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Top Analyst Upgrades and Downgrades: Alibaba, Apple, Match, McDonald's Netflix, Synacor, IAC, Check Point, Stratasys and More

Aflac Inc. (NYSE: AFL) was raised to Outperform from Market Perform at Raymond James.

Blue Buffalo Pet Products Inc. (NASDAQ: BUFF) was already rated as Buy but was named to the Top Pick list at Citigroup.

Check Point Software Technologies Ltd. (NASDAQ: CHKP) was raised to Equal Weight from Underweight and the price target was raised to $107 from $87 at Morgan Stanley.

Cummins Inc. (NYSE: CMI) was downgraded to Neutral from Overweight and the price target was cut to $144 from $160 (versus a $147.00 close) at Piper Jaffray.

Fastenal Co. (NASDAQ: FAST) was raised to Buy from Hold with a $54 price target (versus a $45.80 close) at Argus.

IAC/InterActiveCorp (NASDAQ: IACI) was raised to Buy from Hold at Jefferies and the price target was set at $92 (versus a $75.05 close).

OncoMed Pharmaceuticals Inc. (NASDAQ: OMED) was downgraded to Neutral from Buy and the price target was cut to $6 from $16 at Cantor Fitzgerald. This is after shares fell 17% to $4.01 on Monday after a lung cancer drug failed its mid-stage study.

PACCAR Inc. (NASDAQ: PCAR) was downgraded to Neutral from Overweight and the price target was cut to $66 from $72 (versus a $65.34 close) at Piper Jaffray.

Palo Alto Networks Inc. (NYSE: PANW) was downgraded to Sector Perform from Outperform at FBN Securities.

Quotient Ltd. (NASDAQ: QTNT) was started as Buy and given a $22 price target (versus a $6.28 close) at BTIG Research. Quotient was indicated up 11% at $6.95 due to the massive upside price target, but it should be noted that BTIG was the lead manager in a recent capital raise from Quotient.

RMR Group (NYSE: RMR) was started with a Perform rating at Oppenheimer.

Splunk Inc. (NASDAQ: SPLK) was started with a Buy rating and given an $80 target price (versus a $60.14 close) at BTIG Research.

Stratasys Ltd. (NASDAQ: SSYS) was raised to Overweight from Neutral at Piper Jaffray, and the price target was raised to $28 from $21 (versus a $21.30 close).

Tableau Software Inc. (NYSE: DATA) was started as Buy at BTIG Research, and it was given a $65 price target (versus a $51.07 close).

Monday’s top analyst calls included Canadian Solar, Constellation Brands, Eli Lilly, Incyte, McDonald’s, Snap and about a dozen more.