Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$HBAN, $HUN, $SNAP, $UAA

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 Tuesday, as follows:

Huntington Bancshares Inc. (NASDAQ:HBAN) raised to Buy from Hold and the price target was raised to 16 from 14 at Jefferies. Huntington Bancshares has a 52-wk trading range of 8.05 – 14.74, and the consensus price target is 15.01.

Huntsman Corp. (NYSE:HUN) was raised to Buy from Hold with a 28 price target at Citigroup. The 52-wk trading range is 14.16 to 25.22 and the consensus analyst target is at 24.60.

Snap Inc. (NYSE:SNAP) analysts started with a Hold rating at Argus, with the firm citing strong growth that is fully reflected in the price of the stock. Snap’s post-IPO range is 18.90 to 29.44, and it closed at 22.35 Monday.

Under Armour Inc. (NYSE:UAA) indicated marginally higher after Barron’s reported this past weekend that its shares are ready to recover. Under Armour was downgraded to Underperform from Market Perform and the price target was cut to 14 from 20 at FBR Capital Markets. Under Armour has a 52-wk trading range of 17.05 – 46.53, and its consensus target price is 23.00.

Stay tuned…

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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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