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Top Analyst Upgrades and Downgrades: Abercrombie, Arch Coal, Baker Hughes, BioMarin, Gilead, Hasbro, Snap and More

Dr. Reddy’s Laboratories Ltd. (NYSE: RDY) was raised to Outperform from Underperform at CLSA.

FMC Corp. (NYSE: FMC) was raised to Buy from Underperform with a $103 price objective (versus an $84.48 close) at Merrill Lynch.

Huntington Bancshares Inc. (NASDAQ: HBAN) was started as Market Perform with a $15 price target at JMP Securities.

Iridium Communications Inc. (NASDAQ: IRDM) was started with a Buy rating and assigned a $14 price target at Drexel Hamilton.

Momo Inc. (NASDAQ: MOMO) was started with a Buy rating and assigned a $56 price target (versus a $36.06 close) at Goldman Sachs. It was up 4.7% more at $37.78 a share on Thursday.

Mondelez International Inc. (NASDAQ: MDLZ) was maintained as Outperform and the price target was lowered to $46 from $50 at Credit Suisse. The firm’s lower target reflects a lower take-out probability.

Motorola Solutions Inc. (NYSE: MSI) was reiterated as Buy with a $105 price target (versus an $87.66 close) at Jefferies.

Patterson-UTI Energy Inc. (NASDAQ: PTEN) was started with a Buy rating and assigned a $22 price target (versus a $15.80 close) at Societe Generale.

STORE Capital Corp. (NYSE: STOR) was raised to Buy from Neutral with a $27 price target (versus a $25.08 close) at Mizuho.

YY Inc. (NASDAQ: YY) was started with a Buy rating and assigned a $101 price target (versus a $69.52 close) at Goldman Sachs.

KeyBanc Capital Markets started many leisure and entertainment stocks with an Overweight rating: Acushnet Holdings Corp. (NYSE: GOLF), Brunswick Corp. (NYSE: BC), Callaway Golf Co. (NYSE: ELY), Camping World Holdings Inc. (NYSE: CWH), Cedar Fair L.P. (NYSE: FUN), Six Flags Entertainment Corp. (NYSE: SIX) and Vail Resorts Inc. (NYSE: MTN).

Wednesday’s top analyst upgrades and downgrades were in shares of Blackstone, Ciena, Merck, Tempur Sealy, Universal Display and many more companies.