Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$ADBE, BCS, NFLX, SNAP, VRTX
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 Monday, as follows:
Adobe Systems (NASDAQ:ADBE) raised to Buy from Hold and the price target was raised to 145 from 115 at Wunderlich. Adobe has a 52-wk trading range of 90.35 – 123.55, shares were up at a new high of 128.50 Friday after solid earnings.
Barclays PLC (NYSE:BCS) raised to Overweight from Equal Weight at Morgan Stanley. The 52-wk trading range is 6.76 – 12.05.
Netflix Inc. (NASDAQ:NFLX) analysts started as Outperform and assigned a 178 price target at Bernstein. Netflix has a 52-wk trading range of 84.50 – 146.50 and a consensus price target at 150.34.
Snap Inc. (NYSE:SNAP) was started as Neutral with a 20 price target at Mizuho. Its post-IPO range is 19.75 – 29.44, and it was a 17 price at the official IPO allocation.
Vertex Pharmaceuticals Inc. (NASDAQ:VRTX) raised to Outperform from Market Perform at JMP Securities. Vertex has a 52-wk trading range of 71.46 – 103.73 and consensus analyst target of 99.70.
Have a terrific week.