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Top Analyst Upgrades and Downgrades: Aeropostale, American Eagle, Avago, Costco, HP, Kinder Morgan, NCR, Pandora and Many More

American Campus Communities Inc. (NYSE: ACC) was downgraded to Sell from Neutral at Goldman Sachs.

Autodesk Inc. (NASDAQ: ADSK) was reiterated as Hold at Canaccord Genuity. The firm likes the business model change but thinks there is too big a premium from what a would-be activist investor might be able to do.

Ball Corp. (NYSE: BLL) was raised to Outperform from Market Perform at Wells Fargo.

Broadcom Corp. (NASDAQ: BRCM) was reiterated as Buy at Canaccord Genuity, and the price target was raised to $59 from $54 in the call, but this is tied to the Avago buyout of Broadcom.

Depomed Inc. (NASDAQ: DEPO) was started as Equal Weight at Morgan Stanley.

Education Realty Trust (NYSE: EDR) was downgraded to Sell from Neutral at Goldman Sachs.

Gulfport Energy Corp. (NASDAQ: GPOR) was maintained as Buy but the price target was cut to $36 from $38 at Jefferies. The latest closing price was $25.14, and Jefferies said that Gulfport’s recent underperformance on a lower growth outlook is now overdone.

ALSO READ: 4 Top Jefferies Biotech and Specialty Pharma Growth Stocks to Buy Now

iRobot Corp. (NASDAQ: IRBT) was reiterated as Buy at Canaccord Genuity, along with its $40 price target, in a response to activist Red Mountain’s filing showing a 6.1% stake and a letter to management.

Mallinckrodt PLC (NYSE: MNK) was raised to Overweight from Equal Weight and the price target went to $88 from $74 (versus a $72.36 close) at Morgan Stanley.

Palo Alto Networks Inc. (NYSE: PANW) was reiterated as Outperform at FBR Capital Markets, which raised the price target to $235 from $210 in the call.

Platform Specialty Products Corp. (NYSE: PAH) was reinstated with a Neutral rating and with a target price of $14 at Credit Suisse.

Sanderson Farms Inc. (NASDAQ: SAFM) was raised to Outperform from Underperform at CLSA.

Silver Spring Networks Inc. (NYSE: SSNI) was started as Buy with a $17 price target (versus a $14.05 close) at Wunderlich.

Travelers Companies Inc. (NYSE: TRV) was downgraded to Neutral from Buy with a $120 price objective (versus a $114.71 close) at Bank of America Merrill Lynch. As a reminder, Travelers is a Dow stock and that is often forgotten about by investors.

ALSO READ: Deutsche Bank Says 3 Bank Stocks Best Pure Play on Rising Rates

Unum Group (NYSE: UNM) was downgraded to Neutral from Buy with a $39 price objective (versus a $36.76 close) at Merrill Lynch.

Verint Systems Inc. (NASDAQ: VRNT) was downgraded to Neutral from Outperform at Credit Suisse, and the price target was lowered to $45 from $60 after lower guidance. Verint was maintained as Outperform at RBC and the price target was cut to $52 from $62 in that call. Verint was last seen down 12% at $40.88.

If you missed out on Wednesday’s top analyst upgrades and downgrades, they were in shares of Athenhealth, AT&T, Cepheid, Chevron, Dollar General, Mobileye and over a dozen more companies.

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