Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$BABA, $BBRY, $UA, $AD
Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid.
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Monday, as follows
Alibaba Group Holding Ltd. (NYSE:BABA) analysts raised to Strong Buy from Outperform and the price target was raised to 124 from 95 at Raymond James. It also was raised to Outperform from Neutral and the price target was lifted to 110 from 76 at Macquarie. Shares hit a 52-wk high at 98.25 last Friday.
BlackBerry Ltd. (NASDAQ:BBRY) was raised to Outperform from Market Perform at Raymond James. It closed at 7.88 and has a 52-wk trading range of 5.96 – 9.46.
Under Armour Inc. (NYSE:UA) was started with a Positive rating and was assigned a 50 price target at Susquehanna. The consensus price target is 53.62, and the 52-wk trading range is 31.61 – 52.94.
Consolidated Edison Inc. (NYSE: ED) was started with a Neutral rating and was given a 76 price target at Citigroup. Its consensus price target is under the current share price at 75.27, and its 52-wk trading range is 60.30 – 81.88.
Have a terrific week
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