These are this Friday’s top analyst upgrades, downgrades and initiations.
Abercrombie & Fitch Co. (NYSE: ANF) was downgraded to Underperform from Neutral at Credit Suisse.
Dr Pepper Snapple Group Inc. (NYSE: DPS) had competing calls. It was downgraded to Hold from Buy at Gabelli but raised to Market Perform from Underperform at Wells Fargo.
Gap Inc. (NYSE: GPS) was downgraded to Underperform from Neutral at Credit Suisse.
Gold Fields Ltd. (NYSE: GFI) was downgraded to Underweight from Neutral at HSBC.
ALSO READ: Global Gold Trend Surprise
Northeast Utilities (NYSE: NU) was downgraded to Neutral from Outperform at Credit Suisse.
Rio Tinto PLC (NYSE: RIO) was downgraded to Neutral from Outperform at Credit Suisse.
Spirit Airlines Inc. (NASDAQ: SAVE) was started as Outperform with a $100 price target (versus a $80.12 close) at Credit Suisse.
Sun Life Financial Inc. (NYSE: SLF) was downgraded to Market Perform from Outperform at BMO Capital Markets.
ALSO READ: Cowen Top Alternative Energy Stocks to Buy
Tractor Supply Co. (NASDAQ: TSCO) was raised to Buy from Hold with target of $96 (versus a $83.27 close) at Argus.
Tesoro Corp. (NYSE: TSO) was down over 6% to $81.42 on Thursday after earnings. The stock was removed from the Conviction Buy List at Goldman Sachs and was downgraded to Neutral by the firm, and the price target was cut to $91 from $96. Tesoro was also downgraded to Sector Perform from a prior Outperform rating at RBC Capital Markets.
Total S.A. (NYSE: TOT) was downgraded to Neutral from Buy at UBS.
Valero Energy Corp. (NYSE: VLO) was raised to the prized Conviction Buy List from Neutral at Goldman Sachs.
Waste Management Inc. (NYSE: WM) was downgraded to Hold from Buy at Stifel.
ALSO READ: How GE Just Became More Activist Investor Friendly
Zoetis Inc. (NYSE: ZTS) was downgraded to Neutral from Overweight with a $48 price target (versus a $45.79 close) at J.P. Morgan.
Zynga Inc. (NASDAQ: ZNGA) was down over 14% at $2.28 after its earnings report came with a wider loss forecast. The game maker saw its price target cut to $2.50 from $4 at Canaccord Genuity. Benchmark also reportedly cut its target to $2.35.
In case you missed Thursday’s top analyst upgrades and downgrades, they were in Ally Financial, Baidu, NetApp, Tesla Motors, Zuliliy and over a dozen more stocks.
Top Gaining Stocks
Top Losing Stocks