Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$COP, $ETSY, $MRO, $SQ, $DIS

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:

ConocoPhillips (NYSE:COP) was raised to Buy from Hold and the price target was raised to 59 from 55 at Jefferies. ConocoPhillips has a 52-wk trading range of 38.80 – 53.17 and a consensus target price at 59.84.

Etsy Inc. (NASDAQ:ETSY) analysts maintained as Neutral with a 9 price target at Wedbush Securities. This was even as the report noted that a buyout is the most likely scenario. Etsy also was downgraded to Hold from Buy at Loop Capital. Maxim Group has a Buy rating but raised its target to 17 from 13.

Marathon Oil Corp. (NYSE:MRO) was downgraded to Hold from Buy at Jefferies. The 52-wk trading range is 12.11 – 19.28, and the consensus price target is 19.93. MRO finished at 14.35 Wednesday.

Square Inc. (NYSE:SQ) was downgraded to Neutral from Buy at BTIG. Stifel has a Buy rating and raised its rating to 23 from 21. Square at 19.56 Wednesday. The 52-wk trading range is 8.42 – 20.69, and the consensus analyst price is 20.10.

Walt Disney Co. (NYSE:DIS) was downgraded to Neutral from Outperform with a 105 price target at Macquarie. Disney has a 52-wk trading range of 90.32 – 116.10 and a consensus price target of 118.79. Shares closed at 106.31 Wednesday.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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