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Top Analyst Upgrades and Downgrades: Comerica, Costco, Caesars, GameStop, Goldman Sachs, Plug Power, Replimune, Tyson, Wells Fargo and More

Planet Fitness Inc. (NYSE: PLNT) was downgraded to Market Perform from Outperform at Raymond James

Plug Power Inc. (NASDAQ: PLUG) was started as Overweight with a $7 price target (versus a $4.17 close) at Barclays. The stock was indicated up 2% at $4.25, with a 52-week range of $1.86 to $6.05 and a $6.11 consensus price target.

PPD Inc. (NASDAQ: PPD) was started as Overweight with a $35 target at KeyBanc Capital Markets. Shares closed at $28.59 on Wednesday, in a 52-week range of $10.61 to $33.23 and with a $30.82 consensus price target.

Provention Bio Inc. (NASDAQ: PRVB) was started as Outperform with a $29 target at Oppenheimer, and RBC Capital Markets started it as Outperform with a $25 target price. The stock was down about 3.5% at $14.48 on Wednesday, and it has a 52-week trading range of $4.00 to $22.82.

Qudian Inc. (NYSE: QD) was downgraded to Sell from Neutral at Citigroup.

Replimune Group Inc. (NASDAQ: REPL) was reiterated as Buy and its target was raised to $25 from $24 (versus a $20.19 close) at H.C. Wainwright.

Sally Beauty Holdings Inc. (NYSE: SBH) was raised to Outperform from Perform with a $19 price target (versus a $15.22 close) at Oppenheimer.

SeaWorld Entertainment Inc. (NYSE: SEAS) was raised to Buy from Neutral and the price target was raised to $24 from $9 at Citigroup. Shares closed up 7.4% at $18.57 on Wednesday and had a $17.17 consensus price target.

Smartsheet Inc. (NYSE: SMAR) was reiterated as Buy and its target price was raised to $67 from $60 (versus a $59.08 close) at Needham.

Sprout Social Inc. (NASDAQ: SPR) was reiterated as Overweight and its target price was raised to $33 from $27 (versus a $31.11 close, after a 4.1% gain) at KeyBanc Capital Markets.

Sykes Enterprises Inc. (NASDAQ: SYKE) was raised to Outperform from Neutral with a $40 price target (versus a $28.58 close) at Robert W. Baird.

Tyson Foods Inc. (NYSE: TSN) was raised to Outperform from Market Perform and its target price was raised to $83 from $62 (versus a $60.10 close, after a 3.8% drop) at Bernstein.

Valvoline Inc. (NYSE: VVV) was raised to Buy from Hold at SunTrust Robinson Humphrey, which noted that the company is uniquely positioned to benefit from a surge in road trips over the next several months, as well leveraging its drive-thru quick lube business model.

Wells Fargo & Co. (NYSE: WFC) was raised to Buy from Hold at Deutsche Bank. Wells Fargo closed up 5.2% at $28.83 on Wednesday, with a $31.23 consensus price target. Its 52-week high is $54.75.

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Wednesday’s top analyst upgrades and downgrades included Apache, Apple, CME, Devon Energy, Diamondback Energy, Gilead Sciences, Hexo, MarketAxess, Microchip Technology, Zoom Video Communications and more.