Investing

Top Analyst Upgrades and Downgrades: Chesapeake Energy, Lululemon, Oracle, US Steel, Disney, YogaWorks and More

Alexion Pharmaceuticals Inc. (NASDAQ: ALXN) was raised to Overweight from Neutral with a $175 price target (versus a $144.08 close) at JPMorgan.

Calumet Specialty Products Partners L.P. (NASDAQ: CLMT) was downgraded to Neutral from Buy but the fair value estimate was raised to $9 from $8.50 (versus an $8.40 close) at Janney. The firm’s largest concern is in the process of being removed with a potential significant reduction of leverage down to a more manageable level.

Finisar Corp. (NASDAQ: FNSR) was maintained as Buy but the price target was cut to $30 from $33 (versus a $23.19 close) at Stifel.

Patterson-UTI Energy Inc. (NASDAQ: PTEN) was raised to Overweight from Neutral with a $24 price target (versus a $15.94 close) at JPMorgan.

ProLogis (NYSE: PLD) was raised to Buy from Hold with a $68 price target (versus a $63.78 close) at SunTrust Robinson Humphrey.

ServiceNow Inc. (NYSE: NOW) was started as Outperform with a $135 target price (versus a $115.49 close) at Credit Suisse.

Southern Company (NYSE: SO) was raised to Buy from Neutral with a $53 price target (versus a $48.26 close) at Mizuho.

Splunk Inc. (NASDAQ: SPLK) was started as Outperform with an $80 target price (versus a $67.40 close) at Credit Suisse.

Symantec Corp. (NASDAQ: SYMC) was started as Outperform with a $36 target price (versus a $29.86 close) at Credit Suisse.

Tableau Software Inc. (NYSE: DATA) was reiterated as Outperform with a target price of $79 (versus a $72.66 close) at Wedbush Securities. The firm called Tableau the most interesting stock in its growth portfolio from a 12-month perspective, even after its shares have risen 70% this year.

Telefonica S.A. (NYSE: TEF) was downgraded to Neutral from Overweight at JPMorgan.

United Rentals Inc. (NYSE: URI) was reiterated as Buy with a $150 price target (versus a $120.56 close) at Jefferies, noting that Hurricane Harvey may have a near-term and longer term boost to its business for repair and rebuilding.

VMware Inc. (NYSE: VMW) started as Outperform with a $130 price target at Credit Suisse. Oppenheimer also reiterated its Outperform rating and raised its price target to $120 from $110 on VMware.

Xoma Corp. (NASDAQ: XOMA) was raised to Outperform with a $19 price target (versus an $11.18 close) at Wedbush. The firm said it drew a line in the sand requiring a deal to validate the new business model of lean operating expenses and licensing revenues and Xoma delivered, and the new target includes potential royalties on gevokizumab and canakinumab for cardiovascular disease sales.

Four contrarian tech stocks could end up as huge winners for investors.

Also, four other stocks should be winners from the recovery and rebuilding efforts after Hurricane Harvey.

Friday’s top analyst included Ambarella, Apple, Campbell Soup, Gap, Kinross Gold, Lululemon Athletica, Palo Alto Networks and many more.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.