Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$BHI, $FCX, $GRUB, $SLW
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 Friday, as follows;
Baker Hughes Inc. (NYSE:BHI) analysts raised to Positive from Neutral with a 71 price target at Susquehanna. Baker Hughes has a 52-wk trading range of 38.16 to 68.59 and a consensus analyst target price of 69.46.
Freeport-McMoRan Inc. (NYSE:FCX) analysts started with a Neutral rating and assigned a 14 price target at JPMorgan. Freeport-McMoRan has a 52-wk trading range of 4.65 – 17.06 and a consensus price target of 14.76.
GrubHub Inc. (NYSE:GRUB) analysts downgraded to Neutral from Buy with a 42 price target at Mizuho. Wedbush reiterated its Outperform rating and 47 target price, calling Grubhub the market leader in the growing online restaurant takeout and delivery space, and the firm sees it continuing to benefit from its early lead and scale. Credit Suisse reiterated its Outperform rating with a 48 price target.
Silver Wheaton Corp. (NYSE:SLW) was downgraded to Neutral from Buy with a 25 target price at Goldman Sachs. Silver Wheaton has a 52-wk trading range of 14.36 to 31.35 and a consensus price target of 29.36.
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