Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$APA, $ATSG, $BIDU, $GT, $HP, $JACK, $WEN
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Tuesday, as follows:
Apache Corp. (NYSE: APA) was reiterated as Underperform but the price target was cut to 60 from 66 at Merrill Lynch. The firm’s call is on a confirmed pivot to nat gas diluting its growth with capital spending focused in the Permian. Apache has a 52-wk trading range of 36.26 – 69.00 and a consensus analyst price target of 65.47.
Air Transport Services Group Inc. (NASDAQ:ATSG) analysts started with an In-Line rating and was assigned an 18 price target at Imperial Capital.
Baidu Inc. (NASDAQ:BIDU) was reiterated as Buy with a 207 price objective at Merrill Lynch.
Goodyear Tire & Rubber Co. (NYSE:GT) analysts downgraded to Hold from Buy but the prior 36.60 price target was raised to 38 at Jefferies.
Helmerich & Payne Inc. (NYSE:HP) was raised to Buy from Neutral with a$79 price objective at Merrill Lynch.
Jack in the Box Inc. (NASDAQ:JACK) was downgraded to Market Perform from Outperform and the price target was cut to $100 from 125 at Cowen.
Wendy’s Co. (NASDAQ:WEN) was raised to Overweight from Neutral with a 15 price target at JPMorgan.