AECOM (NYSE: ACM) was raised to Outperform from Neutral at Robert W. Baird.

Aetna Inc. (NYSE: AET) was raised to Overweight from Neutral with a $207 price target (versus a $180.69 close) at Piper Jaffray.

Alliance Data Systems Corp. (NYSE: ADS) was raised to Overweight from Equal Weight with a $310 price target (versus a $255.33 close) at Barclays.

Ambarella Inc. (NASDAQ: AMBA) was raised to Outperform from Perform with a $70 price target (versus a $62.33 close) at Oppenheimer.

Anadarko Petroleum Corp. (NYSE: APC) was downgraded to Neutral from Buy with a $60 price target (versus a $54.77 close) at Citigroup.

Anthem Inc. (NYSE: ANTM) was raised to Overweight from Neutral with a $260 price target (versus a $226.01 close) at Piper Jaffray.

Arena Pharmaceuticals Inc. (NASDAQ: ARNA) was raised to Outperform from Market Perform and the price target was raised to $53 from $19 at Wells Fargo.

Baxter International Inc. (NYSE: BAX) was raised to Outperform from Market Perform at Raymond James.

Callon Petroleum Co. (NYSE: CPE) was downgraded to Neutral from Buy with a $13 price target (versus a $12.50 close) at Citigroup.

Charles Schwab Corp. (NYSE: SCHW) was downgraded to Market Perform from Outperform with a $48 price target (versus a $51.44 close) at JMP Securities.

Dicks Sporting Goods Inc. (NYSE: DKS) was raised to Outperform from Market Perform with a $35 price target (versus a $29.49 close) at Wells Fargo.

E*Trade Financial Corp. (NASDAQ: ETFC) was raised to Overweight from Equal Weight at Morgan Stanley.

Five Below Inc. (FIVE) was raised to Buy from Hold and the price target was raised to $85 from $59 (versus a $69.16 close) at Deutsche Bank.

Fluor Corp. (NYSE: FLR) was raised to Outperform from Neutral at Robert W. Baird.

Harley-Davidson Inc. (NYSE: HOG) was downgraded to Underperform from Neutral with a $43 price target (versus a $52.06 close) at Longbow Research.

HD Supply Holdings Inc. (NYSE: HDS) was downgraded to Sector Perform from Sector Outperform and the price target was cut to $43 from $45 at RBC Capital Markets.

Hill-Rom Holdings Inc. (NYSE: HRC) was raised to Outperform from Market Perform with a $94 price target (versus an $84.64 close) at Raymond James.

Invesco Ltd. (NYSE: IVZ) was downgraded to Equal Weight from Overweight with a $39 price target (versus a $36.35 close) at Morgan Stanley.

Lazard Ltd. (NYSE: LAZ) was raised to Buy from Neutral with a $62 price target (versus a $52.60 close) at Instinet.

Mobile TeleSystems PJSC (NYSE: MBT) was raised to Buy from Neutral at Merrill Lynch.

Stifel Financial Corp. (NYSE: SF) was raised to Buy from Neutral with a $77 price target (versus a $60.25 close) at Instinet.

TJX Companies Inc. (NYSE: TJX) was downgraded to Market Perform from Outperform with a $72 price target (versus a $76.69 close) at Wells Fargo.

Ulta Beauty Inc. (NASDAQ: ULTA) was raised to Outperform from Market Perform with a $275 price target (versus a $229.63 close) at Wells Fargo.

Wayfair Inc. (NYSE: W) was downgraded to Neutral from Buy with an $88 price objective (versus an $81.02 close) at Merrill Lynch.

Get Our Free Investment Newsletter

I have read, and agree to the Terms of Use

We have now seen a list of top fresh ideas for the first quarter of 2018 with picks from Merrill Lynch.

There are also four biotech picks given 100% upside targets coming into 2018.

The number of Tuesday’s top analyst calls was nothing short of massive. The top names were in Abbott Labs, Delphi Technologies, Lululemon Athletica, Netflix, Nordstrom, Sirius XM, Walt Disney and Windstream. There were more than 40 different stocks with upgrades and downgrades in all.