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Top Analyst Upgrades and Downgrades: Alibaba, Big Lots, Constellation Brands, Deckers Outdoor, Dow, Lennox, Sina, Vale, Zoom Video and More

Ericsson Inc. (NASDAQ: ERIC) was raised to Buy from Neutral at Credit Suisse. The 52-week trading range for the company is $7.16 to $10.46, and the consensus price target is $10.29. The stock closed Thursday at $9.72.

Lennox International Inc. (NYSE: LII) was downgraded to Sell from Neutral at UBS. The analyst noted that the company is trading at a peak multiple on peak growth. The heating and cooling giant has traded in a 52-week range of $177.36 to $282.20, and the consensus price target is $250.36. The stock closed near the 52-week high on Thursday at $276.37.

Lenovo Group Ltd. (NASDAQ: LNVGY) is raised to Buy from Neutral at Goldman Sachs. The analyst cited the company’s fundamentals continuing to improve following the fourth quarter beat, and its valuation is attractive at current share levels. The consensus price target is $15.05, and the shares closed Thursday at $14.99.

Sina Corp. (NASDAQ: SINA) was downgraded to Neutral from Outperform at Macquarie. The stock has traded in a 52-week range of $40.34 to $96.71. The consensus price target is $80.71. The stock closed Thursday at $42.54, down over 10% on the day.

Tricida Inc. (NASDAQ: TCDA) was started with a Buy rating and a $50 price objective at Needham. The consensus target is $54. The stock closed at $37.88 on Thursday.

Vale S.A. (NYSE: VALE) was raised to Buy from Neutral at Merrill Lynch. The 52-week trading range is $10.89 to $16.13, and the consensus price target is $14.49. Thursday closing price was $11.79 a share.

Veeva Systems Inc. (NYSE: VEEV) was downgraded to Equal Weight from Overweight at Morgan Stanley, but the firm actually raised the price target to $144. That compares to a lower consensus target of $130.13. The shares ended trading on Thursday at $140.94.

Vodafone Group PLC (NYSE: VOD) was raised to Buy from Hold at HSBC. The shares have traded in a 52-week range of $15.53 to $26.69, and the consensus price target is $24.80. The stock ended trading at $15.56 on Thursday.

Zoom Video Communications Inc. (NYSE: ZM) was started with a Buy rating at Oppenheimer. The stock had a recent red-hot initial public offering and continues to act outstanding. Since the IPO, the shares have traded between $59.94 and $91.46. The consensus price target is $73.18, and the stock closed Thursday at $78.76.

Thursday’s top analyst upgrades and downgrades included AK Steel, Amgen, Booking, Chubb, Chipotle Mexican Grill, Expedia, Gilead Sciences, Goodyear, Philip Morris, Target, Zscaler and more.