Top Analyst Upgrades and Downgrades: Air Products, Akamai, Alibaba, BlackBerry, Consolidated Edison, InvenSense, Under Armour and More
Dick’s Sporting Goods Inc. (NYSE: DKS) was started as Positive with a $65 price target (versus a $54.60 close) at Susquehanna.
Energy Focus Inc. (NASDAQ: EFOI) was downgraded to Hold from Buy at Benchmark.
Foot Locker Inc. (NYSE: FL) was started with a Positive rating and was given a $73 price target (versus a $60.35 close) at Susquehanna. It was also raised to Buy from Neutral with a $75 price target at B. Riley.
Healthways Inc. (NASDAQ: HWAY) was raised to Outperform from Perform with a $27 price target (versus a $22.58 close) at Oppenheimer. The firm said that Healthways is now leaner and more focused on senior health offerings.
INC Research Holdings Inc. (NASDAQ: INCR) was already rated as Buy but was add to the Conviction Buy list with a $62 price target at Goldman Sachs.
ONEOK Partners L.P. (NYSE: OKS) was raised to Neutral from Underperform at Robert W. Baird.
Steven Madden Ltd. (NASDAQ: SHOO) was started as Positive with a $42 price target (versus a $35.27 close) at Susquehanna.
Summit Midstream Partners L.P. (NYSE: SMLP) was raised to Outperform from Neutral at Robert W. Baird.
SunPower Corp. (NASDAQ: SPWR) was downgraded to Equal Weight from Overweight and the price target was slashed to $12 from $27 (versus a $10.63 close) at Morgan Stanley. This is just one more follow-on downgrade after many others this week.
Tesaro Inc. (NASDAQ: TSRO) was started as Outperform with a $122 price target (versus a $93.40 close) at RBC Capital Markets.
Total System Services Inc. (NYSE: TSS) was raised to Outperform from Neutral at Robert W. Baird.
Thursday’s top analyst calls were in American Eagle Outfitters, Lam Research, Shake Shack, SunPower, Union Pacific and over a dozen more.