Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$BCS, $ETFC, $PBR, $RRC, $VALE
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:
Barclays PLC (NYSE:BCS) analysts raised to Buy from Hold at HSBC. It closed in New York trading at $8.62, with a 52-wk trading range of 6.76 -15.86 and a consensus price target of 9.85.
E*Trade Financial Corp. (NASDAQ:ETFC) analysts started with an Outperform rating and assigned a 33 price target at Credit Suisse. The 52-wk trading range is 19.61 – 30.98, and the consensus price target is 29.77.
Petroleo Brasileiro S.A. (NYSE:PBR) aka Petrobras, raised to Market Perform from Underperform at Raymond James. Shares closed at 9.22, in a 52-wk trading range of 2.71 -10.24. The consensus price target is 7.16.
Range Resources Corp. (NYSE:RRC) started with an Outperform rating and assigned a 49 price target at Credit Suisse. Its 52-wk range is 19.21 – 46.96, and it has a consensus price target of 48.76.
Vale S.A. (NYSE:VALE) was raised to Equal Weight from Underweight with a $4 price target (versus a $5.11 close) at Barclays. The 52-wk trading range is 2.13 – 6.26. The consensus price target is 5.40.
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