Top Analyst Upgrades and Downgrades: AK Steel, Alphabet, Royal Dutch Shell, Sunoco Logistics, Terex, Verifone, Williams and More

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Aerohive Networks Inc. (NYSE: HIVE) was started with a Buy rating and an $8 price target (versus a $6.18 close) at Wunderlich.

AvalonBay Communities Inc. (NYSE: AVB) was downgraded to Hold from Buy and the price target was lowered from $205 to $188 at Jefferies.

DCP Midstream Partners L.P. (NYSE: DPM) was downgraded to Hold from Buy at Jefferies, but the price target was raised to $35 from $32 in the call.

EnLink Midstream LLC (NYSE: ENLC) was downgraded to Hold from Buy at Jefferies, but the price target was raised from $13 to $15.

Equity Residential (NYSE: EQR) was downgraded to Hold from Buy and the price target was cut to $66 from $79 at Jefferies.

Manitowoc Foodservice Inc. (NYSE: MFS) was downgraded to Neutral from Outperform at R.W. Baird.

Matador Resources Co. (NYSE: MTDR) was started with a Buy rating and was given a $29 price target (versus a $24.22 close) at Sterne Agee CRT.

Mesa Laboratories Inc. (NASDAQ: MLAB) was reiterated as Buy and the fair value estimate was raised to $165 from $106 (versus a $128.49 close) at Janney.

Netgear Inc. (NASDAQ: NTGR) was started with a Buy rating and was given a $55 price target (versus a $45.81 close) at Wunderlich.

Ralph Lauren Corp. (NYSE: RL) was raised to Neutral from Underperform at Merrill Lynch.

Steel Dynamics Inc. (NASDAQ: STLD) was reiterated as Outperform with a $33 price target (versus a $25.53 close) at Credit Suisse.

Sunoco L.P. (NYSE: SUN) was downgraded to Underperform and the price target was cut to $23 from $35 at Jefferies.

Targa Resources Corp. (NYSE: TRGP) was downgraded to Hold from Buy at Jefferies, but the price target was raised to $45 from $34.

United States Steel Corp. (NYSE: X) was reiterated as Outperform with a $26 price target (versus a $15.93 close) at Credit Suisse.

Zebra Technologies Corp. (NASDAQ: ZBRA) was started with a Neutral rating and was given a price target of $55 (versus a $56.22 close) at Goldman Sachs.

Tuesday’s top analyst upgrades and downgrades were in shares of First Data, General Electric, Sarepta Therapeutics, Western Digital, Walgreens Boots Alliance, Zillow and over a dozen more.