Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$ANF, $BABA, $BIDU, $FDC, $FSLR, $UA
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.