Investing

Top Analyst Upgrades and Downgrades: Ciena, Comcast, Facebook, Mobileye, Netflix, Nokia and Many More

Automatic Data Processing Inc. (NASDAQ: ADP) was reiterated as Buy and the price target was raised to $118 from $100 (versus a $103.80 close) at Argus.

Anheuser-Busch InBev S.A. N.V. (NYSE: BUD) was started as Overweight at Barclays.

CNH Industrial N.V. (NYSE: CNHI) was raised to Neutral from Underperform at Merrill Lynch. The firm sees upside to $9.50 on peer group P/E multiple and has a hypothetical sum of the parts valuation of $12 to $13 under a breakup scenario. Shares closed at $8.89 but were up 2% at $9.07 on Friday in early indications.

Fortive Corp. (NYSE: FTV) was raised to Outperform from Neutral and the price target was raised to $60 from $54 (versus a $53.67 close) at Credit Suisse. The firm believes that organic recovery and M&A should drive a rerating for Fortive.

Generac Holdings Inc. (NYSE: GNRC) was downgraded to Underperform from Neutral with what was referred to as a downside to $35 (versus a $40.91 close) at Merrill Lynch. The rating is due to its fresh model review causing the firm to lower 2017 and 2018 EBITDA estimates by 9% to 10%.

Kennametal Inc. (NYSE: KMT) was raised to Neutral from Underperform with a $36 price objective (versus a $34.56 close) at Merrill Lynch.

Magnachip Semiconductor Corp. (NYSE: MX) was raised to Buy from Hold with a $10 price target (versus a $6.65 close) at Needham.

Nordic American Tankers Ltd. (NYSE: NAT) was started with a Neutral rating and assigned a $9 price target (versus an $8.66 close) at Credit Suisse. The company does at least have a large dividend yield, but that has been volatile.

Norfolk Southern Corp. (NYSE: NSC) was reiterated as Buy and the price target was raised to $125 (versus a $111.01 close) at Argus.

PACCAR Inc. (NASDAQ: PCAR) was raised to Outperform from Sector Perform with a $75 price target (versus a $66.33 close) at RBC Capital Markets.

Peak Resort Inc. (NASDAQ: SKIS) was reiterated as Buy and the fair value estimate was raised to $7 from $5.50 (versus a $5.55 close) at Janney.

Randgold Resources Ltd. (NASDAQ: GOLD) was raised to Buy from Hold at Berenberg.

Ritchie Bros. Auctioneers Inc. (NYSE: RBA) was downgraded to Underperform from Neutral at Merrill Lynch.

Roper Technologies Inc. (NYSE: ROP) was raised to Overweight from Neutral at JPMorgan.

Tesaro Inc. (NASDAQ: TSRO) was started as Overweight and assigned a $172 target (versus a $146.98 close) at Morgan Stanley.

Tiffany & Co. (NYSE: TIF) was raised to Market Perform from Underperform and the price valuation range was $80 to $82 (versus an $80.55 close) at Wells Fargo.

Tractor Supply Co. (NASDAQ: TSCO) was raised to Outperform from Neutral with an $85 price target (versus a $75.95 close) at Wedbush Securities. The firm sees signs of inflection in key drivers pointing to a better year ahead.

WABCO Holdings Inc. (NYSE: WBC) was downgraded to Market Perform from Outperform with a $115 price target (versus a $106.65 close) at BMO Capital Markets.

Thursday’s top analyst upgrades and downgrades included AK Steel, Merck, Twitter, U.S. Steel, Walt Disney, Xerox and over a dozen more.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.