Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$BIIB, $FDX, $LGF, $RRTS
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Wednesday, as follows:
Biogen Inc. (NASDAQ:BIIB) was reiterated at Outperform at Leerink, which raised its price target on the shares to 368 from 355. That compares with a Wall Street consensus price target of 339.07. The 52-wk trading range for the shares is 223.02 – 333.65.
FedEx Inc. (NYSE:FDX) analysts reiterated with a rating of Hold at Stifel, but the firm raised its price target to 189 from 186. The Wall Street consensus price objective is 208.95. The 52-wk trading range is 119.71 – 201.57. The stock closed last Tuesday at 190.55.
LionsGate Entertainment Corp. (NYSE:LGF) started with a Buy rating and a 34 price target at Argus. The consensus price objective is 27.94, and the 52-wk trading range is 16.21 – 35.65.
Roadrunner Transportation Systems Inc. (NASDAQ: RRTS) analysts reiterated with a Buy rating at Stifel, which raise its price target to 12 from 11. The consensus price target is 10.50. The stock ended Tuesday at 10.52, in a 52-wk trading range of 6.39 – 13.67.
We have a light economic calendar for this short week and ahead of another short week.
Light volume, 20,000 Dow in sight.