Investing

Top Analyst Upgrades and Downgrades: AK Steel, Altice USA, Biogen, Caterpillar, Gilead, Oracle and Many More

AdvanSix Inc. (NYSE: ASIX) was started as Outperform and was given a $37 price target (versus a $30.02 prior close) at Cowen.

Amgen Inc. (NASDAQ: AMGN) was started as Hold at Deutsche Bank.

Antares Pharma Inc. (NASDAQ: ATRS) was started as Buy with a $5 price target (versus a $3.01 closing price) at Chardan Capital.

Bed Bath & Beyond Inc. (NASDAQ: BBBY) was last seen down 9.5% at $30.54 after disappointing earnings yet again were the outcome. Bed Bath & Beyond’s prior 52-week and multiyear low was $33.40 seen on the previous day. Jefferies, KeyBanc, Credit Suisse, Wedbush and more all slammed it lower on their target prices.

Belden Inc. (NYSE: BDC) was started with a Buy rating and given a $93 price target (versus a $74.01 close) at Goldman Sachs.

Bioverativ Inc. (NASDAQ: BIVV) was started with a Hold rating at Deutsche Bank.

Casella Waste Systems Inc. (NASDAQ: CWST) was started as Overweight and assigned a $19 price target (versus a $15.70 close) at Barclays.

Clovis Oncology Inc. (NASDAQ: CLVS) was started as Perform at Oppenheimer.

DCT Industrial Trust Inc. (NYSE: DCT) was started as Hold at Jefferies.

Duke Realty Corp. (NYSE: DRE) was downgraded to Neutral from Buy at Merrill Lynch.

EnerNOC Inc. (NASDAQ: ENOC) was downgraded to Neutral from Outperform at Robert W. Baird.

Hain Celestial Group Inc. (NASDAQ: HAIN) was downgraded to Neutral from Overweight at JPMorgan. The shares fell 1.5% to $32.66 on Thursday and were indicated down another 2% at $32.00 on Friday, in a 52-week range of $31.70 to $56.99.

Oclaro Inc. (NASDAQ: OCLR) was started with a Buy rating and given a $14 target price (versus a $9.44 close) at D.A. Davidson.

Prologis Inc. (NYSE: PLD) was raised to Buy from Neutral at Merrill Lynch.

United States Steel Corp. (NYSE: X) was raised to Buy from Hold at Deutsche Bank.

Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) was raised to Buy from Hold by Needham.

Credit Suisse had two key theme calls from Friday. One was that homebuilding and building products continue to look favorable as the upturn remains on track. A second theme was that large cap banks’ 2017 DFAST results showed they all passed their respective stress tests and most have ample room for more capital returns to their shareholders.

Thursday’s top analyst upgrades and downgrades included Abercrombie & Fitch, Aqua Metals, CarMax, Oracle, Southwest Airlines, Valero Energy, Walmart and many more.