Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

• Stifel analyst Jonathan Block initiated coverage on ResMed Inc. (NYSE:RMD) with a Hold rating and announced a price target of $250. ResMed shares closed at $242.51 on Thursday. See how other analysts view this stock.
• BMO Capital analyst Tristan Thomas-Martin initiated coverage on AutoZone, Inc. (NYSE:AZO) with an Outperform rating and announced a price target of $3,700. AutoZone shares closed at $3,340.48 on Thursday. See how other analysts view this stock.
• Goldman Sachs analyst Patty Kanada initiated coverage on e.l.f. Beauty, Inc. (NYSE:ELF) with a Buy rating and announced a price target of $165. e.l.f. Beauty shares closed at $131.51 on Thursday. See how other analysts view this stock.
• HSBC analyst Lilyanna Yang initiated coverage on The AES Corporation (NYSE:AES) with a Buy rating and announced a price target of $17. AES shares closed at $13.52 on Thursday. See how other analysts view this stock.
• Jefferies analyst Bret Jordan initiated coverage on Group 1 Automotive, Inc. (NYSE:GPI) with a Buy rating and announced a price target of $500. Group 1 Automotive shares closed at $425.00 on Thursday. See how other analysts view this stock.

Considering buying AZO stock? Here's what analysts think:

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