Wall Street’s Top Analysts’ Upgrades, Downgrades & Initiations
$DG, $MON, $PANW, $TGTX, $ULTX
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 Wedesday, as follows:
Dollar General Corp. (NYSE:DG) analysts reiterated as Buy at Jefferies after earnings, and the firm raised its target price to 101 from 97 in the call. Shares trade in a 52-wk trading range of 59.75 – 88.98.
Monsanto Co. (NYSE:MON) analysts downgraded to Neutral from Overweight with a 105 price target Vs 112.47 at the close Tuesday) at Atlantic Equities. Monsanto’s 52-wk trading range is 81.22 – 119.09.
Palo Alto Networks Inc. (NYSE:PANW) The stock was downgraded to Hold from Buy at Needham. Oppenheimer reiterated its Outperform rating and maintained its 177 price target.
TG Therapeutics Inc. (NASDAQ:TGTX) analysts started with a Buy rating and was assigned an 18 price target, Vs 7.52 at the close Tuesday, at SunTrust Robinson Humphrey. The company announced that it has entered into a global collaboration to develop and commercialize novel BET inhibitors from Jubilant Biosys for the treatment of hematological malignancies.
Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) The stock was reiterated as Outperform and the price target was raised to 260 from 235, Vs 233.01 at the close Tuesday at Oppenheimer. Its 52-wk range is 120.38 – 237.53.