Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$BABA, $BA $P, $SBUX, $TWTR
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
Alibaba Group Holding Ltd. (NYSE:BABA) analysts reiterated as Buy and the price target was raised to 101 from 86 at Jefferies. The stock has a 52-wk trading range of 57.20 – 86.42 and a consensus analyst price target of 96.56.
Boeing Co. (NYSE:BA) reiterated as Buy with a 165 price target at Jefferies. This is after Boeing recognized costs on the 2 remaining 787 test aircraft and took charges on the 747 and KC-46 tanker programs, for a total of 3.23/share.
Pandora Media Inc. (NYSE:P) analysts downgraded to Underperform from Sector Weight at Pacific Crest. The 52-wk trading range is 7.10 – 22.60, and the consensus price target is 14.50.
Starbucks Corp. (NASDAQ:SBUX) is maintained as Buy at Jefferies, but the price target was cut to 65 from 70. Credit Suisse maintained a Neutral rating but cut its target price to 58 from 61. Merrill Lynch maintained it at Buy, but the price target was cut to 67 from 68. Its 52-wk trading range is 42.05 – 64.00.
Twitter Inc. (NYSE:TWTR) analysts downgraded to Market Perform from Outperform at Raymond James. Twitter has a consensus target price of 18.40 and a 52-wk range of 13.73 – 36.67.
Have a terrific week.
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