Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$CCL, $CIEN, $ONCE, $SWHC, $PAY
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Tuesday, as follows
Carnival Corp. (NYSE:CCL) downgraded to Underweight from Equal Weight and the price target was cut to 48 from 54 at Morgan Stanley. The stock has a consensus analyst price target of 56.73 and a 52-wk trading range of 40.52 – 55.77.
Ciena Corp. (NASDAQ:CIEN) analysts downgraded to Hold from Buy at Drexel Hamilton, and Morgan Stanley cut its rating to Equal Weight from Overweight. It was reiterated as Buy with a target price of 30 at Argus. Ciena has a consensus analyst target of 24.81 and a 52-wk trading range of 15.62 – 25.46.
Spark Therapeutics Inc. (NASDAQ:ONCE) was started with a Buy rating and was given a 73 price target at Stifel. It has a consensus target price of 61.80 and a 52-wk trading range of 21.20 – 66.00.
Smith & Wesson Holding Corp. (NASDAQ:SWHC) Craig-Hallum cut its rating to Hold from Buy with a 33 price target. The 52-wk trading range is 16.33 – 31.19, and the consensus price target is 31.50.
Verifone Systems Inc. (NYSE:PAY) The stock was downgraded to Neutral from Outperform and the price target was cut to 20 from 30 at Wedbush Securities. Stifel kept a Buy rating but cut its target to 18 from 26. The 52-wk range was 16.99 – 31.24.
Have a terrific week