Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$F, $GM, $JD, $SRPT, $VRX
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Wednesday, as follows:
Ford Motor Co. (NYSE:F) analysts started as Buy and assigned a price target of 14 at Nomura. It was also downgraded to Neutral from Buy at Buckingham Research. The 52-wk trading range is 11.02 – 15.84, and the consensus price target is 13.41.
General Motors Corp. (NYSE:GM) was started as Neutral and given a 33 price target at Nomura. Monday, Morgan Stanley raised GM’s rating to Overweight with almost 25% upside. It has a 52-wk trading range of 26.69 – 36.88 and a consensus price target of 36.94.
JD.Com Inc. (NASDAQ:JD) analysts downgraded to Neutral from Buy with a 27 price target at MKM Partners. The 52-wk trading range is 19.51 – 33.48, and the consensus price target is 29.91.
Sarepta Therapeutics Inc. (NASDAQ:SRPT) was up 73% at 48.94 on Monday and finished + 13.87% at 55.73 Tuesday. Jefferies raised its Underperform rating and 7 target to Hold and 50 after the firm was not expecting FDA approval.
Valeant Pharmaceuticals International Inc. (NYSE:VRX) started as Hold and assigned a 30 price target at Deutsche Bank. It has a consensus target price of 44.39 and a 52-wk trading range of 18.55 – 225.54.