Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$GOOGL, $BIDU, $DDS, $NKE
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:
Alphabet Inc. (NASDAQ:GOOGL) analysts downgraded to Underperform from Neutral with a 700 price target at Wedbush Securities. The firm is concerned about an increasing use of ad blockers, payment platforms and mobile search monetization.
Baidu Inc. (NASDAQ:BIDU) was downgraded to Hold from Buy and the price target was lowered to 201 from 219 at Deutsche Bank.
Dillard’s Inc. (NYSE:DDS) raised to Outperform from Neutral and the price target was raised to 70 from 63 at Credit Suisse. The 52-wk trading range is 54.37 – 94.12, and the consensus price target is 60.20.
Nike Inc. (NYSE:NKE) analysts downgraded to Hold from Buy at Brean Capital. Credit Suisse sees a reason for caution and lowered its price target to 60 from 63. Merrill Lynch maintained its Neutral rating with a 55 price objective.
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