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Top Analyst Upgrades and Downgrades: Adobe, Chevron, Dow, JD.com, Lululemon, 3M, Macy's, Nucor, PNC, RH, RingCentral, WingStop, Zillow and More

Nucor Corp. (NYSE: NUE) was raised to Buy from Neutral at Longbow Research. Shares closed up 2.0% at $57.61, in a 52-week range of $46.10 to $62.31. The consensus price target is $57.85.

O’Reilly Automotive Inc. (NASDAQ: ORLY) was downgraded to Neutral from Buy at Goldman Sachs.

PennyMac Mortgage Investment Trust (NYSE: PMT) was downgraded to Market Perform from Outperform at Keefe Bruyette & Woods.

Plains All American Pipeline L.P. (NYSE: PAA) was started as Neutral with an $18 target price at Goldman Sachs. Shares closed up 1.7% at $17.30, in a 52-week range of $16.77 to $25.27. The consensus price target is $25.21.

PNC Financial Services Group Inc. (NYSE: PNC) was maintained as Outperform with a $155 price target at RBC Capital Markets, but the firm did remove it from the Top Picks list as its price target has more or less been achieved.

Qorvo Inc. (NASDAQ: QRVO) was raised to Buy from Underperform in a two-notch upgrade at Merrill Lynch, and the firm set a $130 price objective. Shares closed up 0.8% at $106.62, in a 52-week range of $54.74 to $107.57. The consensus price target is $95.90.

RGC Resources Inc. (NASDAQ: RGCO) was reiterated as Buy and its target price was raised to $32 from $30 (versus a $29.33 prior close) at Janney.

RH (NYSE: RH) was reiterated as Buy and the price target was raised to $275 from $200 at Guggenheim.

RingCentral Inc. (NYSE: RNG) was reiterated as Buy and the price objective was raised to $198 from $187 at Merrill Lynch.

Skyworks Solutions Inc. (NASDAQ: SWKS) was raised to Buy from Underperform in a two-notch upgrade at Merrill Lynch, and the firm set a $122 price objective.

Steel Dynamics Inc. (NASDAQ: STLD) was raised to Buy from Neutral at Longbow Research. Shares closed up 2.0% at $35.10, in a 52-week range of $25.03 to $39.35. The consensus price target is $34.18.

Tenet Healthcare Corp. (NYSE: THC) was raised to Buy from Neutral with a $53 target price at UBS. Shares closed up 3.7% at $35.53, in a 52-week range of $16.61 to $35.63. The consensus price target is $31.89.

Virgin Galactic Holdings Inc. (NYSE: SPCE) was started with an Overweight rating and a $22 target price at Morgan Stanley.

Wingstop Inc. (NASDAQ: WING) was reiterated as Buy with a $140 target price at Goldman Sachs.

Zillow Group Inc. (NASDAQ: ZG) was started as Neutral with a $46 target price at Citigroup.

Way beyond ten baggers: Here are 10 large-cap stocks that have risen by 1,000% to 4,000% over the past decade.

Friday’s top analyst upgrades and downgrades included Anthem, Ciena, Dollar General, Encana, Lennar, Lululemon Athletica, Sage Therapeutics, Target, Tesla, Trade Desk, Yext and many more.