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Top Analyst Upgrades and Downgrades: Allegiant Travel, Align Technology, Chipotle, Hess, Las Vegas Sands, Nasdaq, Superior Energy and More

Other key analysts upgrades and downgrades were seen in the following.

CONMED Corp. (NASDAQ: CNMD) saw its price target raised to $73 from $71 at Needham. The Wall Street consensus price target is $62.50. The 52-week trading range for the shares is $43.88 to $64.99. The stock closed Wednesday at $63.11.

Covenant Transportation Group Inc. (NASDAQ: CVTI) was raised to Buy from Hold at Stifel, which also raised its price target to $35. That compares with the Wall Street consensus target of $35.75. The 52-week trading range is $15.86 to $33.36. The shares closed Wednesday at $28.46.

Dova Pharmaceuticals Inc. (NASDAQ: DOVA) was started with a Buy rating at Ladenburg Thalmann with a massive $65 price target, which compares to the Wall Street consensus target of $36. The 52-week trading range is $16.98 to $37. The stock closed Wednesday at $24.51 but traded up almost 5% in the premarket.

Echo Global Logistics Inc. (NASDAQ: ECHO) saw its price target raised to $35 from $34 at Cowen after the company posted strong quarterly results. The price target compares with the consensus target of $33. The 52-week trading range is $13 to $32.95. The stock closed trading on Wednesday at $27.90.

Federated Investors Inc. (NYSE: FII) was resumed with a Sell rating at Citigroup. The 52-week trading range for the investment giant is $25.24 to $36.76. The consensus price target is $33.13. The stock closed trading Wednesday at $31.

Flushing Financial Corp. (NASDAQ: FFIC) was raised to Buy for Hold at Gabelli. The 52-week trading range for the stock is $24.59 to $31.45, and the consensus price target is $31.00. The shares closed Wednesday at $26, down over 6% on the day.

Forward Air Corp. (NASDAQ: FWRD) was raised to Buy from Hold at Stifel. The 52-week trading range is $49.23 to $64.80. The consensus price target is set at $63. The shares closed trading on Wednesday at $52.71.

Merit Medical Systems Inc. (NASDAQ: MMSI) saw its target price raised to $54 from $53 at Needham. That compares with the consensus target of $53. The 52-week trading range is $31.10 to $49.50. The shares closed Wednesday at $45.05.

Pegasystems Inc. (NASDAQ: PEGA) was started with a Buy rating at D.A. Davison. The 52-week trading range is $45.25 to $64.85. The consensus price objective is set at $66.60. The shares closed Wednesday at $60.60.

RPC Inc. (NYSE: RES) saw its price target lowered to $17 from $19 at Cowen. The 52-week trading range is $16.60 to $27.07. The consensus price target is posted at $22.48. The shares ended trading on Wednesday at $17.93, down almost 5% on the day.

In case you missed it, here are Wednesday’s top analyst upgrades and downgrades. They included Biogen, Broadcom, Caterpillar, Cree, GrubHub, Intel, 3M, Metlife, Verizon and more.