Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$CMCSA, $FB, $MBLY, $NFLX, $NOK
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Tuesday, as follows
Comcast Corp. (NASDAQ:CMCSA) was raised to Buy from Hold and the price target was raised to 88 from 68 at Deutsche Bank. Its price target was also raised to 81 at Raymond James. Shares trade in a 52-wk range of 52.34 – 71.76. The consensus price target is 77.18.
Facebook Inc. (NASDAQ:FB) analysts raised to Strong Buy from an already positive Outperform rating at Raymond James, and the price target is 160. The stock has a 52-wk range of 89.37 – 133.50, and a consensus price target of 153.57.
Mobileye N.V. (NYSE:MBLY) Jefferies started with a Buy rating and assigned a 52 price target. The firm sees an attractive entry point with a 1st-to-market advantage, and it expects 44% in annual sales expansion through Y 2020 due to its favorable market positioning. The 52-wk trading range is 23.57 – 51.15, and the consensus price target is 55.50.
Netflix Inc. (NASDAQ:NFLX) to Hold from Sell and raised the price target to $110 from 92 at Deutsche Bank. The firm noted that the growth is effectively 2 years ahead of where it was expecting it to be, the Hold rating is due to valuations. Netflix has a 52-wk trading range of 79.95 – 133.88 and a consensus price target of 125.30.
Nokia Corp. (NYSE:NOK) analysts downgraded to Hold from Buy with a 5 price target at Canaccord Genuity. The 52-wk trading range is 4.04 – 7.31. The consensus price target is 5.66.
Have a terrific week.