Investing

Top Analyst Upgrades and Downgrades: Barrick Gold, Buffalo Wild Wings, Caterpillar, Coca-Cola, GrubHub, Nabors Industries, Wynn Resorts and More

Jon C. Ogg

AllianceBernstein Holding L.P. (NYSE: AB) was raised to Buy from Neutral with a $31 price target (versus a $25.75 close) at Citigroup.

Ally Financial Inc. (NYSE: ALLY) was reiterated as Outperform but the price target was raised to $30 from $28 at Credit Suisse, with the firm citing strong earnings and a low tax rate pointing to higher expected earnings.

American Campus Communities Inc. (NYSE: ACC) was raised to Buy from Hold with a $48 price target (versus a $42.31 close) at Argus.

Arconic Inc. (NYSE: ARNC) was reiterated as Buy with a $32 target price (versus a $24.85 close) at Argus.

Concert Pharmaceuticals Inc. (NASDAQ: CNCE) was started as Buy and assigned a $23 price target (versus a $16.42 close) at Mizuho.

Eldorado Gold Corp. (NYSE: EGO) was downgraded to Underperform from Sector Perform at RBC Capital Markets. Shares were down 12.16% at $1.30 on Wednesday and were indicated down up 2.7% at $1.34 on Thursday.

Embraer S.A. (NYSE: ERJ) was raised to Outperform from Neutral at Credit Suisse.

GlaxoSmithKline PLC (NYSE: GSK) was downgraded to Neutral from Buy at Merrill Lynch.

Huntington Bancshares Inc. (NASDAQ: HBAN) was downgraded to Market Perform from Outperform with a $14.50 price target (versus a $13.88 close) at BMO Capital Markets.

Instructure Inc. (NYSE: INST) was started as Market Perform at William Blair.

Lear Corp. (NYSE: LEA) was raised to Outperform from Sector Perform at RBC Capital Markets.

Pacira Pharmaceuticals Inc. (NASDAQ: PCRX) was downgraded to Sell from Neutral at Janney.

Regal Entertainment Corp. (NYSE: RGC) was raised to Outperform from Sector Perform with a $20 price target (versus a $16.41 close) at RBC Capital Markets.

Science Applications International Corp. (NYSE: SAIC) was raised to Outperform from Market Perform at Wells Fargo.

Western Copper and Gold Corp. (NYSE: WRN) was started as Buy with a $2.40 price target (versus a $1.04 close) at Roth Capital.

Whiting Petroleum Corp. (NYSE: WLL) was maintained as Underweight but the price target was cut to $3.60 from $4.00 (versus a $4.87 close) at Morgan Stanley. The stock was up almost 2% on Wednesday and was indicated to be flat on Thursday.

Wednesday’s top analyst calls included AMD, Apple, Biogen, Capital One, Chipotle Mexican Grill, General Motors, 3M and many more.