$AMD, $JWN, $NVDA, $SBUX, $ZNGA
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Monday, as follows:
Nordstrom Inc. (NYSE: JWN) was up at 47.16 Friday after word that the Nordstrom family is looking to take Nordstrom private. The stock was downgraded to Neutral from Buy at UBS, and it also was downgraded to Neutral from Buy at Guggenheim. Nordstrom has a 52-wk trading range of 35.01 – 62.82 and a consensus target price at 47.35.
NVIDIA Corp. (NASDAQ:NVDA) was reiterated as Buy and the price target was raised to 175 from 140 at Argus. The firm noted that its strategy for successfully monetizing its graphics processing know-how in multiple markets supports its fast-rising stock price. NVIDIA has a consensus analyst target of 125.59 and a 52-wk trading range of 44.57 – 160.00.
Starbucks Corp. (NASDAQ:SBUX) was started as Buy with a 75 target price at Mizuho. It has a consensus target price of 66.22 and a 52-wk trading range of 50.84 – 64.87.
Zynga Inc. (NASDAQ: ZNGA) analysts raised ZNGA to Overweight from Equal Weight with a 4.50 price target at Morgan Stanley. Zynga has a 52-wk trading range of 2.27 – 3.70, and it had a consensus analyst target price at 3.57.
Have a terrific week.