Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$GG, $GPRO, $ORCL, $TSN
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 Friday, as follows:
Goldcorp Inc. (NYSE:GG) was raised to Sector Perform from Underperform and the target price was raised to 17 from 15 at RBC Capital Markets. Goldcorp has a 52-wk trading range of 11.91 – 20.38 and a consensus analyst target price at 18.01.
GoPro Inc. (NASDAQ:GPRO) gave revenue guidance toward the upper end of its range for Q-1. Wedbush maintained its Neutral rating and said that 2-H of Y 2017 will be a Key indicator of demand. Citigroup raised its rating to Neutral from Sell.
Oracle Corp. (NYSE:ORCL) analysts reiterated as Neutral but the price target was raised to 43 from 42 at Wedbush. JMP Securities raised Oracle to Market Perform from Underperform. Jefferies reiterated its Buy rating but raised its price target to 52 from 51. JPMorgan raised Oracle to Overweight from Neutral.
Tyson Foods Inc. (NYSE: TSN) analysts downgraded to Hold from Buy at Argus, with the call based on mounting legal issues from the SEC investigation of Tyson and other poultry producers for alleged manipulation of a chicken pricing index.
Have a terrific weekend…
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