Investing

Top Analyst Upgrades and Downgrades: Caterpillar, Chesapeake Energy, Exxon, Snap, Symantec, Whole Foods, Yelp and More

Abercrombie & Fitch Co. (NYSE: ANF) Was downgraded to Sell from Hold with a $12 price target at Wunderlich.

Acacia Communications Inc. (NASDAQ: ACAC) was downgraded to Equal Weight from Overweight at Morgan Stanley.

Albany Molecular Research Inc. (NASDAQ: AMRI) was downgraded to Equal Weight from Overweight at Morgan Stanley.

American Renal Associates Holdings Inc. (NYSE: ARA) was raised to Outperform from Market Perform at Wells Fargo.

Ascendis Pharma A/S (NASDAQ: ASND) was started with an Overweight rating and assigned a $36 price target (versus a $27.64 close) at JPMorgan.

Carlyle Group L.P. (NASDAQ: CG) was raised to Outperform from Neutral at Credit Suisse.

ConocoPhillips (NYSE: COP) was downgraded to Neutral from Buy and the price target was lowered to $67 from $68 (versus a $47.35 close) at Merrill Lynch.

GW Pharmaceuticals PLC (NASDAQ: GWPH) was reiterated as Sell with a $61 price target (versus a $106.01 close) at Janney, with the firm noting that the potential rare pediatric disease voucher does still add value.

Marathon Oil Corp. (NYSE: MRO) was downgraded to Neutral from Buy at Merrill Lynch.

Pegasystems Inc. (NASDAQ: PEGA) was reiterated as Outperform and the price target was raised to $60 from $50 (versus a $47.55 close) at Wedbush.

Priceline Group Inc. (NASDAQ: PCLN) was reiterated as Buy and the price target was raised to $2,100 from $1,950 at Argus.

Synovus Financial Corp. (NYSE: SNV) was raised to Buy from Neutral with a $50 price objective at Merrill Lynch.

Terex Corp. (NYSE: TEX) was downgraded to Underperform from Neutral and the price objective was cut to $28 from $36 at Merrill Lynch.

Vitamin Shoppe Inc. (NYSE: VSI) was raised to Equal Weight from Underweight but the price target was cut to $14 from $22 at Morgan Stanley.

Wendy’s Co. (NASDAQ: WEN) was maintained as Overweight but the target price was raised to $18 from $16 at Stephens. Wedbush maintained a Neutral rating but raised its target price to $16 from $14.

Wesco Aircraft Holdings Inc. (NYSE: WAIR) was reiterated as Underperform and the price objective was lowered to $9 (versus an $8.35 close) at Merrill Lynch.

Wolverine World Wide Inc. (NYSE: WWW) was reiterated as Outperform and the price target was raised to $31 from $30 (versus a $26.04 close) at Wedbush.

Wednesday’s top analyst calls included Alibaba, Electronic Arts, NVIDIA, Occidental Petroleum, SeaWorld, Yelp and many more.

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