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Top Analyst Upgrades and Downgrades: Autodesk, Bausch Health, Charles Schwab, Darden Restaurants, GE, Home Depot, Kroger, Merit Medical, Starbucks and More

General Electric Co. (NYSE: GE) was resumed in coverage and raised to a Buy rating from Neutral at UBS. The industrial giant has traded in a 52-week range of $6.51 to $11.84. The consensus Wall Street price target is $10.62, and shares closed just above that level on Wednesday at $10.97. The stock was up over 2% in the premarket.

HSBC Holdings PLC (NYSE: HSBC) was raised to Buy from Neutral at Merrill Lynch. The shares have a 52-week range of $35.35 to $44.93. The consensus price target for the bank is $42.64. The stock was last seen trading at $37.16.

Huya Inc. (NYSE: HUYA) was started with a Buy rating and a $24 price target at Needham. The consensus target is $28.43, and the stock closed Wednesday at $18.21, up almost 4% on the day.

Home Depot Inc. (NYSE: HD) was downgraded to Accumulate from Buy at a firm called Gordon Haskett. That compares to a consensus price target of $235.66. The giant retailer was last seen on Wednesday trading at $212, down almost 2% on the day.

Kroger Co. (NYSE: KR) was raised to Outperform from In-Line at Evercore ISI. The grocery giant has traded in a 52-week range of $20.70 to $30.40, and the consensus price target is $27.71. Wednesday’s last trade on came in at $28.02 a share.

Merit Medical Inc. (NASDAQ: MMSI) was downgraded to Underweight from Equal Weight at Wells Fargo. The 52-week trading range is $19.50 to $63.64. The consensus price target is set at $33.29. The shares closed at $30.01 but were down over 4% in premarket action.

Model N Inc. (NASDAQ: MODN) was raised from Neutral to Overweight with a $36 target price at JPMorgan. The consensus target is $33.67. The stock closed at $30.35.

Monolithic Power Systems Inc. (NASDAQ: MPWR) was started with a Buy rating and a $185 price target at Rosenblatt. The consensus target is $168.57, and shares closed at $169.05.

Movado Group Inc. (NYSE: MOV) was named as the Zacks Bear of the Day stock. The firm said that this traditional watchmaker is stuck in a sales rut. Shares last closed at $20.36 and have a consensus price target of $18.00.

Physicians Realty Trust (NYSE: DOC) was raised to Buy from Neutral at Citigroup, which has a $21 price target. The consensus target is $19.28. The stock closed at $18.65.

SeaSpine Holdings Corp. (NASDAQ: SPNE) was downgraded to Underweight from Equal Weight at Wells Fargo. The stock has traded between $10.44 and $18.53 over the past year, and the consensus price target is $21.00. The closing price on Wednesday was $12.00.

Starbucks Corp. (NASDAQ: SBUX) was raised to Overweight from Neutral at JPMorgan. The firm also raised the price target on the coffee retailing giant to $94, which is close to the $94.22 consensus target. The stock closed Wednesday at $86.59, and shares were almost 2% higher in the premarket.

West Pharmaceuticals Services Inc. (NYSE: WST) was downgraded to Underperform from Neutral at Merrill Lynch. The 52-week trading range is $91.75 to $151.10, and the consensus price target is $152.10. The shares ended trading on Wednesday at $146.67.

Wednesday’s top analyst upgrades and downgrades included Adobe, AutoZone, CenturyLink, Cigna, Conn’s, Golar LNG, Revolve, Surmodics, UPS and many more.

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