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Top Analyst Upgrades and Downgrades: AMD, Amazon, Celgene, Comerica, Fortinet, Gilead, Lennar, Netflix, Voya, Wayfair and Many More

Alnylam Pharmaceuticals Inc. (NASDAQ: ALNY) was started as Outperform with a $154.00 price target (versus a $72.41 close) at Credit Suisse.

Aratana Therapeutics Inc. (NASDAQ: PETX) was maintained as Buy at Jefferies, but the price target was cut to $12.00 from $18.00.

BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) was started as Outperform with a $110.00 price target (versus a $79.51 close) at Credit Suisse.

Broadsoft Inc. (NASDAQ: BSFT) was raised to Outperform from Market Perform at Wells Fargo.

CNOOC Ltd. (NYSE: CEO) was raised to Buy from Hold at Jefferies. While the price target was in overseas coverage, it is effectively calling for more than 30% upside. CNOOC closed at $88.52 in New York, within a 52-week range is $87.60 to $175.60.

Cree Inc. (NASDAQ: CREE) was maintained as Hold at Canaccord Genuity, but the price target was cut to $26 from $28.

CSI Compressco L.P. (NASDAQ: CCLP) was started as Neutral with a fair value estimate of $11.00 (versus a $7.14 close) at Janney Capital Markets.


Incyte Corp. (NASDAQ: INCY) was started as Outperform with a $110.00 price target (versus a $73.31 close) at Credit Suisse.

Intel Corp. (NASDAQ: INTC) was reiterated as Buy with a $41 price target at Argus. We also showed how analysts elsewhere now view Intel after the big post-earnings drop.

Investment Technology Group Inc. (NYSE: ITG) was raised to Overweight from Neutral with a $20 price target (versus a $15.49 close) at JPMorgan.

Joy Global Inc. (NYSE: JOY) was maintained as Hold at Jefferies, but the firm cut its price target to $10.00 from $13.00.

Kennametal Inc. (NYSE: KMT) was maintained as Buy at Jefferies, but the price target was cut to $23.00 from $30.00.

Mesoblast Ltd. (NASDAQ: MESO) was started as Outperform with a $10.00 price target (versus a $5.13 close) at Credit Suisse.

Parker Hannifin Corp. (NYSE: PH) was downgraded to Hold from Buy and the price target was cut to $95.00 from $115.00 at Jefferies.

Radian Group Inc. (NYSE: RDN) was downgraded to Neutral from Outperform at Macquarie.

Sanmina Corp. (NASDAQ: SANM) was raised to Sector Perform from Underperform with an $18.00 price target (versus a $16.76 close) at RBC Capital Markets.

Seadrill Ltd. (NYSE: SDRL) was downgraded to Underperform from Neutral at Merrill Lynch.

Synaptics Inc. (NASDAQ: SYNA) was downgraded to Perform from Outperform at Oppenheimer.

Tiffany & Co. (NYSE: TIF) was downgraded to Neutral from Buy with a $71 price target at Goldman Sachs.

Univar Inc. (NYSE: UNVR) was downgraded to Neutral from Buy at Goldman Sachs.

If you missed Tuesday’s top analyst upgrades and downgrades, they included IBM, Lennar, Regions Financial, Shake Shack, Shopify, TerraForm Power, McDonald’s and over a dozen more.