Investing

Top Analyst Upgrades and Downgrades: BofA, Broadcom, Dominion, Netflix, Pegasystems, 21st Century Fox, Thor, Western Digital and More

Pegasystems Inc. (NASDAQ: PEGA) was reiterated as Outperform with a $73 price target (versus a $61.85 close) at Wedbush Securities. The firm says that Pegasystems is winning new customers and large contracts over major CRM vendors, and that it is really the only CRM major with capabilities in robotic automation.

Quality Realty Trust Inc. (NYSE: QTS) was raised to Buy from Neutral with a $45 price target (versus a $37.09 close) at Goldman Sachs.

Tenaris S.A. (NYSE: TS) was raised to Neutral from Sell at UBS. The stock closed down 1.4% at $35.01 on Thursday but was indicated up 1.7% at $35.61 on Friday. The 52-week range is $25.91 to $37.48, and the consensus price target is $35.63.

Thor Industries Inc. (NYSE: THO) was raised to Buy from Hold at Argus, with the independent research firm saying that the pullback has provided a favorable entry point for new investors. Thor closed down 1.7% at $120.74 on Thursday and was indicated up 1.9% at $123.10 on Friday morning, in a 52-week range of $87.96 to $161.48 and with a consensus target price of $164.67.

Twenty-First Century Fox Inc. (NASDAQ: FOXA) was started with a Buy rating and assigned a $43 price target (versus a $37.15 close) at Loop Capital. The 52-week range is $24.81 to $39.14, and the consensus price target is $40.91.

WellCare Health Plans (NYSE: WCG) was raised to Buy from Neutral and the price objective was raised to $240 from $236 (versus a $193.57 close) at Merrill Lynch. WellCare has a 52-week range of $136.23 to $221.75 and a consensus price target of $228.53.

Western Digital Corp. (NASDAQ: WDC) was raised to Outperform from Neutral and the price target was raised to $135 from $95 (versus a $102.23 close) at Robert W. Baird. Western Digital has a 52-week range of $71.38 to $104.60 and a consensus price target of $113.89.

Winnebago Industries Inc. (NYSE: WGO) was raised to Buy from Hold with a $54 price target (versus a $42.95 close) at SunTrust Robinson Humphrey. It has a 52-week range of $24.15 to $58.65, and the consensus price target is $57.86.

RBC Capital Markets has identified four potential technology buyout targets.

Deutsche Bank has five serious airline picks for upside ahead.

Robert W. Baird sees four top American restaurant destinations as attractive for investors’ appetites too.

You might not believe just how much March Madness is capturing in gambling dollars.

Thursday’s top analyst upgrades and downgrades were in shares of AON, Broadcom, Expedia, Exxon Mobil, Match, Mylan, Ocean Rig UDW, Signet, Transocean and many more.