Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$BHI, $CMG, $EA, $SNAP
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:
Baker Hughes Inc. (NYSE:BHI) downgraded to Market Perform from Outperform with a 65 price target at BMO Capital Markets. Shares previously closed up 1.1% at 59.29, and the 52-week range is 41.74 – 68.59. The consensus price target is 69.35.
Chipotle Mexican Grill Inc. (NYSE:CMG) was downgraded to Sector Perform from Outperform and the price target was raised to 500 from 465 at RBC Capital Markets. Maxim has a Hold rating, and it raised its target price to 440 from 430..
Electronic Arts Inc. (NASDAQ:EA) was started with an Overweight rating and assigned a 112 price target at Pacific Crest. Electronic Arts has a 52-wk trading range of 61.10 – 93.40, and the consensus analyst target is at 95.06.
Snap Inc. (NYSE: SNAP) analysts started as Market Perform at Raymond James, it has a consensus target price of 23.48 and a post-IPO range of 18.90 – 29.44.
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