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