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Top Analyst Upgrades and Downgrades: AVEO, Boeing, Canopy Growth, Coty, Kimberly-Clark, Lululemon, Macy's, Sysco, Teladoc and More

L3 Technologies Inc. (NYSE: LLL) was started as Neutral with a $230 price target (versus a $208.11 close) at UBS.

Lockheed Martin Corp.  (NYSE: LMT) was started with a Buy rating and assigned a $400 price target at UBS.

Lululemon Athletica Inc. (NASDAQ: LULU) was raised to Buy from Hold at Argus. Lululemon was down 2.3% at $126.45 on Wednesday, and the stock was indicated up 2.4% at $129.50 on Thursday.

Macy’s Inc. (NYSE: M) closed down almost 16% at $35.15 on Wednesday despite an earnings beat. Morgan Stanley maintained it as Underweight but raised the price target to $27 from $25.

Nanometrics Inc. (NASDAQ: NANO) was downgraded to Neutral from Buy at D.A. Davidson.

Northrop Grumman Corp. (NYSE: NOC) was started as Neutral with a $315 price target at UBS.

Raytheon Co. (NYSE: RTN) was started with a Buy rating and assigned a $250 price target (versus a $194.93 close) at UBS.

Spirit Aerosystems Holdings Inc. (NYSE: SPR) was started with a Buy rating and assigned a $110 price target (versus an $84.57 close) at UBS.

Stryker Corp. (NYSE: SYK) was started with a Buy rating and assigned a $187 price target (versus a $166.78 close) at BTIG.

Sysco Corp. (NYSE: SYY) was reiterated as Buy and the price target was raised to $86 from $67 (versus a $74.89 close) at Argus.

TechnipFMC PLC (NYSE: FTI) was raised to Buy from Hold at Jefferies.

Teladoc Health Inc. (NYSE: TDOC) was started with an Outperform rating and assigned a $90 target price (versus a $70.75 close) at Leerink.

TransDigm Group Inc. (NYSE: TDG) was started with a Buy rating and assigned a $430 price target (versus a $351.43 close) at UBS.

Triumph Group Inc. (NYSE: TGI) was started with a Sell rating and assigned a $19 target price (versus a $21.10 close) at UBS.

Ultrapar Participacoes S.A. (NYSE: UGP) was raised to Buy from Neutral at Goldman Sachs. The stock was down almost 4% to $10.88 on Wednesday but was indicated up 6.6% at $11.60 on Thursday. The 52-week trading range is $10.41 to $26.48, and the consensus target price was closer to $17.20 before this call.

Wesco Aircraft Holdings Inc. (NYSE: WAIR) was started with a Sell rating and assigned an $11 price target at UBS.

Zimmer Biomet Holdings Inc. (NYSE: ZBH) was started with a Neutral rating at BTIG.

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