Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$CHK, $PFE, $SAVE, $SYME, $UA
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 Tuesday, as follows:
Chesapeake Energy Corp. (NYSE:CHK) analysts resumed coverage at Jefferies with an Underperform rating, although the price target was raised to 3 from 2. The firm thinks the liquidity runway has been extended, reducing the risk of default and immediate liquidity issues. Chesapeake Energy has a consensus analyst price target of 4.44 and a 52-wk trading range of 1.50 – 12.06.
Pfizer Inc. (NYSE:PFE) analysts maintained PFE as Buy at Jefferies, but the price target was cut to 40 from 42. The consensus price target is 38.71, and the 52-wk trading range is 28.25 – 36.46.
Spirit Airlines Inc. (NASDAQ:SAVE) raised to Outperform from Neutral and the price target was raised to 55 from 44 at Credit Suisse. The consensus price target is 55.33. The 52-wk trading range is 32.73 – 66.18.
Symantec Corp. (NASDAQ:SYMC) analysts raised to Buy from Sell and the price target was raised to 24 from 16 at UBS. It has a consensus price target of 19.47 and a 52-wk trading range of 16.14 to 24.39.
Under Armour Inc. (NYSE:UA) was raised to Buy from Neutral with a 48 price target at Buckingham Research. The consensus analyst target is 53.62, and the 52-wk trading range is 31.62 – 52.95.