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Top Analyst Upgrades and Downgrades: AMD, Amazon, Apple, Bed Bath & Beyond, Citigroup, Mastercard, Paypal, Square, Visa and More

Cigna Corp. (NYSE: CI) was started as Overweight and assigned a target price of $245 (versus a $202.43 close) at Cantor Fitzgerald.

Citigroup Inc. (NYSE: C) was reiterated as Buy and the price target was raised to $82 from $76 at Deutsche Bank. Shares closed down 1.4% at $72.45 on Wednesday, with a consensus target price of $83.80.

Constellation Brands Inc. (NYSE: STZ) was maintained as Overweight but the target price was cut to $250 from $260 (versus a $213.76 close) at JPMorgan. Morgan Stanley maintained it as Overweight and cut its price target to $251 from $258.

Euronav N.V. (NYSE: EURN) was started as Buy and assigned a $12 price target at BTIG. The stock was down 2.7% at $8.60 on Wednesday, in a 52-week range of $7.50 to $10.10.

Kroger Co. (NYSE: KR) was maintained as Equal Weight but the target price was cut to $27 from $28 (versus a $29.39 close) at Morgan Stanley.

Mastercard Inc. (NYSE: MA) was started as Outperform and assigned a $238 price target (versus a $222.26 close) at BMO Capital Markets. The consensus target price is almost $231.

Nordic American Tanker Ltd. (NYSE: NAT) was started as Neutral at BTIG.

Salesforce.com Inc. (NYSE: CRM) was reiterated as Buy and the price target was raised to $189 from $172 (versus a $158.33 close) at Jefferies. Salesforce’s consensus target price is now closer to $167.

Scorpio Tankers Inc. (NYSE: STNG) was started as Buy and assigned a $3 price target at BTIG. Shares closed down 7% at $1.95 on Wednesday and were indicated up 4% at $2.03 on Thursday. The consensus analyst target was $4.05 ahead of this call.

PayPal Holdings Inc. (NASDAQ: PYPL) was started as Outperform and assigned a $112 price target (versus an $89.85 close) at BMO Capital Markets.

Square Inc. (NYSE: SQ) was started as Market Perform and assigned a $96 price target (versus a $94.65) at BMO Capital Markets. Square had a consensus target price of $75.19.

United Parcel Service Inc. (NYSE: UPS) was started as Sector Weight at KeyBanc Capital Markets.

Visa Inc. (NYSE: V) was started as Outperform and assigned a $187 price target (versus a $149.27 close) at BMO Capital Markets. The consensus target price was $160.39.

Worldpay Inc. (NYSE: WP) was started as Outperform and assigned a $129 price target (versus a $99.43 close) at BMO Capital Markets.

Xilinx Inc. (NASDAQ: XLNX) was started with a Buy rating and assigned a $100 price target (versus a $78.31) at Needham.

Canaccord Genuity sees beverages being the top play in cannabis.

Wednesday’s top analyst calls were in Cheniere Energy, Comcast, ConcoPhillips, DowDuPont, Ford, JPMorgan, Nike, Schlumberger, Seagate Technology and many more.