On Thursday morning, there were several big-name analyst moves that were announced. Below are the most important analyst moves for mutual fund investors.

Wells Fargo Starts Coverage on Alcoa

Wells Fargo has initiated coverage on Alcoa (AA) with an “Outperform” rating as mid and downstream operations are expected to drive growth.

Alcoa is up 63% YTD.

Mutual Funds to Watch

For investors seeking exposure to Alcoa, a mutual fund could be a good alternative to investing directly in the stock. Below are the three mutual funds that currently have the largest stakes in AA.

Procter & Gamble Upgraded at Credit Suisse

Procter & Gamble has been upgraded from “Neutral” to “Outperform” at Credit Suisse. The firm has also boosted estimates on the company due to its improving operating efficiency. Analysts currently have a $105 price target on PG, suggesting a 27% upside.

Mutual Funds to Watch

For investors seeking exposure to PG, a mutual fund investment could be a good alternative. Below are three mutual funds that have the largest stakes in PG.

Oppenheimer Raises Price Target on FedEx

Oppenheimer has boosted its estimates on FedEx through 2016. The firm has also raised the company’s price target to $200, suggesting an 11% upside. Analysts expect the company to benefit from lower fuel prices.

Below are three mutual funds that have the largest stakes in FDX.