Top Analyst Upgrades and Downgrades: ADT, CarMax, Cogent, Intel, Monsanto, Noble, Raytheon and Many More

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Biomed Realty Trust (NYSE: BMR) was raised to Buy from Hold at Canaccord Genuity, and the price target was raised to $23 from $21 (versus a $19.18 close). There are also reports that it is interested in selling itself, sending shares up 6% to $20.40.

Carnival Corp. (NYSE: CCL) was maintained as Buy at Stifel, and the price target was raised to $61 from $60 (versus a $49.79 close). Carnival has a consensus price target of $59.19 and a 52-week range of $33.11 to $54.05.

Daktronics Inc. (NASDAQ: DAKT) was raised to Buy from Hold at Needham, and the $10 price target was maintained after an $8.24 closing price. Daktronics has a $14.00 consensus price target and a 52-week range of $8.13 to $13.90.

Finish Line Inc. (NASDAQ: FINL) was raised to Outperform from Market Perform and the price target was raised to $30 from $28 (versus a $24.66 close) at FBR Capital Markets. The consensus analyst price target is $28.95 and the 52-week range is $22.40 to $29.92.

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Hill-Rom Holdings Inc. (NYSE: HRC) was started as Neutral at Goldman Sachs. Shares closed at $56.78 and have a consensus price target of $63.00 and a 52-week range of $39.58 to $58.73.

Sharps Compliance Corp. (NASDAQ: SMED) was reiterated as Buy at Stifel, and the firm raised its price target to $11 from $8 (versus an $8.82 close).

Splunk Inc. (NASDAQ: SPLK) was maintained as Buy at Canaccord Genuity, but the firm lowered its price target to $75 from $83 (versus a $57.63 close) after attending its user conference the prior week. Splunk has a consensus price target of $79.97 and a 52-week range of $49.61 to $76.85.

Two key stocks overseas were seen with multiple analyst calls as well:

  • Volkswagen was downgraded to Neutral from Overweight at JPMorgan, while Deutsche Bank downgraded the rating to Hold from Buy.
  • Glencore was defended at Bernstein, saying the sell-off is overdone, while Investec raised its rating to Hold from Sell and while Citi maintained its Buy rating.

In case you missed Tuesday’s top analyst upgrades and downgrades, they were in shares of Apple, DuPont, Frontier Communications, Hewlett-Packard, 3M, Red Hat and over a dozen more companies.

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