Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$BBRY, $SLB, $VLO, $WLL, $ZNGA

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 Wednesday, as follows:

BlackBerry Ltd. (NASDAQ:BBRY) analysts downgraded to Market Perform from Outperform at Raymond James. BlackBerry’s 52-wk trading range is 6.23 – 11.55 and it had a consensus target price of 8.79.

Schlumberger Ltd. (NYSE:SLB) was reiterated as Neutral at Merrill Lynch, noting that the stock looks weak after having decoupled from Crude Oil as its defensive positioning looks less obvious. Schlumberger has a 52-wk trading range of 68.94 – 87.84.

Valero Energy Corp. (NYSE:VLO) was downgraded to Equal Weight from Overweight at Morgan Stanley. The 52-wk trading range is 46.88 – 71.40, and the consensus price target is 73.66.

Whiting Petroleum Corp. (NYSE:WLL) was downgraded to Sell from Neutral at Goldman Sachs. Whiting has a 52-wk trading range of 6.38 – 14.44 and a consensus target price of 12.76.

Zynga Inc. (NASDAQ:ZNGA) was raised to Overweight from Neutral at Piper Jaffray. It finished at 3.60 Tuesday, in a 52-wk trading range of 2.27 – 3.63. The prior consensus target price was 3.41.

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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