Wall Street’s Top Analysts’ Upgrades, Downgrades and Initiations
$FB, $FSLR, $HES, $TXN, $X
Below is a list of Wall Streets top analyst upgrades, downgrades and initiations for Friday, as follows:
Facebook Inc. (NASDAQ:FB), Facebook was reiterated as Buy and the price target was raised to 160 from 145 at Jefferies. Oppenheimer maintained its Outperform rating but raised its target to 140 from 130. Stifel reiterated its Buy rating but raised its target to 145 from 130. RBC reiterated its Outperform rating but raised its target to 165 from 160.
First Solar Inc. (NASDAQ:FSLR) First Solar was reiterated as Buy at Janney, and the fair value estimates on a sum of the parts analysis was raised to 89 from 86. Oppenheimer kept its Outperform and 80 target, noting that the CEO transition is a net positive for shares. First Solar’s consensus analyst target is 77.15, its 52-wk trading range is 40.25 – 74.29.
Hess Corp. (NYSE:HES) analysts downgraded to Neutral from Outperform at Credit Suisse, the firm raised its target to 65 from 60 (Vs 59.18 last). The consensus target price is 60.43, the 52-wk trading range is 32.41 – 78.87.
Texas Instruments Inc. (NASDAQ:TXN) analysts reiterated as Buy and the price target was raised to 69 from 62 at Jefferies. RBC maintained its Outperform rating but raised its target price to 68 from 65. Cowen kept its Market Perform rating but raised its target to 60 from 56. Oppenheimer maintained its Outperform rating and 70 target.
United States Steel Corp. (NYSE:X): The stock was downgraded to Underperform from Neutral at Macquarie. Cowen maintained its Market Perform rating and raised its target to 18 from 8. The consensus price target is 12.86, and the 52-wk trading range is 6.15 – 27.09.
Latest posts by Paul Ebeling (see all)
- Smokers Better off Stopping, Even if They Gain Weight - August 16, 2018
- Stem Cells Can Restore Vision in Blind Mice - August 16, 2018
- US Sanctions 3 Shipping Firms Over NKorea Strategic Trade - August 16, 2018