
Here are Wednesday’s top analyst upgrades, downgrades and initiations from top research calls from around Wall Street.
Arctic Cat Inc. (NASDAQ: ACAT) was started at a Market Perform rating at Wells Fargo.
Ellington Financial LLC (NYSE: EFC) was started at Hold at MLV & Co. with a $21 price target. The shares closed Tuesday at $20.75.
Halozyme Therapeutics Inc. (NASDAQ: HALO) was started at Buy at MLV & Co. with a $12 price objective.
Monsanto Co. (NYSE: MON) was downgraded to Neutral from Buy at Miller Tabak.
OvaScience Inc. (NASDAQ: OVAS) was raised to Outperform from Perform at Oppenheimer.
Virgin America Inc. (NASDAQ: VA) saw its post-IPO quiet period end, with numerous firms weighing in. Cowen started the stock at Outperform with a $42 target. Deutsche Bank started it at a Buy rating with a $44 target. Merrill Lynch started it at Buy with a $40 target, and Raymond James started it with a Market Perform rating.
If you missed Tuesdays top analysts upgrades, downgrades and initiations, they were in Baker Hughes, Halliburton, Kimberly Clark, Red Hat, Sonus Networks and more.