Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
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 Thursday, as follows;
Broadcom Ltd. (NASDAQ:AVGO) was maintained as a Top Pick and the price target was raised to 225 from 200 at RBC Capital Markets. Broadcom’s 52-wk trading range is 114.25 – 207.40, and it has a consensus analyst target price of 216.23.
Cheniere Energy Inc. (NYSEMKT:LNG) was started with an Outperform rating at Wells Fargo. Cheniere trades in a 52-wk range of $23.74 to $50.53 and with a consensus price of 51.30.
Microchip Technology Inc. (NASDAQ:MCHP) raised to Strong Buy at Needham and the price target was raised to 100 from 75. Microchip Tech trades in a 52-wk range of 39.01 – 75.35. The consensus target price was 71.81, expect it to post higher soon.
Twitter Inc. (NYSE:TWTR) analysts raised to Buy from Neutral with a 25 price target at BTIG. Twitter has a 52-wk trading range of 13.73 – 25.25, and it has a consensus price target of 16.32.
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