Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$BCS, $ETFC, $PBR, $RRC, $VALE
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Thursday, as follows:
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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