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Top Analyst Upgrades and Downgrades: Adobe, Best Buy, Fitbit, Home Depot, Lululemon, Micron and More

ArcelorMittal (NYSE: MT) was raised to Buy from Hold at Berenberg.

Ball Corp. (NYSE: BLL) was raised to Overweight from Equal Weight with a $79 price target at JPMorgan.

Costco Wholesale Corp. (NASDAQ: COST) was reiterated as Outperform and the price target was raised to $175 from $160.00 (versus a $157.60 close) at Oppenheimer.

Expedia Inc. (NASDAQ: EXPE) was started as Sector Weight at Pacific Crest.

Fortinet Inc. (NASDAQ: FTNT) was raised to Outperform from Market Perform with a price target of $37 (versus a $29.40 close) at Cowen.

Harmon International Industries Inc. (NYSE: HAR) was started with a Buy rating and a $110 price target (versus an $87.01 close) at Goldman Sachs.

Kinross Gold Corp. (NYSE: KGC) was Raised to Buy from Hold at TD Securities.

Landstar System Inc.(NASDAQ: LSTR) was downgraded to Hold from Buy at Stifel.

NxStage Medical Inc. (NASDAQ: NXTM) was started as Overweight with a price target of $18.50 (versus a $14.96 close) at Piper Jaffray.


New Jersey Resources Corp. (NYSE: NJR) was downgraded to Neutral from Buy at Janney.

Priceline Group Inc. (NASDAQ: PCLN) was started as Sector Weight at Pacific Crest.

Ralph Lauren Corp. (NYSE: RL) was started as Market Perform at Wells Fargo.

Realogy Holding Corp. (NYSE: RLGY) was started as Market Perform with a $37.50 price target (versus a $35.37 close) at Keefer Bruyette Woods.

RE/MAX Holdings Inc. (NYSE: RMAX) was started as Market Perform with a $34 price target (versus a $35.09 close) at Keefer Bruyette Woods.

Sabre Corp. (NASDAQ: SABR) was started as Overweight with a $35 price target (versus a $28.58 close) at Pacific Crest.

Spark Therapeutics Inc. (NASDAQ: ONCE) was started as Underperform with a $21 price target (versus a $31.63 close) at Wedbush Securities.

Syndax Pharmaceuticals Inc. (NASDAQ: SNDX) was started as Outperform with a $24 price target at Oppenheimer.

If you missed Wednesday’s top analyst upgrades and downgrades, they included Apple, AIG, Medivation, PayPal, Shake Shack, TerraForm Power and over a dozen more.