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Top Analyst Upgrades and Downgrades: Amgen, Caterpillar, Dollar General, Duke Energy, GE, Honeywell, 3M, Netflix, Sprint and More

Gardner Denver Corp. (NYSE: GDI) was started as Buy with a $42 price target at UBS.

General Electric Co. (NYSE: GE) was started with a Neutral rating and assigned a $17 price target (versus a $16.17 close) at UBS. GE shares closed down 0.55% at $16.17 on Monday were indicated up almost 0.9% at $16.31 on Tuesday. The troubled conglomerate has a 52-week range of $15.80 to $30.59 and a consensus price target of $20.85.

Honeywell International Inc. (NYSE: HON) was started as Buy with a $182 price target (versus a $158.84 close) at UBS. Honeywell has a 52-week range of $117.12 to $159.85 and a consensus price target of $168.45.

Ingersoll-Rand PLC (NYSE: IR) was started as Buy with a $105 price target at UBS. It was down 1.2% at $89.84 on Monday, in a 52-week range of $77.00 to $96.23 and with a consensus price target of $99.25.

ITT Inc. (NYSE: ITT) was started with a Sell rating with a $55 price target at UBS. After closing at $56.42, ITT has a 52-week range of $36.93 to $56.68 and a consensus price target of $55.64.

Johnson Controls Inc. (NYSE: JCI) was started as Buy with a $50 price target (versus a $39.20 close) at UBS. It has a 52-week range of $34.51 to $44.70 and a consensus price target of $42.77.

Juno Therapeutics Inc. (NASDAQ: JUNO) is being acquired, and Leerink lowered its Outperform rating to Market Perform.

3M Co. (NYSE: MMM) was started with a Neutral rating and assigned a $255 price target (versus a $247.30 close) at UBS. 3M has a 52-week range of $173.55 to $249.00, and its consensus target price is $232.33.

Netflix Inc. (NASDAQ: NFLX) closed up 3.2% at $227.58 ahead of earnings on Monday, and its shares were last seen trading up 11% at $253.10 on Tuesday after blowing out new subscriber additions in the quarter and guiding higher this quarter. Pivotal Research raised its target to $300 from $270 and reiterated its Buy rating, and B. Riley raised its target to $240 from $211 and maintained its Buy rating. Wedbush is maintaining its Underperform rating on Netflix, but it did raise its target to $110 from $93, noting that the company is going to burn its cash funding content acquisition and as international profits may remain elusive over competition.

Rockwell Automation Inc. (NYSE: ROK) was started as Buy with a $240 price target at UBS. Rockwell Automation closed at $203.93 on Monday. It has a 52-week range of $139.72 to $210.72, and it had a consensus price target of $190.12 ahead of this call.

Rowan Companies PLC (NYSE: RDC) was downgraded to Underweight from Equal Weight at Barclays. After closing up 1.76% at $16.20 on Monday, its shares were indicated down 1.3% at $16.00 on Tuesday. Rowan has a 52-week range of $9.02 to $20.25 and a consensus price target of $15.70.

Sprint Corp. (NYSE: S) was downgraded to Underperform from Neutral and the price target was cut to $5.00 from $6.50 at Macquarie. Sprint closed down 2.7% at $5.32 on Monday, and it was indicated down 0.5% more at $5.28 on Tuesday. The 52-week range is $5.24 to $9.65, and the wireless carrier has a consensus price target of $5.88.

W.W. Grainger Inc. (NYSE: GWW) was started as Sell with a $215 price target (versus a $229.86 close) at UBS. It has a 52-week range of $155.00 to $262.71 and a consensus price target of $210.00.

Monday’s top analyst upgrades and downgrades included Apple, BHP Billiton, CBS, Eli Lilly, General Electric, Halliburton, Schlumberger, Verizon and many more.