Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$BANC, $GDPP, $PUMP, $STX, $UAL
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 Wednesday, as follows:
Bank of California Inc. (NYSE:BANC) analysts raised to Outperform from Market Perform at Wells Fargo. The 52-wk trading range is 10.93 to 23.24. The consensus price objective is at 22.07.
Goodrich Petroleum Corp. (NASDAQ:GDPP) started with a Buy rating at SunTrust Robinson Humphrey. The 52-wk trading range is 10.05 – 16.85. The consensus price target is 20.50.
ProPetro Holding Corp. (NYSE:PUMP) analysts started with an Outperform rating at Credit Suisse and at Evercore ISI, which has a 19 price target. The company had a recent IPO, and it is in the Crude Oil services business. The trading range for the stock since the IPO is 12.26 – 15.19. The consensus price objective: N/A.
Seagate Technology PLC (NASDAQ:STX) raised to Buy from Neutral at Longbow. The 52-wk trading range is 18.42 – 49.79, and the consensus price target is 46.17.
United Continental Holdings Inc. (NYSE:UAL) saw its target price raised to 75 from 72 at Cowen. The company is in the middle of a public relations dust-up about an unruly passenger’s ejection from a flight early this week. The 52-wk trading range is 37.41 – 76.80, and the consensus price target is 83.31. The stock closed Tuesday at 70.71.
The US financial markets are closed this Friday for Good Friday.
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