Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$ANF, $BABA, $BIDU, $FDC, $FSLR, $UA
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 Thursday, as follows
Abercrombie & Fitch Co. (NYSE:ANF) downgraded to Hold from Buy at Stifel. Shares closed at 17.74 Wednesday. The stock has a consensus analyst price target of 22.57 and a 52-wk trading range of 16.49 – 32.83.
Alibaba Group Holding Ltd. (NYSE:BABA) started as Overweight at JPMorgan. It has a 52-wk range of 57.20 – 98.86 and a consensus analyst price target of 108.64.
Baidu Inc. (NASDAQ:BIDU) started as Underweight at JPMorgan. It has a consensus price target of 181.12 and a 52-wk trading range of 130.77 – 217.97.
First Data Corp. (NYSE:FDC) analysts started as Buy with a 16.50 price target at Jefferies. The firm sees this industry giant reawakening. First Data just secured an even larger Buy rating 1 day earlier with a 20 price target, and it has a consensus price target of 16.23.
First Solar Inc. (NASDAQ:FSLR) was downgraded to Hold from Buy at Argus. The stock closed at 37.82 Wednesday, and it has a 52-wk trading range of 36.75 – 74.29 and consensus price target of 56.16.
Under Armour Inc. (NYSE:UA) analysts downgraded to Hold from Buy at Argus. It closed at 39.63 Wednesday, and has a 52-wk range of 31.61 – 52.94. The consensus price target is 53.62.
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