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Top Analyst Upgrades and Downgrades: Apple, Citigroup, Comcast, Cypress Semi, Huya, Six Flags, Tesla, Teva, US Steel, Verizon, Zynga and More

Six Flags Entertainment Corp. (NYSE: SIX) was reiterated as Neutral with a $51 price target (versus a $50.18 close) at Wedbush Securities, but the firm did note that its investor meetings point to multiple paths for upside.

Steel Dynamics Inc. (NASDAQ: STLD) was downgraded to Hold from Buy and the price target was lowered to $30 from $44 (versus a $26.72 close) at Deutsche Bank. It has a 52-week range of $26.42 to $51.69 and a consensus target price of $40.58.

Tesla Inc. (NASDAQ: TSLA) was maintained as Underweight at Barclays, but the firm did lower its price target to $152 from $190 (versus a $189.86 close). Tesla has a 52-week trading range of $185.04 to $387.46 and a consensus target price of $283.32.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) was downgraded to Underperform from Buy in a two-notch downgrade at Merrill Lynch. The firm also slashed its price objective to $9 from $19 in the call. Teva shares closed up 1.9% at $9.70 on Wednesday, in a 52-week range of $8.95 to $25.96. The consensus target price is $18.67.

Toll Brothers Inc. (NYSE: TOL) was downgraded to Market Perform from Outperform at Raymond James.

United States Steel Corp. (NYSE: X) was downgraded to Sell from an already cautious Hold rating at Deutsche Bank. It has a 52-week range of $12.64 to $39.23 and a consensus target price of $19.43.

UroGen Pharma Ltd. (NASDAQ: URGN) was started with a Neutral rating at JPMorgan.

Verizon Communications Inc. (NYSE: VZ) was downgraded to Neutral from Buy at UBS, based on valuation reflecting its own historical levels. The firm did note that Verizon is still well positioned as a defensive stock for a bumpy climate. It has a 52-week range of $47.13 to $61.58 and a consensus target price of $59.64.

ViaSat Inc. (NASDAQ: VSAT) was downgraded to Market Perform from Outperform at Raymond James. It has a 52-week range of $55.93 to $97.31 and a consensus target price of $83.86.

Zynga Inc. (NASDAQ: ZNGA) was raised to Overweight from Equal Weight and the target price was raised to $8.25 from $6.50 at Stephens. It has a 52-week range of $3.32 to $6.31 and a consensus target price of $6.89.

The Bull of the Day at Zacks Investment Research is General Mills Inc. (NYSE: GIS), with the firm noting that sometimes boring is profitable for this Strong Buy rating. The firm’s Bear of the Day call was in Potbelly Corp. (NASDAQ: PBPB), noting that while sandwich shops were all the rave a few years ago, its business seems to have gone stale.

Wednesday’s top analyst calls included Allstate, CalAmp, Chubb, Costco, Esperion Therapeutics, Flex, Hartford Financial Services, Nio, Rockwell Automation, Roku and many more.