold with a $46.00 price target (versus a $40.07 close) at Deutsche Bank.

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NXP Semiconductors N.V. (NASDAQ: NXPI) was started as Buy with a $113.00 price target (versus a $90.68 close, after a 7.4% gain) at Sterne Agee. This is just a day after was NXP was reiterated as Buy with a $130.00 price target (versus an $84.43 close and a $120 consensus target) at Canaccord Genuity.

Pacific Sunwear of California Inc. (NASDAQ: PSUN) was downgraded to Hold from Buy and the price target was cut to $1.65 from $4.50 (versus a $0.60 close) at Topeka Capital Markets.

Prologis Inc. (NYSE: PLD) was raised to Buy from Hold and the $41.00 price target was maintained at Stifel Nicolaus.

SL Green Realty Corp. (NYSE: SLG) was raised to Buy from Hold at Stifel Nicolaus.

TG Therapeutics Inc. (NASDAQ: TGTX) was started as Strong Buy with a $20.00 price target (versus an $11.45 close) at Raymond James.

Investors should take note that Merrill Lynch lowered its 2015 price target on the S&P 500 to 2,100 from 2,200 on Tuesday, and Morgan Stanley lowered its price target to 2,200 from 2,275.

If you missed out on Tuesday’s top analyst upgrades and downgrades, they were in shares of Amgen, Dow Chemical, Fitbit, Office Depot, SanDisk, Wells Fargo, Yum! Brands and over a dozen more companies.

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