Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$PG, $TMUS, $UA, $OLED
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:
Procter & Gamble Co. (NYSE:PG) analysts reiterated as Buy and the price target was raised to 101 from 99 at Jefferies. The call here is after media reports indicated activist investor Nelson Peltz’s Trian Funds has taken a $3.5-B stake, or about 1.5% of the public float.
T-Mobile US Inc. (NYSE:TMUS) was reiterated as Buy at Jefferies, and the firm raised its target handily to 71 from 59 after earnings. T-Mobile has a 52-wk trading range of 34.87 – 63.68.
Under Armour Inc. (NYSE:UA) analysts downgraded to Negative from Neutral at Susquehanna. Under Armour has a 52-wk trading range of 17.77 – 46.53 and a consensus price target of 23.00.
Universal Display Corp. (NASDAQ:OLED) analysts started as Positive and assigned a 100 price target at Susquehanna. This company is a winner from the coming generation of smartphones as it makes organic light emitting diode (OLED) technologies and materials for flat panel displays and solid-state lighting applications.