Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$ABBV, $MRO, $PAY
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Monday, as follows:
AbbVie Inc. (NYSE:ABBV) analysts reiterated as Buy but the price target was raised to 80 from 74 at Goldman Sachs. AbbVie has a 52-wk trading range of 54.41 – 68.12 and a consensus analyst price target of 69.78.
Marathon Oil Corp. (NYSE:MRO) started with an Outperform rating and assigned a 22 price target at FBR Capital Markets. Marathon Oil has a 52-wk trading range of 9.65 – 19.28 and a consensus price target at 20.87.
Verifone Systems Inc. (NYSE:PAY) was downgraded to Neutral from Buy at BTIG Research. Shares have recovered this week since reports of a data breach, but this was a post-earnings report in which it actually exceeded its guidance. Verifone’s 52-wk trading range is 14.94 – 29.73, and its consensus price target is 20.08.
Have a terrific week.