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Actionable news in OCLR: Oclaro, Inc.,

Top Analyst Upgrades and Downgrades: Caterpillar, Comcast, Fitbit, Groupon, Mattel, Take-Two, Time Warner, Zynga and More

Allstate Corp. (NYSE: ALL) was downgraded to Hold from Buy with a $96 price target (versus $91.00 close) at Deutsche Bank.

AMC Entertainment Holdings, Inc. (NYSE: AMC) saw its shares fall almost 27% to $15.20 on Wednesday after confirming the weak earnings and outlook that investors had already been warned about by research calls. AMC took another downgrade on Thursday from Benchmark, cutting the rating to Hold from Buy.

American Tower Corp. (NYSE: AMT) was reiterated as Buy and the price target was raised to $150 from $140 at Argus. The firm noted solid organic growth.

Corvus Pharmaceuticals, Inc. (NASDAQ: CRVS) was started as Outperform with a $26 price target (versus $11.97 close) at Wedbush. The firm believes that believe Corvus’ strategy of focusing on the majority of patients who do not initially derive clinical benefit from current immune checkpoint approaches will pay off as clinical data matures; and it noted that its CPI-444 has demonstrated meaningful anti-tumor activity as monotherapy, as well as in combination in a number of cancer types.

Electro Scientific...