Top Analyst Upgrades and Downgrades: Anheuser-Busch, Charter Communications, Costco, Nike, TiVo, Under Armour, Whole Foods and More
Acxiom Corp. (NASDAQ: ACXM) was started as Outperform at William Blair.
Briggs & Stratton Corp. (NYSE: BGG) was downgraded to Market Perform from Strong Buy at Raymond James.
Cardiome Pharma Corp. (NASDAQ: CRME) was started with a Buy rating and was assigned a $9.50 price target (versus a $4.68 close) at H.C. Wainwright.
Coca-Cola Enterprises Inc. (NYSE: CCE) is now Coca-Cola European Partners. After a 24% drop to $38.81 after the merger, it was started with a Buy rating and $44.50 price objective at Merrill Lynch.
CorEnergy Infrastructure Trust Inc. (NYSE: CORR) was raised to Buy from Hold with a $32 price target (versus a $24.05 close) at Stifel.
Digital Realty Trust Inc. (NYSE: DLR) was started with an Outperform rating at Wells Fargo.
First Industrial Realty Trust Inc. (NYSE: FR) was downgraded to Hold from Buy with a $26 price target at Jefferies.
HMS Holdings Corp. (NASDAQ: HMSY) was started with an Outperform rating and was assigned a $19 price target (versus a $16.53 close) at Credit Suisse.
InterXion Holding N.V. (NYSE: INXN) was raised to Outperform from Market Perform at Wells Fargo.
Patterson-UTI Energy Inc. (NASDAQ: PTEN) was downgraded to Underperform from Neutral with a $15 price target (versus an $18.61 close) at Credit Suisse.
Premier Inc. (NASDAQ: PINC) was started with an Overweight rating and $41 price target (versus a $31.80 close) at Barclays.
Relypsa Inc. (NASDAQ: RLYP) was raised to Neutral from Underperform and the price target was raised to $20 from $12 (versus a $19.10 close) at Mizuho Securities.
Synchronoss Technologies Inc. (NASDAQ: SNCR) was started with a Buy rating and was given a $48 price target (versus a $35.27 close) at Drexel Hamilton.
TIER REIT Inc. (NYSE: TIER) was reiterated as Buy with a $17 fair value estimate at Janney, and the firm called it one of the more undervalued names in the real estate investment trust space.
Ultimate Software Group Inc. (NASDAQ: ULTI) was started with an Overweight rating and was assigned a $225 price target (versus a $204.48 close) at Piper Jaffray.
Tuesday’s top analyst upgrades and downgrades were in shares of Cliffs Natural Resources, Deere, Lockheed Martin, Micron Technology, Zillow and a dozen or so more.