Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$BIIB, $FDX, $LGF, $RRTS
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 Wednesday, as follows:
Biogen Inc. (NASDAQ:BIIB) was reiterated at Outperform at Leerink, which raised its price target on the shares to 368 from 355. That compares with a Wall Street consensus price target of 339.07. The 52-wk trading range for the shares is 223.02 – 333.65.
FedEx Inc. (NYSE:FDX) analysts reiterated with a rating of Hold at Stifel, but the firm raised its price target to 189 from 186. The Wall Street consensus price objective is 208.95. The 52-wk trading range is 119.71 – 201.57. The stock closed last Tuesday at 190.55.
LionsGate Entertainment Corp. (NYSE:LGF) started with a Buy rating and a 34 price target at Argus. The consensus price objective is 27.94, and the 52-wk trading range is 16.21 – 35.65.
Roadrunner Transportation Systems Inc. (NASDAQ: RRTS) analysts reiterated with a Buy rating at Stifel, which raise its price target to 12 from 11. The consensus price target is 10.50. The stock ended Tuesday at 10.52, in a 52-wk trading range of 6.39 – 13.67.
We have a light economic calendar for this short week and ahead of another short week.
Light volume, 20,000 Dow in sight.
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