Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AAPL, $NFLX, $OXY, $SNAP
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Thursday, as follows:
Apple Inc. (NASDAQ:AAPL) analysts reiterated as Outperform at RBC Capital Markets, but the firm raised its price target to 155 from 140. Apple’s 52-wk trading range is 89.47 – 140.28 and the consensus analyst price target was last seen at 142.69.
Netflix Inc. (NASDAQ:NFLX) raised to Hold from Underperform at Jefferies, but the firm is caving on a lower target by raising its target to 135 from 95. This call is after Jefferies conducted a survey targeting consumers in Germany and India and found that the Netflix growth opportunity appears larger than the firm expected.
Occidental Petroleum Corp. (NYSE:OXY) raised to Buy from Neutral at Merrill Lynch. This is a day after Credit Suisse gave a similar upgrade to Outperform. The 52-wk trading range is 61.01 – 78.48.
Snap Inc. (NYSE:SNAP) started as Underweight and assigned an 18 price target at Cantor Fitz. Snap’s post-IPO range has been 20.15 – 29.44, and it priced at 17/share.