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.

• Phillip Securities downgraded the rating for PayPal Holdings, Inc. (NASDAQ:PYPL) from Buy to Accumulate but raised the price target from $80 to $90. PayPal shares closed at $79.30 on Thursday. See how other analysts view this stock.
• HSBC analyst Meredith Jensen downgraded the rating for Hyatt Hotels Corporation (NYSE:H) from Buy to Hold and announced a $156 price target. Hyatt shares closed at $145.45 on Thursday. See how other analysts view this stock.
• TD Cowen analyst Gautam Khanna downgraded Huntington Ingalls Industries, Inc. (NYSE:HII) from Buy to Hold and announced a $180 price target. Huntington Ingalls shares closed at $184.96 on Thursday. See how other analysts view this stock.
• JP Morgan analyst Andrea Teixeira downgraded the rating for The Estée Lauder Companies Inc. (NYSE:EL) from Overweight to Neutral and lowered the price target from $113 to $74. Estee Lauder shares closed at $68.94 on Thursday. See how other analysts view this stock.
• Baird analyst Joel Beatty downgraded argenx SE (NASDAQ:ARGX) from Outperform to Neutral but raised the price target from $515 to $650. argenx shares closed at $586.30 on Thursday. See how other analysts view this stock.

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