Investing

Top Analyst Upgrades and Downgrades: Citigroup, Oracle, PTC Therapeutics, Starbucks, Tableau Software, Williams-Sonoma and More

Tableau Software Inc. (NASDAQ: DATA) was started with a Neutral rating and a $101 price target at Susquehanna. That compares to the consensus target of $95.90. The shares closed above both levels Tuesday at $104.29.

Williams-Sonoma Inc. (NYSE: WSM) was downgraded to Neutral from Buy at Citigroup. The stock has traded in a 52-week range of $42.68 to $63.60. The consensus price target is $55.10, and shares closed most recently at $63.29, so this was possibly a valuation call on the retailer.

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

Appian Corp. (NASDAQ: APPN) was downgraded to Hold from Buy at SunTrust. The stock has traded in a 52-week range of $16.932 to $43.61. The consensus price objective is set at $27.50, and shares closed Tuesday at $41.88, down almost 5% on the day, but the stock has been on a roll over the past month.

Duke Energy Corp. (NYSE: DUK) was raised to Buy from Neutral at Merrill Lynch. The 52-week trading range for the utility is $71.96 to $91.80. The consensus price target is $82.20, and the stock closed Tuesday at $75.67.

Fitbit Inc. (NYSE: FIT) was resumed in coverage at William Blair with a Market Perform rating. The 52-week trading range is $4.51 to $7.79, and the consensus price target is $6.06. The shares closed Tuesday at $7.19.

Intelsat S.A. (NYSE: I) was raised to Outperform from Sector Perform at RBC Capital Markets. The 52-week trading range is $2.44 to $19.20, and the consensus target is an odd $5.21. The stock closed Tuesday way above that level at $16.06.

Michaels Companies Inc. (NASDAQ: MIK) was added to the Focus List at JPMorgan. The stock has traded in a 52-week range of $17.25 to $27.87, and the consensus price target is posted at $23.31. The shares ended trading on Tuesday at $18.22.

RBC Bearings Inc. (NASDAQ: ROLL) was started with a Hold rating and a $133 price target at SunTrust. The consensus target is set at $143.67. The shares closed most recently at $127.94 apiece.

Vail Resorts Inc. (NYSE: MTN) was started with a Hold rating and a $300 price target at Berenberg. The consensus price target is $257.43, and shares closed trading on Tuesday at $280.82.

Voya Financial Inc. (NYSE: VOYA) was resumed in coverage with a Neutral rating at Goldman Sachs. The stock has traded between $45.61 and $55.27 over the past year. The consensus price objective is set at $59.86.

In case you missed it, Tuesday’s top analyst upgrades and downgrades included Diamondback Energy, Dr Pepper, Fortinet, KB Home, Netflix, Sirius XM and more.