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Top Analyst Upgrades and Downgrades: Groupon, Merck, News Corp, Disney, Vonage, Western Digital and More

Jon C. Ogg

Allegiant Travel Co. (NASDAQ: ALGT) was downgraded to Market Perform from Outperform at Raymond James.

BOK Financial Corp. (NASDAQ: BOKF) was raised to Neutral from Underperform at Macquarie. Wedbush reiterated its Neutral rating with a $69 price target.

Entergy Corp. (NYSE: ETR) was downgraded to Equal Weight from Overweight with a $68 price target (versus a $72.28 close) at Morgan Stanley.

Hershey Co. (NYSE: HSY) was raised to Buy from Neutral at Citigroup. Shares were indicated up 1% at $97.11 on Thursday.

Logitech International S.A. (NASDAQ: LOGI) was raised to Neutral from Underweight and the price target was lowered to $14 from $18 (versus a $25.22 close) at JPMorgan.

Norwegian Cruise Line Holdings Ltd. (NASDAQ: NCLH) was downgraded to Neutral from Overweight with a $44 price target (versus a $37.97 close) at JPMorgan.

Quintiles IMS Holdings Inc. (NYSE: Q) was downgraded to Neutral from Overweight at Piper Jaffray.

Royal Caribbean Cruises Ltd. (NYSE: RCL) was downgraded to Neutral from Overweight with a $73 price target (versus a $69.90 close) at JPMorgan.

Scripps Networks Interactive Inc. (NYSE: SNI) was downgraded to Underperform from Neutral at Merrill Lynch.

Six Flags Entertainment Corp. (NYSE: SIX) was reiterated as Buy at Janney, but the firm did lower its fair value target to $62 from $64 (versus a $53.89 close). Janney believes the quarter was negatively affected by poor weather and that its business fundamentals are still strong.

Wednesday’s top analyst calls were in Apple, Baker Hughes, Chipotle Mexican Grill, Dollar General, General Motors, Lowe’s, Under Armour and over a dozen more.