Investing

Top Analyst Upgrades and Downgrades: Amex, Cheniere, Goldcorp, Microsoft, Nucor, Synchrony, Tyco, Whiting and Many More

ArcelorMittal (NYSE: MT) was downgraded to Hold from Underperform and the price target was cut to $3.00 from $6.00 at Jefferies.

Black Knight Financial Services Inc. (NYSE: BKFS) was raised to Buy from Neutral with a $37.00 price objective (versus a $29.25 close) at Bank of America Merrill Lynch.

Brookfield Infrastructure Partners L.P. (NYSE: BIP) was raised to Strong Buy from Outperform and it has a $50 price target (versus a $32.43 close) at Raymond James.

Conn’s Inc. (NASDAQ: CONN) was downgraded to Hold from Buy at Stifel.

Cornerstone OnDemand Inc. (NASDAQ: CSOD) was raised to Outperform from Market Perform with a $42 price target (versus a $30.16 close) at FBR Capital Markets.

Dr Pepper Snapple (NYSE: DPS) was downgraded to Sell from Neutral with a $87.00 price target (versus a $92.72 close) at Goldman Sachs.

Electronics for Imaging Inc. (NASDAQ: EFII) was started as Overweight with a $52.00 price target (versus a $41.94 close) at Barclays.

IHS Inc. (NYSE: IHS) was maintained as Buy and the price target was cut to $123 from $136 at Stifel.

Intelsat S.A. (NYSE: I) was downgraded to Sell from Neutral with a $3.00 price target (versus a $3.34 close) at Goldman Sachs.


Marsh & McLennan Companies Inc. (NYSE: MMC) was raised to Outperform from Market Perform but the price target was trimmed to $61.00 from $62.00 (versus a $52.67 close) at Keefe Bruyette & Woods.

Plains All American Pipeline L.P. (NYSE: PAA) was downgraded to Neutral from Overweight at JPMorgan, and the price target was cut to $28.00 from $43.00 (versus a $21.96 close). The consensus price target is $32.05, The 52-week trading range is $17.83 to $52.70.

Plains GP Holdings L.P. (NYSE: PAGP) was downgraded to Neutral from Overweight and the price target was slashed to $10.50 from $24.00 (versus an $8.37 close) at JPMorgan.

TD Ameritrade Holding Corp. (NASDAQ: AMTD) was raised to Buy from Neutral at Merrill Lynch, and the firm assigned a $35.00 price objective (versus a $31.11 close).

Tractor Supply Co. (NASDAQ: TSCO) was maintained as Outperform but the price target was cut to $90 from $94 at RBC Capital Markets.

TimkenSteel Corp. (NYSE: TMST) was downgraded to Hold from Buy and the price target was slashed to $4.50 from $20.00 at Jefferies.

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

Zendesk Inc. (NYSE: ZEN) was started as Overweight with a $35.00 price target (versus a $24.13 close) at Stephens.

Western Digital Corp. (NASDAQ: WDC) was maintained as Buy at Jefferies, but the firm cut its price target to $95.00 from $111.00.

If you missed Tuesday’s top analyst upgrades and downgrades, they included Apple, BHP Billiton, CA, CarMax, Dean Foods, Freeport-McMoRan, Newmont Mining, Shire, Wells Fargo and well over a dozen more companies.

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