Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AAL, $AWK, $NFLX, $SPWR
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 Thursday, as follows
American Airlines Group Inc. (NASDAQ:AAL) analysts downgraded AAL to Underperform from Outperform and the price target was cut to 28 from 47 at Credit Suisse. Its consensus analyst price target is 43.25.
American Water Works Co. Inc. (NYSE:AWK) downgraded to Neutral from Buy at Merrill Lynch. The consensus price target is at 71.92. The 52-wk trading range is 50.01 – 85.24.
Netflix Inc. (NASDAQ:NFLX) analyst put an Underperform rating at Jefferies, and the prior analyst price target of 120 was reset at 80. Jefferies sees Netflix’s runway span lasting for multiple years, but its research sees domestic subscriber growth flatter than expectations such that it will pressure the stock’s multiple despite international growth.
SunPower Corp. (NASDAQ:SPWR) started with a Buy rating at UBS, which assigned it a 22 price target. The consensus analyst target is 31.72, and the 52-wk trading range is 13.29 – 31.10.