Wall Street’s Top Analysts’ Upgrades, Downgrades & Initiations
$T, $FCX, $HAL, $LC
Below is a list of Wall Streets top analyst upgrades, downgrades and initiations for Wednesday, as follows:
Freeport-McMoRan Inc. (NYSE:FCX) analysts raised to Buy from Hold and the price target was raised to 15.00 from 12.50 at Jefferies, Accretive asset sales and entering a period of strong cash flows were cited. The consensus price target is 10.70. The 52-wk trading range is 3.52 – 21.85.
Halliburton Co. (NYSE:HAL) was raised to Outperform from Market Perform and the price target was raised to 49 from 44 at FBR Capital Markets. The consensus price target is 45.33. Shares have a 52-wk trading range of 27.64 – 46.69.
LendingClub Corp. (NYSE:LC) is now being investigated, sending shares down 9% to 3.56 after Monday’s 12% gainer. Analysts maintained as Sell but the price target was cut to 3 from 4 at Compass Point. The consensus analyst target is 8.77, and the 52-wk trading range is 3.50 – 19.48.
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