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Top Analyst Upgrades and Downgrades: Aegerion, Amazon, EMC, McDonald's, MetLife, Microsoft, SanDisk, Tyco and More

Activision Blizzard Inc. (NASDAQ: ATVI) was reiterated as Buy and the price target was raised to $41 from $34 at Argus, with the boost coming from the addition of earnings and sales from the King Digital acquisition.

Albemarle Corp. (NYSE: ALB) was started as Neutral with a $54 price target (versus a $49.58 close) at UBS.

Arch Capital Group Ltd. (NASDAQ: ACGL) was started as Neutral and was assigned a $70 price target (versus a $74.46 close) at Nomura.

AstraZeneca PLC (NYSE AZN) saw its earnings forecasts raised, on the heels of its ZS Pharma buyout, by Deutsche Bank.

Eaton Corp. (NYSE: ETN) was downgraded to Hold from Buy at Argus.

Hain Celestial Group Inc. (NASDAQ: HAIN) was reiterated as Buy art Argus with a $78.00 price target (versus a $45.26 close), noting that the sell-off has provided a buying opportunity.

Lennox International Inc. (NYSE: LII) was downgraded to Neutral from Overweight at JPMorgan.

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Metaldyne Performance Group (NYSE: MPG) was downgraded to Equal Weight from Overweight with a $23 price target (versus a $22.35 close) at Barclays.

Perceptron Inc. (NASDAQ: PRCP) was started as Outperform with an $11 price target (versus a $7.32 close) at FBR Capital Markets.

Pure Storage Inc. (NYSE: PSTG) was started as Neutral with a $20 price target (versus a $17.40) at Sterne Agee CRT.

Rex Energy Corp. (NASDAQ: REXX) was downgraded to Market Perform from Outperform and the price target was slashed to $2.75 from $5.00 (versus a $2.32 close) at Northland Securities.

Rice Energy Inc. (NYSE: RICE) was downgraded to Neutral from Buy and its price target was cut to $18 from $23 (versus a $15.80 close) at Goldman Sachs.

Rockwell Automation Inc. (NYSE: ROK) was downgraded to Underperform from outperform at CLSA.

Service Corp. International (NYSE: SCI) was started as Outperform with a $31 price target (versus a $26.36 close) at Oppenheimer.

SVB Financial Group (NASDAQ: SIVB) was raised to Overweight from Equal Weight with a $152 price target (versus a $136.15 close) at Morgan Stanley.

Time Warner Cable Inc. (NYSE: TWC) was started as Neutral with a $202 price target (versus a $189.31 close) at SunTrust Robinson Humphrey.

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On Tuesday we had six key earnings losers that created huge stock drops, and there were 4 big gainers after earnings as well. Also, here are the 4 DJIA stocks that held the Dow down from larger gains on Tuesday.

If you missed Tuesday’s top analyst calls, they include AbbVie, Apple, Autodesk, JD.com, CyberArk, Dean Foods, Walt Disney and over a dozen more companies.