Top Analyst Upgrades and Downgrades: Anadarko, CSC, DuPont, First Solar, Halliburton, Mattel, Priceline, Starbucks and Many More
Orbotech Ltd. (NASDAQ: ORBK) was started as Outperform and was assigned a $30.00 price target (versus a $21.85 close) at Cowen.
Prosperity Bancshares Inc. (NYSE: PB) was started as Underweight and was assigned a $49 price target (versus a $46.55 close) at JPMorgan.
Reinsurance Group of America Inc. (NYSE: RGA) was started as Buy with a $99 price target (versus an $83.60 close) at Deutsche Bank.
Republic Airways Holdings Inc. (NASDAQ: RJET) was downgraded to Hold from Buy at Deutsche Bank and the price target was cut to $4.00 from $8.00 (versus a $3.62 close).
Royal Caribbean Cruises Ltd. (NYSE: RCL) was downgraded to Equal Weight from Overweight with a $107 price target (versus a $98.14 close) at Morgan Stanley.
Shake Shack Inc. (NYSE: SHAK) was maintained as Hold at Jefferies, but the high-flying hamburger chain’s price target was slashed to $40 from $60 in the call.
Silgan Holdings Inc. (NASDAQ: SLGN) was raised to Outperform from Neutral at R.W. Baird.
SolarEdge Technologies Inc. (NASDAQ: SEDG) was raised to the prized Conviction Buy list at Goldman Sachs after already having had a Buy rating, and the firm raised its price target to $41 from $32 (versus a $28.00 close).
SunPower Corp. (NASDAQ: SPWR) was downgraded to Neutral from Buy at Goldman Sachs, but the firm did raise its price target to $35 from $33 (versus a $30.36 close and a $36.51 consensus target). SunPower has a 52-week range of $18.25 to $35.11.
Total System Services Inc. (NYSE: TSS) was raised to Neutral from Underperform with a $50 price target (versus a $48.24 close) at Credit Suisse.
Tyson Foods Inc. (NYSE: TSN) was downgraded to Sector Perform from Outperform at RBC Capital Markets.
In case you missed Monday’s top analyst upgrades and downgrades, they included Amazon.com, Chesapeake Energy, Chipotle Mexican Grill, Deere, Delphi Automotive, Lululemon Athletica, Pandora Media, McDonald’s, Atlassian and over a dozen more companies.