Top Analyst Upgrades and Downgrades: Chevron, Chipotle, Exxon, Goldman Sachs, GoPro, IBM, Merck, Petrobras, UnitedHealth, Visa, Zynga and More
Aaron’s Inc. (NYSE: AAN) was started as Neutral with a $42 fair value estimate (versus a $41.55 close) at Janney.
Athene Holding Ltd. (NYSE: ATH) was started as Buy with a $63 price target (versus a $54.23 close) at Goldman Sachs.
Beacon Roofing Supply Inc. (NASDAQ: BECN) was started as Market Perform with a $58 price target (versus a $52.99 close) at Wells Fargo.
Bristol-Myers Squibb Co. (NYSE: BMY) was reiterated as Buy and the target price was raised to $72 from $55 at Citigroup.
Equinix Inc. (NASDAQ: EQIX) was started with a Neutral rating and assigned a $480 price target (versus a $461.58 close) at UBS.
Generac Holdings Inc. (NYSE: GNRC) was maintained as Hold but the price target was raised to $48 from $41 (versus a $50.49 close) at Stifel.
Harley-Davidson Inc. (NYSE: HOG) managed to close up 2% at $47.52 after earnings were aided by a tax benefit. Stifel reiterated its Hold rating and raised its target price to $49 from $48 after the report.
Immuron Ltd. (NASDAQ: IMRN) was started as Buy with a $15 price target (versus a $5.03 close) at H.C. Wainwright.
Lam Research Corp. (NASDAQ: LRCX) was up 1.5% at $197.50 on Wednesday. It was reiterated as Overweight and the price target was raised to $213 from $176 at Morgan Stanley. The firm B. Riley reiterated its Buy rating and raised its target to $250 from $220. Stifel reiterated its Buy rating and raised its target to $235 from $215.
Lattice Semiconductor Corp. (NASDAQ: LSCC) was raised to Buy from Hold and the price target was raised to $7.00 from $6.50 (versus a $5.50 close) at Jefferies.
Lincoln National Corp. (NYSE: LNC) was started with a Sell rating and assigned a $71 price target (versus a $74.75 close) at Goldman Sachs.
Mastercard Inc. (NYSE: MA) was reiterated as Outperform rating and its price target was raised to $160 from $145 (versus a $145.93 close) at Oppenheimer.
MobileIron Inc. (NASDAQ: MOBL) was downgraded to Market Perform from Outperform at Raymond James.
Rio Tinto PLC (NYSE: RIO) was downgraded to Neutral from Buy at Citigroup. Its American depositary shares were indicated down 1.6% at $48.99 on Wednesday.
SBA Communications Corp. (NASDAQ: SBAC) was started with a Buy rating and given a $175 price target (versus a $148.46 close) at UBS.
Ulta Beauty Inc. (NASDAQ: ULTA) was downgraded to Neutral from Overweight with a $210 price target (versus a $202.28 close) at Piper Jaffray.
Whiting Petroleum Corp. (NYSE: WLL) was reiterated as Underweight but the price target was raised to $4.00 from $3.50 (versus a $5.26 close) at Morgan Stanley.
Tuesday’s top analyst calls were in shares of Biogen, Carbonite, Celgene, Emerson Electric, Kinder Morgan, Netflix, UnitedHealth and many more.