These are this Wednesday’s top analyst upgrades, downgrades and initiations.
Agrium Inc. (NYSE: AGU) was downgraded to Sell from Neutral with a $95 price target (versus a $105.14 close) at Citigroup.
Altera Corp. (NASDAQ: ALTR) was downgraded to Neutral from Overweight with a $42 price target (versus a $43.24 close) at Piper Jaffray.
Anadarko Petroleum Corp. (NYSE: APC) was started as Buy with a $104 price target (versus a $92.56 close) at Nomura.
Amazon.com Inc. (NASDAQ: AMZN) was raised to Buy from Neutral at a firm called Monness Crespi Hardt.
Apache Corp. (NYSE: APA) was started as Reduce with a price target of $63 (versus a $68.37 close) at Nomura.
Chipotle Mexican Grill Inc. (NYSE: CMG) was downgraded to Market Perform from Outperform at Raymond James. Sterne Agee reiterated its Buy rating and $766 price target. Credit Suisse maintained its Outperform rating but lowered its target price to $770 from $785.
Grupo Aval Acciones Y Valores S.A. (NYSE: AVAL) was raised to Buy from Neutral at Goldman Sachs.
ALSO READ: 8 Analyst Stocks Under $10 With Massive Upside Calls
Halliburton Co. (NYSE: HAL) was reiterated as Outperform and the price target was raised to $56 from $48 (versus a $47.05 close) at RBC Capital Markets.
Lam Research Corp. (NASDAQ: LRCX) was maintained as Sector Perform and the price target was lowered to $76 from $82 (versus a $77.84 close) at RBC Capital Markets.
Marathon Oil Corp. (NYSE: MRO) was started as Buy with a $36 price target at Nomura.
Masco Corp. (NYSE: MAS) was raised to Outperform from Market Perform and the price target was raised to $35 from $28 (versus a $26.35 close) at FBR Capital Markets.
MGIC Investment Corp. (NYSE: MTG) was reiterated as Market Perform but the price target was raised to $11 from $9 (versus a $10.47 close) at FBR Capital Markets.
Nokia Corp. (NYSE: NOK) was raised to Overweight from Equal Weight at Barclays. Just this week we noted how reception to the Alcatel-Lucent buyout is starting to dry up.
ALSO READ: 4 Biotech Stocks With 50% to 100% Upside Targets
Packaging Corp. of America (NYSE: PKG) was raised to Buy from Hold but the price target was cut to $80 from $86 (versus a $69.02 close) at Deutsche Bank.
Regions Financial Corp. (NYSE: RF) was downgraded to Sector Perform from Outperform with a $11 price target (versus a $9.58 close) at RBC Capital Markets.
RSP Permian Inc. (NYSE: RSPP) was started as Buy with a $34 price target (versus a $28.24 close) at Wunderlich.
SAP A.G. (NYSE: SAP) was raised to Buy from Neutral at Bank of America Merrill Lynch.
Tempur Sealy International Inc. (NYSE: TPX) was started as Outperform with a price target of $70 (versus a $57.88 close) at Wedbush.
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) was reiterated as Buy at Argus, but the price target was raised to $75 from $64 (versus a $64.16 close) based on better returns down the road from M&A activity.
ALSO READ: Why Hasbro Is a Buy, and Mattel Is a Sell
Yum! Brands Inc. (NYSE: YUM) was reiterated Buy and with a $95 target at Janney Capital Markets.
In case you missed out on Tuesday’s top analyst upgrades and downgrades, they were in shares of GE, IBM, Bristol-Myers Squibb, Encana, Halliburton, Rio Tinto, WhiteWave Foods and a dozen more companies.
Top Gaining Stocks
Top Losing Stocks