$GOOGL, $GRUB, $MAT, $RYAAY
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Friday, as follows:
Alphabet Inc. (NASDAQ:GOOGL) downgraded to Hold from Buy with a 1,000 price target at Canaccord Genuity. Alphabet has a 52-wk trading range of 672.66 – 1008.61 and a consensus analyst target price of 1060.
GrubHub Inc. (NYSE:GRUB) analysts started as Market Perform and assigned a 45 price target at Wells Fargo. The 52-wk trading range is 27.89 – 46.83 and the consensus price target is 46.55.
Mattel Inc. (NASDAQ:MAT) was downgraded to Neutral from Buy at D.A. Davidson. Jefferies maintained its Hold rating but its target is 19, based on weak sales and noting that its targets still too aggressive given the company and the environment. Monness Crespi & Hardt kept a Buy rating but cut its target to 27 from 29.
Ryanair Holdings PLC (NASDAQ:RYAAY) analysts raised to Buy from Neutral at Goldman Sachs. Its American depositary shares closed at 109 on 108.69 Thursday. The 52-wk trading range is 67.56 – 109.64, and the consensus price target is 116.00.
Splunk Inc. (NASDAQ:SPLK) analysts downgraded to Neutral from Outperform and the price target was cut to 63 from 72 at Wedbush. The firm sees transition challenges and more emerging competition on several fronts. Splunk has a 52-wk trading range of 50.60 – 69.23.
Have a terrific weekend.
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