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Top Analyst Upgrades and Downgrades: Analog Devices, Barracuda, Gap, Level 3, Petrobras, Autodesk, HSBC and Many More

Abengoa Yield PLC (NYSE: ABY) was downgraded to Equal Weight from Overweight and the price target was cut to $23 from $46 (versus a $16.40 close) at Morgan Stanley.

Autodesk Inc. (NASDAQ: ADSK) was maintained as Buy after the analyst day observations and highlights at Canaccord Genuity, but the price target was lowered to $60 from $65.

Brookfield Asset Management Inc. (NYSE: BAM) was raised to Outperform from Market Perform at BMO Capital Markets.

Danaher Corp. (NYSE: DHR) was started as Outperform with a $93 price target (versus an $83.21 close) at Leerink.

Genuine Parts Co. (NYSE: GPC) was downgraded to Sell from Neutral with an $83 price target (versus an $82.54 close) at Goldman Sachs.

HSBC Holdings PLC (NYSE: HSBC) was raised to Buy from Neutral at UBS.

Lantheus Holdings Inc. (NASDAQ: LNTH) was downgraded to Market Perform from Outperform at Wells Fargo.

ALSO READ: Merrill Lynch Makes Changes to US 1 List Amid Market Turmoil

Madison Square Garden Co. (NYSE: MSG) was raised to Buy from Hold at Stifel Nicolaus.

Post Holdings Inc. (NYSE: POST) was raised to Buy from Neutral by SunTrust Robinson Humphrey.

Sequenom Inc. (NASDAQ: SQNM) was downgraded to Hold from Buy and the $5 price target was slashed to $1.50 (versus a $1.67 close) at Jefferies.

Signature Bank (NASDAQ: SBNY) was started as Outperform with a $168 price target (versus a $135.86 close) at RBC Capital Markets.

Sterling Bancorp. (NYSE: STL) was started as Outperform with an $18 price target (versus a $14.71 close) at RBC Capital Markets.

Williams Partners L.P. (NYSE: WPZ) was started as Neutral with a $42.00 price objective (versus a $29.75 close) at Bank of America Merrill Lynch.

Workday Inc. (NYSE: WDAY) was reiterated as Buy at Canaccord Genuity, but the price target was cut to $90 from $100.

ALSO READ: Argus Sees 3 Top Health and Biotech Stocks as Oversold

In case you missed Tuesday’s analyst upgrades and downgrades, they included Ambarella, Apple, Bunge, McDonald’s, Micron Technology, Occidental Petroleum and over a dozen more companies.

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