Top Analyst Upgrades and Downgrades: Freeport-McMoran, Gilead, FuelCell, Oracle, Take-Two, Tesla, Waste Management and More

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Activision Blizzard Inc. (NASDAQ: ATVI) was started as Equal Weight and assigned a $65 price target (versus a $63.45 close) at Barclays.

Advance Auto Parts Inc. (NYSE: AAP) was downgraded to Market Perform from Strong Buy (versus a $98.98 close) at Raymond James.

ARRIS International PLC (NASDAQ: ARRS) was reiterated as Buy and the price target was raised to $38 from $34 (versus a $28.99 close) at Jefferies.

Capstone Turbine Corp. (NASDAQ: CPST) was raised to Outperform from Perform with a $2 price target (versus a $0.70 close) at Oppenheimer. The shares were up 10% at $0.77 on the call, in a 52-week range of $0.58 to $1.48. More specific details have been added on this call.

Domino’s Pizza Inc. (NYSE: DPZ) was started as Neutral with a $200 price target (versus a $202.81 close) at Credit Suisse.

Electronic Arts Inc. (NASDAQ: EA) was started as Overweight with a $129 price target at Barclays. Shares of EA closed at $117.96 on Tuesday and were up above $118.15 on last look. EA has a consensus analyst target price of $126.43.

FirstCash Inc. (NYSE: FCFS) was started with an Outperform rating and assigned a $73 price target (versus a $63.00 close) at Credit Suisse. The 52-week range is $39.80 to $63.60, and the consensus price target is $65.57.

FMSA Holdings Inc. (NYSE: FMSA) was maintained as Buy with a $5 target price (versus a $4.57 close) at Jefferies, with the call being on the heels of Bloomberg reporting that the company may be acquired by a Belgian miner.

Lennar Corp. (NYSE: LEN) was raised to Buy from Neutral with a $64 price target (versus a $55.35 close) at MKM Partners.

Middlesex Water Co. (NASDAQ: MSEX) was raised to Buy from Neutral with a $44 fair value target (versus a $40.47 close) at Janney. The firm called it undervalued with strong earnings growth expected after big investments were made.

PRA Group Inc. (NASDAQ: PRAA) was downgraded to Sell from Neutral and the fair value estimate was cut to $22 from $27 at Janney.

Republic Services Inc. (NYSE: RSG) was downgraded to Hold from Buy at Stifel.

Sherwin-Williams Co. (NYSE: SHW) was reiterated as Outperform and the price target was raised to $410 from $375 (versus a $374.37 close) at Credit Suisse. Jefferies also reiterated its Buy rating and raised its target price to $400 from $364.

Simply Good Foods Co. (NASDAQ: SMPL) was started with a Buy rating and assigned a $16 target price (versus an $11.80 close) at Goldman Sachs. This is the parent of the Atkins brand.

Texas Capital Bancshares Inc. (NASDAQ: TCBI) was downgraded to Neutral from Outperform with an $87 price target (versus an $86.65 close) at Wedbush Securities, noting that the firm’s price target had been reached.

Union Pacific Corp. (NYSE: UNP) was downgraded to Neutral from Buy with a $120 price target (versus a $114.89 close) at Citigroup on Wednesday, just a day after Morgan Stanley cut its rating to Equal Weight with a $100 price target.

Winnebago Industries Inc. (NYSE: WGO) was downgraded to Hold from Buy at Stifel.

Tuesday’s top analyst upgrades and downgrades included Accenture, Ericsson, General Motors, Phillips 66, United Rentals, Urban Outfitters, Xerox, Yum Brands and many more.

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