Investing

Top Analyst Upgrades and Downgrades: Amazon, Allergan, Borg Warner, Lam Research, Mellanox Technologies, Shake Shack and More

Lee Jackson

2U Inc. (NASDAQ: TWOU) was started with an Outperform rating at Macquarie with a $71 price target. The consensus price target is posted at $72.10. The 52-week trading range is $29.23 to $69.27. The stock closed trading Wednesday at $58.40.

Brown-Forman Inc. (NYSE: BF-B) is raised to Hold from Sell at Societe Generale. The 52-week trading range is $43.72 to $67.98. The consensus price target is $56.86. The stock closed way above that level Wednesday at $65.85, up over 4% on the day.

Cancer Genetics Inc. (NASDAQ: CGIX) was started with a Buy rating at Maxim Group with a $6 price target. That compares with a consensus target of $7.67. The 52-week trading range is $1.30 to $5.30. The stock closed trading on Wednesday at $2.15.

Commercial Metals Inc. (NYSE: CMC) was raised to Buy from Neutral at Merrill Lynch. The 52-week trading range is $17.05 to $24.64. The consensus price target for the stock is $21.06. The shares closed Wednesday at $20.02.

Galectin Therapeutics Inc. (NASDAQ: GALT) saw its target price raised to $10 from $6 at H.C. Wainwright. The 52-week range is $0.87 to $3.68. The consensus price target is $6.33. The shares closed Wednesday at $1.54.

Instructure Inc. (NYSE: INST) was started with an Outperform rating at Macquarie with a $41 price objective. The consensus target is in line at $41.50. The 52-week trading range is $18.80 to $36.60. The stock closed Wednesday at $32.65.

John Wiley & Sons Inc. (NYSE: JW-A) saw its price target raised to $58 from $56 at Stifel. That compares to the consensus target of $61.33. The 52-week trading range $49 to $61. The stock closed Wednesday at $60.55.

Navigators Group Inc. (NASDAQ: NAVG) is raised to Buy from Hold at Sandler O’Neill. The 52-week range is $45.80 to $62.03. The consensus price objective is $53.33. Shareholders will be pleased with the boost as the stock was hit hard Wednesday and closed down over 8% at $46.35.

RPC Inc. (NYSE: RES) was downgraded to In-line from Outperform at Evercore ISI. The 52-week range is $16.63 to $26.45. The consensus price target is $4.97. With the shares closing Wednesday at $23.91, this could be a valuation call.

SYNNEX Corp. (NYSE: SNX) was started with a Buy rating at SunTrust Robinson Humphrey, with a $145 price objective. That compare with the consensus price target of $143.14. The 52-week trading range is $101.48 to $137.80. The stock closed Wednesday at $130.68.

In case you missed it, here are Tuesday’s top analyst upgrades and downgrades. They included Aetna, AIG, Applied Materials, AutoZone, Delphi, First Solar, Toll Brothers and more.