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Top Analyst Upgrades and Downgrades: BlackRock, Bristol-Myers, Level 3, NVIDIA, Monsanto, 21st Century Fox and More

Agnico Eagle Mines Ltd. (NYSE: AEM) was downgraded to Sector Perform from Outperform at RBC Capital Markets.

Barclays PLC (NYSE: BCS) was raised to Outperform from Neutral at BNP Paribas.

Carter’s Inc. (NYSE: CRI) was raised to Buy from Neutral at Monness Crespi Hardt.

Chesapeake Utilities Corp. (NYSE: CPK) was raised to Buy from Neutral by Janney.

Cogent Communications Holdings Inc. (NASDAQ: CCOI) was downgraded to Market Perform from Outperform at Raymond James. Oppenheimer reiterated its Outperform rating and its $45 price target.

Cognizant Technology Solutions Corp. (NASDAQ: CTSH) was downgraded to Neutral from Buy and the price target was cut to $62 from $65 (versus a $59.71 close) at Nomura.

EOG Resources Inc. (NYSE: EOG) was raised to Buy from Hold at Wunderlich.

FirstEnergy Corp. (NYSE: FE) was raised to Overweight from Equal Weight and the price target was raised to $41 from $38 (versus a $32.43 close) at Morgan Stanley.

IAMGOLD Corp. (NYSE: IAG) was raised to Sector Perform from Underperform at RBC Capital Markets.

Nevro Corp. (NASDAQ: NVRO) was started with a Buy rating and assigned a $100 price objective at Merrill Lynch.

Novo Nordisk A/S (NYSE: NVO) was downgraded to Neutral from Buy at Merrill Lynch, noting that pricing worries slow near-term growth views.

Oclaro Inc. (NASDAQ: OCLR) was started with an Outperform rating and assigned a $9 price target (versus a $6.31 close) at Cowen.

PDC Energy Inc. (NASDAQ: PDCE) was downgraded to Market Perform from Outperform with a $58 price target (versus a $55.48 close) at BMO Capital Markets.

Rackspace Hosting Inc. (NYSE: RAX) was reiterated as Outperform but the price target was raised to $32 from $30 (versus a $29.27 close) at Oppenheimer.

RLJ Lodging Trust (NYSE: RLJ) was downgraded to Neutral from Outperform at R.W. Baird.

Royal Bank Scotland Group PLC (NYSE: RBS) was downgraded to Neutral from Outperform at Macquarie.

Nine of Credit Suisse’s Top Picks list have an implied upside of more than 50%.

Friday’s top analyst upgrades and downgrades included FireEye, Occidental Petroleum, SeaWorld, Teva Pharmaceutical, Windstream, Zynga and over a dozen more.