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Top Analyst Upgrades and Downgrades: Agilent, Alphabet, Amazon, Apple, Citigroup, Facebook, JPMorgan, Mattel, Netflix and More

Illumina Inc. (NASDAQ: ILMN) was maintained as Underweight but the price target was raised to $170 from $157 at Morgan Stanley.

JPMorgan Chase & Co. (NYSE: JPM) was started as Hold with a $111 price target (versus a $112.51 close) at HSBC.

Keane Group Inc. (NYSE: FRAC) was maintained as Overweight but the price target was cut to $23 from $24 at Morgan Stanley.

Kinross Gold Corp. (NYSE: KGC) was reiterated as Hold but the target price was raised to $4.20 from $4.00 (versus a $3.67 close) at Deutsche Bank.

Mattel Inc. (NASDAQ: MAT) was raised to Hold from Underperform and the price target was raised to $13 from $12 (versus a $13.52 close) at Jefferies. Mattel had a consensus target price of $15.08.

Netflix Inc. (NASDAQ: NFLX) was started as Buy with a $350 price target at Monnes Crespi Hardt. Cowen raised its price target to $325 from $275.

Palo Alto Networks Inc. (NYSE: PANW) was reiterated as Overweight and the price target was raised to $224 from $205 (versus a $186.82 close) at Morgan Stanley.

Salesforce.com Inc. (NYSE: CRM) was started as Buy and with a $152 price target at Monnes Crespi Hardt.

Simply Good Foods Co. (NASDAQ: SMPL) was maintained as Buy but the price target was cut to $15 from $16 at Deutsche Bank. SunTrust Robinson Humphrey cut its target to $16 from $17.

Snap Inc. (NYSE: SNAP) was started as Neutral at Monnes Crespi Hardt. Shares closed up 2.3% at $14.48 on Tuesday but were indicated down 0.4% at $14.43 on Wednesday.

Synaptics Inc. (NASDAQ: SYNA) was raised to Buy from Neutral at Mizuho.

Tenaris S.A. (NYSE: TS) was raised to Buy from Neutral at Citigroup.

Tupperware Brands Corp. (NYSE: TUP) was maintained as Equal Weight and the price target was cut to $47 from $60 (after an 11.5% drop to $41.74) at Morgan Stanley.

Varonis Systems Inc. (NASDAQ: VRNS) was reiterated as Buy and the price target was raised to $70 from $60 (versus a $62.25 close) at Stifel.

Bitcoin has been dealt two ghastly analyst calls. Barclays said that bitcoin is an infectious disease, sucking in three types of investors: susceptible, infected and immune. And it sees the speculative froth phase and maybe peak prices have been seen. Merrill Lynch also called the bitcoin and cryptocurrency bubble as having popped.

RBC Capital Markets issued a lower target for the S&P 500 and downgraded its technology weighting. At the same time, RBC has shown some top MLP picks for upside in the second quarter with solid yields to boot.

Stifel sees three hot software stocks as takeover targets.

Merrill Lynch sees top oil as the safe spot now.

Even the cautious analyst reports on Zscaler see it having major growth and being a new cybersecurity disruptor.

Tuesday’s top analyst calls were in shares of Alphabet, Cognex, Facebook, Monsanto, Netflix, Nvidia, Tesla, Ulta Beauty, Zscaler and many more.