Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$BABA, $AMZN, $PBYI, $SEAS
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 Friday, as follows
Alibaba Group Holding Ltd. (NYSE:BABA) analyst reiterated as Buy at Stifel, and the firm raised its price target to 125 from 104. It has a consensus analyst price target of 110.50 and a 52-wk trading range of 57.20 – 106.19.
Amazon.com Inc. (NASDAQ:AMZN) raised to Buy from Hold at Argus, based on higher growth prospects. It set an official 935 price target for 12 months, but it also noted that a value for Amazon is in range exceeding 1,000. Amazon has a 52-wk trading range of 474.00 to 790.79 and a consensus price target of 877.20.
Puma Biotechnology Inc. (NASDAQ:PBYI) analysts reiterated as Outperform but the price target was raised to 111 from 54 at Credit Suisse. The firm’s higher target is based on increased Neratinib expectations.
SeaWorld Entertainment Inc. (NYSE:SEAS) was raised to Buy from Neutral at Citigroup, with the focus being on how it can deploy capital after a recent dividend cut. The 52-wk trading range is 11.77 – 21.85 and the consensus price target is 14.17.
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