Top Analyst Upgrades and Downgrades: Alcoa, Deere, Ford, GM, McDonald’s, Wells Fargo, BHP Billiton, Rio Tinto and More

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Alarm.com Holdings Inc. (NASDAQ: ALRM) was started with a Buy rating and assigned a $37 price target (versus a $29.62 close) at Maxim Group.

AMC Entertainment Holdings Inc. (NYSE: AMC) was reiterated as Outperform and the price target was raised to $41 from $33 (versus a $32.10 close) at Wedbush Securities, with the firm noting that the Odeon deal provides a global footprint and significant upgrade opportunities.

Arthur J. Gallagher & Co. (NYSE: AJG) was downgraded to Neutral from Buy at Citigroup.

Azure Power Global Ltd.  (NYSE: AZRE) was started as Overweight with a $23 price target (versus a $17.50 close) at Barclays.

Bluebird Bio Inc. (NASDAQ: BLUE) was reiterated as Buy and the price target was raised to $81 from $71 at Janney.

Cerner Corp. (NASDAQ: CERN) was downgraded to Market Perform from Outperform and the price target was cut to $50 from $65 (versus a $49.78 close) at Leerink.

Cracker Barrel Old Country Store Inc. (NASDAQ: CBRL) was raised to Buy from Hold with a $190 target price at Argus.

Fiat Chrysler Automobiles N.V. (NYSE: FCAU) was started as Underperform at Macquarie.

Hawaiian Holdings Inc. (NASDAQ: HA) was reiterated as Buy and the price target was raised to $56 from $51 (versus a $51.35 close) at Argus.

National Grid PLC (NYSE: NGG) was raised to Buy from Hold with a fair value in the mid-$560s and a formal price target of $62 (versus a $57.07 close) at Argus.

Quintiles IMS Holdings Inc. (NYSE: Q) closed down 5% at $76.83 after a management change. It was downgraded to Market Perform from Strong Buy at Raymond James and to Market Perform from Outperform at William Blair.

Regions Financial Corp. (NYSE: RF) was downgraded to Neutral from Positive at Susquehanna.

Seaspan Corp. (NYSE: SSW) was started as Neutral with a $10 fair value estimate (versus an $8.97 close) at Janney.

Travelers Companies Inc. (NYSE: TRV) was raised to Buy from Neutral with a $130 price target at Citigroup.

U.S. Bancorp (NYSE: USB) was downgraded to Neutral from Positive at Susquehanna.

Wendy’s Co. (NASDAQ: WEN) was downgraded to Neutral from Buy at Guggenheim.

Zions Bancorp (NASDAQ: ZION) was downgraded to Neutral from Positive at Susquehanna.

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Wednesday’s top analyst upgrades and downgrades included Arrowhead Pharmaceuticals, Cognizant Technology Solutions, Goldman Sachs, HP, Splunk, UnitedHealth and over a dozen more.