Investing

Top Analyst Upgrades and Downgrades: Anadarko, Dollar General, Encana, FedEx, Teva, UBS and Many More

American Campus Communities Inc. (NYSE: ACC) was downgraded to Hold from Buy at Argus, losing its price target. Shares closed at $45.63 and have a consensus price target of $46.17.

Children’s Place Inc. (NASDAQ: PLCE) was downgraded to Perform from Outperform and the price target was cut to $72 from $82 (versus a $75.49 close) at Oppenheimer.

Chimera Investment Corp. (NYSE: CIM) was downgraded to Underperform from Market Perform at Wells Fargo.

Community Health Systems Inc. (NYSE: CYH) was downgraded to Sector Perform from Outperform at RBC Capital Markets. Oppenheimer lowered its target to $26 from $35.

Crestwood Equity Partners L.P. (NYSE: CEQP) was raised to Buy from Hold at Stifel.

Finish Line Inc. (NASDAQ: FINL) was reiterated as Buy with a $24 price target (versus a $19.98 close) at Jefferies. The firm had management meetings and came away more confident that its actions will improve execution, vendor relationships and the customer experience.

Glu Mobile Inc. (NASDAQ: GLUU) was downgraded to Hold from Buy and the price target was cut to $2.70 from $3.68 (versus a $2.67 close) at Benchmark.

KB Home (NYSE: KBH) was downgraded to Sell from Neutral and the price target was cut to $11 from $13 (versus a $13.39 close) at UBS.

Kennametal Inc. (NYSE: KMT) was downgraded to Hold from Buy at Stifel.


Quintiles Transnational Holdings Inc. (NYSE: Q) is merging with IMS Health in an all-stock transaction. Analysts have lowered ratings as a result. Quintiles was downgraded to Neutral from Buy at Robert W. Baird. Jefferies maintained its Buy rating but cut its target to $80 from $85. Evercore ISI cut its rating to Hold from Buy with a $74 price target.

RSP Permian Inc. (NYSE: RSPP) was raised to Strong Buy from an already positive Outperform rating with a price target of $45 (versus a $29.62 close) at Raymond James.

Tenet Healthcare Corp. (NYSE: THC) was downgraded to Neutral from Outperform with a $33 price target (versus a $31.95 close) at Mizuho.

TransAlta Corp. (NYSE: TAC) was downgraded to Underperform from Sector Perform at RBC Capital Markets. TD Securities downgraded it to Hold from Buy.

Zillow Group Inc. (NASDAQ: Z) was raised to Market Perform from Underperform and the price target was raised to $23 from $12 (versus a $25.06 close) at Cowen.

Tuesday’s top analyst upgrades and downgrades included CenturyLink, International Paper, Kroger, On Deck Capital, Phillips 66, United Technologies and more than a dozen others.