Investing

Top Analyst Upgrades and Downgrades: Best Buy, Groupon, Snap, Starbucks, Weatherford, Alphabet, CIT, Match, Wix and Many More

Adobe Systems Inc. (NASDAQ: ADBE) was raised to Buy from Neutral with a $151 price target (versus a $127.70 close) at BTIG.

Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX) was raised to Outperform from Market Perform at Wells Fargo.

Alphabet Inc. (NASDAQ: GOOGL) was maintained as Buy at Nomura, but the price target was cut to $925 from $950 in that call.

Arista Networks Inc. (NYSE: ANET) was raised to Neutral from Sell with a $125 price target (versus a $131.77 close) at Goldman Sachs.

Brookdale Senior Living Inc. (NYSE: BKD) was raised to Buy from Hold with a $16.50 price target at Jefferies.

CIT Group Inc. (NYSE: CIT) was started as Equal Weight and assigned a $45 price target at Morgan Stanley.

Edwards Lifesciences Corp. (NYSE: EW) was raised to Outperform from In-Line with a $110 price target (versus a $95.59 close) at Evercore ISI.

Exact Sciences Corp. (NASDAQ: EXAS) was started as Outperform and assigned a $30 price target (versus a $21.08 close) at Cowen.

Flowserve Corp. (NYSE: FLS) was raised to Outperform from Market Perform with a $53 price target (versus a $45.65 close) at BMO Capital Markets.

HCA Holdings Inc. (NYSE: HCA) was raised to Buy from Neutral with a $98 price target (versus an $86.04 close) at Mizuho.

IAC/InterActiveCorp. (NASDAQ: IACI) was started with a Buy rating and assigned an $89 price target (versus a $72.74 close) at Citigroup.

Illinois Tool Works Inc. (NYSE: ITW) was downgraded to Hold from Buy at Stifel.

KB Home (NYSE: KBH) was downgraded to Market Perform from Outperform at JMP Securities.

Match Group Inc. (NASDAQ: MTCH) was started as Buy and assigned a $22 price target at Citigroup.

Pilgrim’s Pride Corp. (NYSE: PPC) was downgraded to Sector Weight from Overweight at KeyBanc Capital Markets.

PrivateBancorp Inc. (NASDAQ: PVTB) was raised to Outperform from Market Perform with a $63 price target (versus a $55.51 close) at Keefe Bruyette & Woods.

Sierra Wireless Inc. (NASDAQ: SWIR) was downgraded to Market Perform from Outperform at Raymond James.

Sportsman’s Warehouse Holdings Inc. (NASDAQ: SPWH) was downgraded to Neutral from Buy at Goldman Sachs.

TrueCar Inc. (NASDAQ: TRUE) was started as Buy with an $18 price target (versus a $15.24 close) at Citigroup.

Universal Health Services Inc. (NYSE: UHS) was raised to Buy from Neutral with a $138 price target (versus a $121.89 close) at Mizuho.

Wix.com Ltd. (NASDAQ: WIX) was started as Neutral with a $68 price target (versus a $66.65 close) at Citigroup.

World Wrestling Entertainment Inc. (NYSE: WWE) was started with a Buy rating and assigned a $25 target price (versus a $21.95 close) at Citigroup.