International Speedway Corp. (NASDAQ: ISCA) was downgraded to Underperform from Market Perform at Wells Fargo.
L Brands Inc. (NYSE: LB) was downgraded to Neutral from Buy with a $27 target price (versus a $26.50 close) at Citigroup.
Molson Coors Brewing Co. (NYSE: TAP) was downgraded to Underperform from Buy at Merrill Lynch.
Prevail Therapeutics Inc. (NASDAQ: PRVL) was started with an Outperform rating and assigned a $25 target price (versus a $12.13 close) at Wedbush. The firm noted that few therapeutic approaches in Parkinson’s disease have targeted disease modification, but Prevail’s focus on correcting GBA1 mutations to improve lysosomal dysfunction as one that holds strong scientific rationale with potential in genetically defined populations.
SBA Communications Corp. (NASDAQ: SBAC) was downgraded to Neutral from Buy at Merrill Lynch. Shares closed down 0.5% at $233.97, in a 52-week range of $146.13 to $236.90. The consensus target price is $214.73.
Slack Technologies Inc. (NYSE: WORK) was started as Outperform at William Blair, and Barclays started it at Overweight at.
Spirit Aerosystems Holdings Inc. (NYSE: SPR) was downgraded to Neutral from Outperform at Credit Suisse. The firm lowered its target to $83 from $101 (versus a $75.66 close).
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) was downgraded to Underweight from Equal Weight and its target price was slashed to $6 from $16 at Morgan Stanley. Shares closed up 3.1% at $9.25, in a 52-week range of $7.96 to $25.96. The consensus target price is $14.73.
Tiffany & Co. (NYSE: TIF) was downgraded to Neutral from Buy with a $100 price target (versus a $93.22 close) at Citigroup. Shares closed up 0.6% at $94.66, in a 52-week range of $73.04 to $141.64. The consensus target price is $109.26.
Wageworks Inc. (NYSE: WAGE) was downgraded to Hold from Buy at Stifel.
KeyBanc Capital Markets has downgraded several packaging and supplies companies to Underweight from Sector Weight: International Paper Co. (NYSE: IP) with a $38 target (shares indicated down almost 3% to $41.50); Packing Corp. of America (NYSE: PKG) with a $89 target (shares indicated down over 2% at $97.26); Sealed Air Corp. (NYSE: SEE) with a $39 target (shares down 1.8% at $42.75); and WestRock Co. (NYSE: WRK) with a $39 target price (shares down 3% at $35.85).
Zacks has named Scotts Miracle-Gro Co. (NYSE: SMG) as its Bull of the Day, noting that this well-known maker of lawn and garden supplies also has excellent exposure to the cannabis industry. The Bear of the Day is ADT Inc. (NYSE: ADT), which is being left in the dust by its high-tech competition.
Friday’s top analyst calls included Altria, Charles Schwab, Charter Communications, Comerica, Morgan Stanley, Slack, Snap, Wells Fargo, Zoom Video and many more.