Top Analyst Upgrades and Downgrades: Baidu, Chipotle, First Solar, Honeywell, JPMorgan, Maxar, Nokia, Nvidia, PG&A, SunPower, Xilinx and More

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Monster Beverage Corp. (NASDAQ: MNST) was raised to Buy from Hold and the price target was raised to $65 from $50 at SunTrust Robinson Humphrey.

Moody’s Corp. (NYSE: MCO) was downgraded to Underweight from Equal Weight at Morgan Stanley.

Nordstrom Inc. (NYSE: JWN) was raised to Equal Weight from Underweight at Morgan Stanley.

Nokia Corp. (NYSE: NOK) was raised to Outperform from Market Perform with a $7.50 price target (versus a $6.02 prior close) at Raymond James. Nokia’s 52-week trading range is $4.75 to $6.41.

Nucor Corp. (NYSE: NUE) was raised to Outperform from Neutral at Credit Suisse.

Nvidia Corp. (NASDAQ: NVDA) was maintained as Outperform at Credit Suisse, but the firm lowered earnings estimates for this year and next as it sees the overhang of its excess graphics inventory likely persisting out into the April quarter.

Oasis Petroleum Inc. (NYSE: OAS) was raised to Buy from Hold at Stifel. After rising 2.3% to $6.18 on Monday, its shares were indicated up 4% at $6.45 on Tuesday.

PG&E Corp. (NYSE: PCG) saw its credit rating downgraded to junk-bond status at S&P, and the credit ratings agency warned that additional downgrades could be coming as well.

Steel Dynamics Inc. (NASDAQ: STLD) was raised to Outperform from Neutral at Credit Suisse.

SunPower Corp. (NASDAQ: SPWR) was started as Underweight and assigned a $4 target price (versus a $5.48 close) at Barclays. Shares have a 52-week range of $4.55 to $10.00.

TerraForm Power Inc. (NASDAQ: TERP) was started with an Overweight rating and assigned a $15 target price (versus an $11.25 close) at Barclays.

United States Steel Corp. (NYSE: X) was downgraded to Neutral from Outperform at Credit Suisse.

Voya Financial Inc. (NYSE: VOYA) was raised to Buy from Neutral at Goldman Sachs.

Xilinx Inc. (NASDAQ: XLNX) was reiterated as Buy and the price target was raised to $110 from $85 (versus an $89.76 close) at Argus. The independent research firm continues to see additional gains from the company facilitating the development of artificial intelligence, machine learning and autonomous driving.

Monday’s top analyst calls included Adobe, Altria, Alphabet, Dollar General, Hyatt, PNC,, Snap, Spotify and many more.

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