Investing

Top Analyst Upgrades and Downgrades: Avon, Broadcom, CDW, CSX, Goldman Sachs, Starbucks, Twitter, Under Armour, Windstream and More

Goldman Sachs Group Inc. (NYSE: GS) was reiterated as Outperform and the price target was raised to $335 from $304 at Oppenheimer. Keefe Bruyette & Woods took the other side, maintaining its Market Perform rating but lowering its target price to $255 from $260.

Huntsman Corp. (NYSE: HUN) was started as Outperform and assigned a $37 price target (versus a $30.59 close) at RBC Capital Markets. Shares of the chemicals company closed up almost 5% at $30.59 on Tuesday and have a 52-week range of $24.51 to $36.06.

Ingredion Inc. (NASDAQ: INGR) was downgraded to Neutral from Outperform and the price target was cut to $105 from $130 at Credit Suisse. Shares closed down 0.8% at $97.25 on Tuesday and were indicated down almost 1% more at $96.40 on Wednesday morning.

Iron Mountain Inc. (NYSE: IRM) was started as Equal Weight and assigned a $39 price target at Barclays.

MPLX L.P. (NYSE: MPLX) was raised to Buy from Hold with a $38 price target (after closing down 0.5% at $33.60) at Jefferies. MPLX has a yield-equivalent of 7% or so.

ONEOK Inc. (NYSE: OKE) was downgraded to Hold from Buy at Jefferies.

Starbucks Corp. (NASDAQ: SBUX) was maintained as Equal Weight but the target was cut to $57 from $60 at Barclays. Starbucks closed up 0.6% at $51.28 on Tuesday and was indicated down 0.5% at $51.00 on Wednesday. Starbucks also had a consensus target price of $59.74, and its 52-week range is $47.37 to $61.94.

Sunoco L.P. (NYSE: SUN) was raised to Hold from Underperform at Jefferies.

Twitter Inc. (NYSE: TWTR) was downgraded to Neutral but the price target was raised to $42 from $36 at Macquarie. Twitter’s 52-week range is $15.67 to $47.79, and its consensus target price was $33.69 ahead of the call.

Under Armour Inc. (NYSE: UAA) was maintained as Neutral but the price target was raised to $22 from $18 at Citigroup. Under Armour was indicated up 1.8% at $21.90 on Wednesday, in a 52-week range of $11.40 to $24.69. The consensus target price was listed as $17.00 ahead of this call.

VF Corp. (NYSE: VFC) was started as Outperform and assigned a $102 price target (versus an $88.51 close) at RBC Capital Markets.

Windstream Holdings Inc. (NASDAQ: WIN) was down 3% at $4.22 on Tuesday but shares were indicated down 13% at $3.65 after being downgraded to Sell from Neutral at Citigroup. The previous 52-week range was $4.16 to $20.20.

Tuesday’s top analyst calls included Applied Materials, BioCryst, Costco, Generac, Goodyear, Intel, Microsoft, Netflix and many more.

Sponsored: Find a Qualified Financial Advisor:

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.