Investing

Top Analyst Upgrades and Downgrades: AK Steel, Carnival, Great Plains Energy, National Oilwell Varco, Teradata and More

Align Technology Inc. (NASDAQ: ALGN) was downgraded to Neutral from Outperform with a $96 price target (versus a $93.75 close) at Robert W. Baird.

Coeur Mining Inc. (NYSE: CDE) was raised to Hold from Sell and the price target was raised to $11.00 from $7.50 (versus an $11.83 close) at Deutsche Bank.

Citrix Systems Inc. (NASDAQ: CTXS) was downgraded to Sell from Neutral with an $81 price target (versus an $85.22 close) at UBS.

Coty Inc. (NYSE: COTY) was raised to Buy from Neutral with a $28 price objective (versus a $23.50 close) at Merrill Lynch.

Fortress Biotech Inc. (NASDAQ: FBIO) was started with a Buy rating and given a $9 price target, up just over 200% from the prior $2.97 close, at Roth Capital. The company has a mere $144 million market cap.

FirstCash Inc. (NYSE: FCFS) was raised to Buy from Neutral and the price target was raised to $59 from $52 (versus a $47.08 close) at Janney.

LogMeIn Inc. (NASDAQ: LOGM) was raised to Overweight from Underweight and the price target was raised to $105 from $82 (versus a $90.39 close) at Barclays.

Ocalro Inc. (NASDAQ: OCLR) was started with a Buy rating and was assigned an $11.25 price target (versus an $8.55 close) at Jefferies.

Pan American Silver Corp. (NASDAQ: PAAS) was raised to Buy from Hold and the price target was set at $20 (versus a $17.62 close) at Deutsche Bank.

Rowan Companies PLC (NYSE: RDC) was downgraded to Sell from Hold and the price target was cut to $11 from $16 (versus a $15.16 close) at Societe Generale.

Teck Resources Ltd. (NYSE: TCK) was raised to Hold from Sell and the price target was raised to $20.00 from $11.50 (versus an $18.03 close) at Deutsche Bank.

Washington Trust Bancorp Inc. (NASDAQ: WASH) was downgraded to Market Perform from Outperform with a $41 price target (versus a $40.22 close) at Keefe Bruyette & Woods.

Friday’s top analyst upgrades and downgrades included Coach, Encana, NXP Semiconductors, Sina, Under Armour and over a dozen more.

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.