Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$COP, $ETSY, $MRO, $SQ, $DIS
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.