Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$BANC, $GDPP, $PUMP, $STX, $UAL
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Wednesday, as follows:
Bank of California Inc. (NYSE:BANC) analysts raised to Outperform from Market Perform at Wells Fargo. The 52-wk trading range is 10.93 to 23.24. The consensus price objective is at 22.07.
Goodrich Petroleum Corp. (NASDAQ:GDPP) started with a Buy rating at SunTrust Robinson Humphrey. The 52-wk trading range is 10.05 – 16.85. The consensus price target is 20.50.
ProPetro Holding Corp. (NYSE:PUMP) analysts started with an Outperform rating at Credit Suisse and at Evercore ISI, which has a 19 price target. The company had a recent IPO, and it is in the Crude Oil services business. The trading range for the stock since the IPO is 12.26 – 15.19. The consensus price objective: N/A.
Seagate Technology PLC (NASDAQ:STX) raised to Buy from Neutral at Longbow. The 52-wk trading range is 18.42 – 49.79, and the consensus price target is 46.17.
United Continental Holdings Inc. (NYSE:UAL) saw its target price raised to 75 from 72 at Cowen. The company is in the middle of a public relations dust-up about an unruly passenger’s ejection from a flight early this week. The 52-wk trading range is 37.41 – 76.80, and the consensus price target is 83.31. The stock closed Tuesday at 70.71.
The US financial markets are closed this Friday for Good Friday.