Investing

Top Analyst Upgrades and Downgrades: Anadarko, Buffalo Wild Wings, GoPro, LifeLock, Rite Aid, SunPower and More

Diamond Foods (NASDAQ: DMND) was downgraded to Market Perform from Outperform but the price target was raised to $40 from $35 (based on merger news) at BMO Capital Markets.

Garmin Ltd. (NASDAQ: GRMN) was downgraded to Sell from Neutral at Citigroup.

HealthSouth Corp. (NYSE: HLS) was downgraded to Hold from Buy at Stifel.

Novadaq Technologies Inc. (NASDAQ: NVDQ) was raised to Overweight from Equal Weight with a $15 price target (versus an $11.16 close) at First Analysis.

PayPal Holdings Inc. (NASDAQ: PYPL) was reiterated as Buy with a $44.00 price target at Jefferies. The firm even said it was surprised that shares traded lower after earnings and guidance.

Realty Income Corp. (NYSE: O) was downgraded to Sell from Neutral with a $46.00 price target (versus a $50.60 close) at UBS.

ALSO READ: Why Do Apple Analysts Look So Confused Now?

Rio Tinto PLC (NYSE: RIO) was reiterated as Market Perform and the price target was cut to $40 from $48 at Cowen.

Silicon Laboratories Inc. (NASDAQ: SLAB) was downgraded to Market Perform from Outperform at William Blair.

SINA Corp. (NASDAQ: SINA) was downgraded to Neutral from Buy at Citigroup. Shares closed at $48.35 and have a 52-week range of $31.92 to $61.25.

Steiner Leisure Ltd. (NASDAQ: STNR) was downgraded to Hold from Buy at Stifel.

Synchronoss Technologies Inc. (NASDAQ: SNCR) was raised to Strong Buy from an already-positive Outperform rating at Raymond James.

Teradyne Inc. (NYSE: TER) was downgraded to Sector Weight from Overweight at KeyBanc Capital Markets.

Veeco Instruments Inc. (NASDAQ: VECO) was downgraded to Neutral from Overweight and the price target was cut to $23 from $32 (versus a $20.82 close) at JPMorgan.

In case you missed Wednesday’s top analyst upgrades and downgrades, they included Akamai Technologies, Apple, Devon Energy, GrubHub, JetBlue Airways, Kroger, Twitter, UBS, Yelp and many more companies.

ALSO READ: The 10 Most Profitable Companies in the World

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.