Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$ABBV, $MRO, $PAY

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 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.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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