Stocks were indicated lower on Thursday after having been in positive territory in the wee-hours of the futures trading. Another rally has been used as an opportunity to sell, even if the prior four-year trend was to buy the dips.

24/7 Wall St. reviews dozens of analyst reports each morning. The goal is to find new investing and trading ideas for its readers. Some of these analyst reports are on stocks to buy, whiles cover stocks to sell or to avoid.

These are the top analyst upgrades, downgrades and initiations seen on Thursday, February 4, 2016.

GoPro Inc. (NASDAQ: GPRO) traded lower after disappointing earnings and announcing a new chief financial officer. It was downgraded to Neutral from Buy with a $10.00 price target at Sterne Agee CRT. Shares were indicated down 14.5% or so at $9.15, and its 52-week trading range was $9.90 to $65.49.

Illumina Inc. (NASDAQ: ILMN) was downgraded to Hold from Buy and the price target was cut to $160 from $205 (versus a $149.46 prior close) at Canaccord Genuity. Piper Jaffray had just raised its rating to Overweight the previous day. The consensus analyst target is $186.95, and the 52-week range is $130.00 to $242.37.

Mattel Inc. (NASDAQ: MAT) was raised to Buy at Argus with a $38.00 price target (versus a $31.76 close). Mattel has now risen above its $29.73 consensus analyst target, and its 52-week range is $19.45 to $32.20 after the new high on Wednesday.

Match Group Inc. (NASDAQ: MTCH) was downgraded to Equal Weight from Overweight and the price target was cut to $14 from $17 (versus $10.66 close, after a 12.5% drop) at Barclays. Oppenheimer maintained its Outperform rating and $17 target.

Peabody Energy Corp. (NYSE: BTU) was downgraded to Underperform from Market Perform with a measly $1.00 price target (versus a  $4.18 close) at FBR Capital Markets. Peabody still has a consensus target north of $8 and a 52-week range of $2.83 to $123.45 on a reverse split-adjusted basis.

Petróleo Brasileiro S.A. (NYSE: PBR), or Petrobras, was downgraded to Underperform from Neutral at JPMorgan. Petrobras has a consensus price target under $5.00 now, and its 52-week range is $2.71 to $10.55. On Wednesday, S&P maintained its BB rating on some Petrobras ratings but gave it a Negative Outlook, and its stand-alone credit profile (SACP) was cut to B- from B+ in the call.

Wayfair Inc. (NYSE: W) was raised to Buy from Neutral with a $53.00 price target (versus a $40.25 close) at Goldman Sachs. This call is on the heels of it launching its exclusive new home brands this week. Wayfair has a 52-week range of $20.28 to $56.84 and still has a consensus price target of $56.60.

Yahoo! Inc. (NASDAQ: YHOO) was raised to Buy from Neutral with a $32 price target at Citigroup. Many firms lowered their targets on Wednesday, but there were still many Buy and Outperform types of ratings, and the consensus price target from 13 analyst targets seen on Wednesday was still over $35.00. Yahoo closed down almost 5% at $27.68 and has a 52-week range of $26.57 to $46.17.

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Other key analyst upgrades and downgrades were seen in the following on Thursday: