Stocks had been indicated earlier after a massacre event took stocks lower on Wednesday. A disappointing ECB meeting without much new on quantitative easing then took the markets lower. The trend that has been static for four years now is that investors will buy stocks on pullbacks. 24/7 Wall St. reviews dozens of analyst research reports each morning in an effort to find new investing and trading ideas for its readers. Some analyst reports cover stocks to buy, while other calls cover stocks to sell or avoid.

These are this Thursday’s top analyst upgrades, downgrades and initiations.

Aeropostale Inc. (NYSE: ARO) was maintained as Hold at Jefferies, but the price target was slashed to $0.60 from $1.25. Telsey Advisory has an Underperform rating and lowered the price target to $1.00 from $1.50. Aeropostale closed at $0.59 Wednesday and was one of the 24/7 Wall St. picks as one of 10 brands likely to disappear in 2016.

American Eagle Outfitters Inc. (NYSE: AEO) was reiterated as Buy with a $24 price target (versus a $15.81 prior close). The firm said that American Eagle remains poised to gain share in the teen space as sales momentum continued into the fourth quarter with a solid Thanksgiving weekend.

Avago Technologies Ltd. (NASDAQ: AVGO) was reiterated as outperform at RBC and the price target was raised to $155 from $150. Mizuho Securities reiterated its Buy rating and raised its price target to $175 from $165. Canaccord Genuity has a Buy rating and raised its price target to $179 from $165.

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Costco Wholesale Corp. (NASDAQ: COST) was reiterated as Buy and the price target was raised to $180 from $162 at Stifel. Deutsche Bank reiterated its Buy rating and raised its price target to $200 from $152. Costco closed at $161.09.

HP Inc. (NYSE: HPQ) was reiterated as Buy at Argus, based on its views on the PC and printer company and valuations. Argus is modeling a 5% revenue decline for fiscal 2016, principally because of currency, and it has a split-adjusted 12-month target price of $16.00 (versus a $11.95 close).

Kinder Morgan Inc. (NYSE: KMI) was downgraded to Hold from Buy at Argus. The firm sees risks of additional declines in Kinder Morgan shares from ongoing investor concerns about reduced dividend growth guidance, repeated earnings misses against consensus, and Kinder Morgan’s ability to fund its five-year $21.3 billion project backlog. RBC maintained an Outperform rating but lowered its price target to $29 from $36 in the call.

NCR Corp. (NYSE: NCR) was downgraded to Market Perform from Outperform at Oppenheimer. NCR closed at $27.23, has a consensus analyst price target of $29.43 and has a 52-week trading range of $21.79 to $36.50.

Pandora Media Inc. (NYSE: P) was started as Market Perform at BMO Capital Markets. Pandora also was raised to Outperform from Market Perform with a $17 price target (versus a $14.27 close) at Raymond James. Pandora has a 52-week range of $11.38 to $22.60 and a consensus analyst price target of $19.25.

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Other key analyst upgrades and downgrades on Thursday were in the following: