Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$FCX, $GRPN, $JPM, $LLTC, $MRO
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Tuesday, as follows:
Freeport-McMoRan Inc. (NYSE:FCX) analysts started as Underperform with an 8 price objective at Merrill Lynch. The 52-wk trading range is 3.52 – 14.06, and the consensus price target is 11.38.
Groupon Inc. (NASDAQ:GRPN) was raised to Outperform from Neutral and the price target was raised to 6.50 from 4.50 at Wedbush Securities. It has a 52-wk trading range of 2.15 – 5.94 and a consensus price target of 4.94.
JPMorgan Chase & Co. (NYSE:JPM) analysts downgraded to Market Perform from Outperform at BMO Capital Markets. Buckingham Research also reportedly downgraded it to Neutral from Buy. The money center bank has a 52-wk trading range of 52.50 – 69.06. The consensus price target is 71.27.
Linear Technology Corp. (NASDAQ:LLTC) analysts downgraded to Perform from Outperform at Oppenheimer. The 52-wk trading range is 37.33 – 64.42. The consensus price target is 60.63.
Marathon Oil Corp. (NYSE:MRO) downgraded to Equal Weight from Overweight and the price target was lowered to 17 from $18 at Barclays. The 52-wk trading range is 6.52 – 20.09, and the consensus price target of 18.16.