Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$ADBE, $HPQ, $LULU, $PEP, $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 Thursday, as follows:

Adobe Systems Inc. (NASDAQ:ADBE) analysts started with a Buy rating and assigned a 150 price target at Stifel. Adobe has a 52-wk trading range of 90.35 – 131.33 and the consensus analyst target price at 143.13.

HP Inc. (NYSE:HPQ) raised to Buy from Neutral with a 20 price target at Citigroup.  HP’s 52-week range is 11.31 to 17.96. The consensus target price from Thomson Reuters was 17.54.

Lululemon Athletica Inc. (NASDAQ:LULU) was raised to Buy from Hold with a 60 price target at Stifel. It has a 52-wk trading range of 49.40 – 81.81 and a consensus price target of 61.83.

PepsiCo Inc. (NYSE:PEP) analysts raised to Positive from Neutral and the price target was raised to 132 from 118 at Susquehanna. PepsiCo has a 52-wk trading range of 98.50 – 112.76, and the consensus analyst target is 117.63.

Under Armour Inc. (NYSE:UAA) started with a Neutral rating at Wedbush Securities, although that Neutral and given an 18 price target. The analyst’s view is that there are still some issues that prevent it from looking favorable without a catalyst to rediscover historic growth and margins. Under Armour has a 52-wk trading range of 18.40 to 47.95

The US financial markets are closed for Good Friday, have a terrific Easter holiday weekend.

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