Investing

Top Analyst Upgrades and Downgrades: Alphabet, Amarin, Apple, AutoNation, BlackRock, E*Trade, Etsy, Kellogg, PG&E and More

American Homes 4 Rent (NYSE: AMH) was downgraded to Neutral from Buy and the price target was lowered to $22 from $24 at Mizuho.

Apollo Global Management LLC (NYSE: APO) was downgraded to Equal Weight from Overweight at Morgan Stanley.

Aramark Corp. (NYSE: ARMK) was raised to Outperform from Neutral at Robert W. Baird.

AxoGen Inc. (NASDAQ: AXGN) was started with a Neutral rating at BTIG.

Bluebird Bio Inc. (NASDAQ: BLUE) was raised to Outperform from Market Perform with a $155 price target at Bernstein.

Carlyle Group L.P. (NASDAQ: CG) was downgraded to Equal Weight from Overweight at Morgan Stanley.

CEMEX SAB de C.V. (NYSE: CX) was raised to Neutral from Sell with a $6 price target (versus a $4.97 prior close) at UBS.

Charles Schwab Corp. (NYSE: SCHW) was maintained as Overweight and the price target was lowered to $60 from $66 at Morgan Stanley.

Chubb Ltd. (NYSE: CB) was maintained as Overweight but the target was lowered to $153 from $166 at Morgan Stanley. Shares closed at $127.57 and have a consensus target price of $153.40.

Conagra Brands Inc. (NYSE: CAG) was downgraded to Underperform from Market Perform at Bernstein.

DexCom Inc. (NASDAQ: DXCM) was downgraded to Underperform from Neutral at CIBC.

Edison International Inc. (NYSE: EIX) was downgraded to Sell From Hold by Edward Jones.

Sangamo Therapeutics Inc. (NASDAQ: SGMO) was downgraded to Neutral from Overweight at JPMorgan.

Tapestry Inc. (NYSE: TPR), the newer name for the merged Coach and Kate Spade, was raised to Overweight from Neutral at Atlantic Equities.

TD Ameritrade Holding Corp. (NASDAQ: AMTD) was raised to Overweight from Equal Weight at Morgan Stanley.

Telecom Italia SpA (NYSE: TI) was downgraded to Equal Weight from Overweight at Morgan Stanley.

Tenneco Inc. (NYSE: TEN) was downgraded to Underweight from Equal Weight at Morgan Stanley. It was indicated down 3.9% at $32.30 on Wednesday after the call, with a prior consensus target price of $43.71.

Tuesday’s top analyst calls included Best Buy, Chesapeake Energy, Comcast, Cree, EverQuote, KeyCorp, Lumentum, Nvidia, Vodafone, Xilinx and many more.