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Top Analyst Upgrades and Downgrades: Adobe, BofA, Boston Scientific, Facebook, Las Vegas Sands, Merck, Tilray, TJX, Valero and More

Marathon Petroleum Corp. (NYSE: MPC) was reiterated as Buy and the price target was raised to $110 from $100 (versus a $77.79 close) at Citigroup.

Marvell Technology Group Ltd. (NASDAQ: MRVL) was raised to Outperform from Market Perform and the price target was set at $24 at BMO Capital Markets. The stock closed at $18.12 ahead of this call. It has a 52-week range of $17.18 to $25.18 and a consensus target price of $26.87.

Medtronic PLC (NYSE: MDT) was started with an Overweight rating and assigned a $113 price target at Barclays. The stock closed at $93.82 ahead of this call, in a 52-week trading range of $76.41 to $100.15. The consensus analyst target was last seen at $103.90.

Merck & Co. Inc. (NYSE: MRK) was reiterated as Buy and the price target was raised up to $79 from $70 at Citigroup. Merck closed at $69.46 ahead of this call, and it has a 52-week range of $52.83 to $72.89 and a consensus target price of $75.99.

Philip Morris International Inc. (NYSE: PM) was started with an Outperform rating and assigned a $97 price target at Sanford Bernstein. The stock closed at $83.49 ahead of this call. It has a consensus target price of $91.69 and a 52-week trading range of $75.21 to $113.41.

Stryker Corp. (NYSE: SYK) was started with an Overweight rating and assigned a $198 price target (versus a $169.41 close) at Barclays.

Tilray Inc. (NASDAQ: TLRY)) was started with a Buy rating and assigned a $200 price target at Benchmark. Shares closed up over 11% at $165.64 ahead of this call and were up over 5% at $174.50 afterward. Tilray has a 52-week range of $20.10 to $300.00, and the consensus target price is $121.00.

TJX Companies Inc. (NYSE: TJX) was reiterated as Buy and the price target was raised to $125 from $111 (versus a $110.51 close) at Citigroup.

Vanda Pharmaceuticals Inc. (NASDAQ: VNDA) was reiterated as Buy and the price target was raised to $31 from $27 (versus a $21.34 close) at Citigroup.

Valero Energy Corp. (NYSE: VLO) was maintained as Buy and the price target was lowered to $132 from $134 at Citigroup. It closed at $103.79 ahead of this call. The 52-week trading range is $75.84 to $126.98, and the consensus target price is $133.41.

Monday’s top analyst upgrades and downgrades were in Activision Blizzard, Cleveland-Cliffs, Delphi Technologies, Lululemon Athletica, McDonald’s, Walt Disney, Wells Fargo and many more.