Investing

Top Analyst Upgrades and Downgrades: Best Buy, 3D Systems, EA, Gilead, Nokia, Shire, United Rentals and Many More

Bluebird Bio Inc. (NASDAQ: BLUE) was maintained as Buy but the price target was cut to $84.00 from $96.00 (versus a $46.57 close) at Jefferies.

CAI International Inc. (NYSE: CAI) was downgraded to Market Perform from Outperform at Keefe Bruyette & Woods.

Colgate-Palmolive Co. (NYSE: CL) was raised to Outperform from Neutral at BNP Paribas.

Copart Inc. (NASDAQ: CPRT) was started as Hold with a $40.00 price target (versus a $34.78 close) at Jefferies.

Enova International Inc. (NYSE: ENVA) was started as Neutral with a fair value estimate of $7.00 (versus a $5.58 close) at Janney Capital Markets.

Ericsson (NASDAQ: ERIC) was downgraded to Hold from Buy at Deutsche Bank.

Exact Sciences Corp. (NASDAQ: EXAS) was reiterated as Buy with a $13.00 price target at Canaccord Genuity. The firm said that management provided more positive data than it had expected.

Fidus Investment Corp. (NASDAQ: FDUS) was started as Neutral with a $15.50 fair value estimate (versus a $13.12 close) at Janney Capital Markets.


Geron Corp. (NASDAQ: GERN) was reiterated as Buy with a fair value estimate of $6.50 (versus a $3.45 close) at Janney Capital Markets.

JPMorgan Chase & Co. (NYSE: JPM) was maintained as Buy but the price target was cut to $70 from $76 at Argus.

KAR Auction Services Inc. (NYSE: KAR) was started with a Buy rating and was assigned a $45.00 price target (versus a $34.18 close) at Jefferies.

LKQ Corp. (NASDAQ: LKQ) was started with a Buy rating and was given a $37.00 price target at Jefferies.

Masco Corp. (NYSE: MAS) was raised to Buy from Neutral at UBS.

Novartis A.G. (NYSE: NVS) was downgraded to Underweight from Equal Weight at Barclays.

Retail Properties of America Inc. (NYSE: RPAI) was started as Outperform with a $17.50 price target (versus a $14.58 close) at Credit Suisse. It was called out as the firm’s top pick in the shopping center space, with a 25% implied upside versus 15% for peers.

Seadrill Ltd. (NYSE: SDRL) was started as Underweight at UBS.

uniQure N.V. (NASDAQ: QURE) was reiterated as Buy and with a $40 fair value at Janney Capital Markets. The firm considers it in an out of favor sector with compelling entry points at a significant discount.

Upland Software Inc. (NASDAQ: UPLD) was maintained as Buy but the price target was cut to $11.00 from $13.00 at Canaccord Genuity.

If you missed Thursday’s top analyst upgrades and downgrades, they included Alcoa, GoPro, MetLife, Netflix, SUPERVALU, Walt Disney, Williams Companies, Yelp and over a dozen more companies.