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Top Analyst Upgrades and Downgrades: Alibaba, Amazon, BofA, Cypress Semi, Flextronics, JC Penney, Lululemon, Microsoft and More

Atlassian Corp. (NASDAQ: TEAM) was raised to Outperform from Market Perform at JMP Securities.

Atwood Oceanics Inc. (NYSE: ATW) was maintained as Buy but the price target was slashed to $9 from $19 at Jefferies.

Baker Hughes Inc. (NYSE: BHI) was maintained as Buy but the price target was cut to $53 from $61 at Jefferies.

Costamare Inc. (NYSE: CMRE) was started as Neutral with a $9 target (versus an $8.13 close) at Credit Suisse.

Cullen/Frost Bankers Inc. (NYSE: CFR) was maintained as Hold but the price target was cut to $50 from $65 at Jefferies.

Dominion Resources Inc. (NYSE: D) was downgraded to Neutral from Buy at UBS.

DST Systems Inc.. (NYSE: DST) was started as Outperform at R.W. Baird.

ENSCO International PLC (NYSE: ESV) was downgraded to Neutral from Buy at Citigroup.

First Cash Financial Services Inc. (NASDAQ: FCFS) was raised to Buy from Neutral and the fair value estimate was raised to $45 from $44 at Janney Capital Markets.


Halliburton Co. (NYSE: HAL) was maintained as Buy but to the price target was cut to $37 from $42 at Jefferies.

Intercept Pharmaceuticals Inc. (NASDAQ: ICPT) was raised to Equal Weight from Underweight with a $100 price target (versus a $99.32 close) at Morgan Stanley.

Juniper Networks Inc. (NYSE: JNPR) was raised to Outperform from Market Perform with a $31 price target at Bernstein.

Microsemi Corp. (NASDAQ: MSCC) was raised to Outperform from Market Perform at Wells Fargo.

NextEra Energy Inc. (NYSE: NEE) was started as Outperform at R.W. Baird.

Nutrisystem Inc. (NASDAQ: NTRI) was started as Buy with a $25 price target (versus an $18.95 close) at Wunderlich. Does Dan Marino appreciate this upgrade?

Oshkosh Corp. (NYSE: OSK) was raised to Buy from Neutral at SunTrust Robinson Humphrey.

PC Connection Inc. (NASDAQ: PCCC) was raised to Market Perform from Underperform at Raymond James.

Sotherly Hotels Inc. (NASDAQ: SOHO) was raised to Buy from Hold with a fair value estimate of $7.00 (versus a $5.04 close) at Janney Capital Markets.

Spirit AeroSystems Holdings Inc.(NYSE: SPR) was downgraded to Sell from Neutral and the price target was cut to $37 from $52 (versus a $42.25 close) at Goldman Sachs.

Transocean Ltd. (NYSE: RIG) was maintained as Hold but the price target was cut to $9 from $14 at Jefferies.

Western Digital Corp. (NASDAQ: WDC) was maintained as Buy but the price target was lowered to $77 from $82 at Jefferies.

If you missed Thursday’s top analyst upgrades and downgrades, they included Boeing, eBay, Facebook, Incyte, Kinder Morgan, PayPal, Qualcomm, U.S. Steel and over a dozen more companies.