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Top Analyst Upgrades and Downgrades: Apple, BlackBerry, eBay, Fitbit, Lululemon, Nike and More

Acceleron Pharma Inc. (NASDAQ: XLRN) was started as Buy at FBR Capital, and it was started as Neutral at Citigroup.

Alnylam Pharmaceuticals Inc. (NASDAQ: ALNY) was started as Neutral at Janney, and the firm’s $74 price target compares with a $76.67 prior closing price.

Coty Inc. (NYSE: COTY) was raised to Neutral from Sell at B. Riley.

Discovery Communications Inc. (NASDAQ: DISCA) was downgraded to Market Perform from Outperform at Barrington Research.

D.R. Horton Inc. (NYSE: DHI) was started as Outperform at Wells Fargo.

Intellia Therapeutics Inc. (NASDAQ: NTLA) was started as Buy with a $29 price target at Janney. The previous close was $17.02, and shares were indicated up 5% at $17.88 on Thursday.

Ionis Pharmaceuticals Inc. (NASDAQ: IONS) was started as Buy with a $47 price target (versus a $36.20 prior close) at Janney. The firm sees recent concerns being overdone, and the 52-week range is $19.59 to $62.68.

Nike Inc. (NYSE: NKE) was reiterated as Buy with a $65 price target at Jefferies, a day after shares fell 3.8% to $53.25 after weak future orders.

Nimble Storage Inc. (NYSE: NMBL) was raised to Outperform from Market Perform with a $10 price target (versus an $8.11 close) at Wells Fargo.

Owens Corning Inc. (NYSE: OC) was started as Market Perform at Wells Fargo.

Royal Caribbean Cruises Ltd. (NYSE: RCL) was started as Hold with an $81 price target at Deutsche Bank.

Santander Consumer USA Holdings Inc. (NYSE: SC) was reiterated as Buy with a $15 price target (versus a $12.14 close) at Jefferies. The firm noted potentially positive credit developments.

Wednesday’s top analyst upgrades and downgrades were in Abercrombie  & Fitch, Alphabet, Baidu, Dillard’s, Nike, Workday and a many more.

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