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Top Analyst Upgrades and Downgrades: Analog Devices, Camping World, Ciena, Deere, RSP Permian, Ulta Beauty, Yum China and Many More

Jon C. Ogg

Bluebird Bio Inc. (NASDAQ: BLUE) was last seen trading up 7% after Maxim Group raised its rating to Buy from Hold with a $100 price target (versus a $79.20 close). Its upcoming ASCO presentation on multiple myeloma was cited.

Coty Inc. (NYSE: COTY) was started as Hold with a $17 price target (versus a $19.32 closing price) at Jefferies.

Evolent Health Inc. (NYSE: EVH) was started as Outperform with a $30 price target (versus a $24.60 closing price) at Robert W. Baird.

GlaxoSmithKline PLC (NYSE: GSK) was reiterated as Buy and the price target was raised to $50 from $46 (versus a $44.29 close) at Argus.

Inter Parfums Inc. (NASDAQ: IPAR) was started as Hold with a $35 target price (versus a $35.25 close) at Jefferies.

Matador Resources Co. (NYSE: MTDR) was started with an Outperform rating and given a $34 target price (versus a $23.45 close) at Credit Suisse.

Phibro Animal Health Corp. (NASDAQ: PAHC) was downgraded to Neutral from Outperform but the price target was raised to $36 from $29 (versus a $36.25 close) at Credit Suisse.

Range Resources Corp. (NYSE: RRC) was maintained as Buy but was removed from the prized Conviction Buy list at Goldman Sachs.

SM Energy Co. (NYSE: SM) was started as Outperform and assigned a $30 target price (versus a $16.83 closing price) at Credit Suisse.

Tech Data Corp. (NASDAQ: TECD) was raised to Neutral from Sell at Citigroup.

Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) was raised to Outperform from Perform with a $150 target price (versus a $127.16 closing price) at Oppenheimer.

Wayfair Inc. (NYSE: W) was raised to Outperform from Perform with an $80 target price (versus a $66.84 closing price) at Oppenheimer.

Workday Inc. (NYSE: WDAY) was downgraded to Neutral from Buy at BTIG. BMO Capital Markets maintained a Market Perform rating but the price target was raised to $105 from $96 (versus a $101.50 close).

WPX Energy Inc. (NYSE: WPX) was started as Outperform and its target price was set at $18 (versus an $11.00 close) at Credit Suisse.

Thursday’s top analyst calls included Analog Devices, BP, First Data, General Electric, Goodyear, Illinois Tool Works, NRG Energy, Palo Alto Networks and over a dozen more.