Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$DNKN, $FSLR, $LLL, $WDC

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:

Dunkin’ Brands Group Inc. (NYSE:DNKN) was raised to Outperform from Market Perform and the target price was raised to 64 from 54 at RBC Capital Markets. Dunkin’ Brands has a 52-wk trading range of 41.29 – 58.43 and a consensus analyst target price at 54.20.

First Solar Inc. (NASDAQ:FSLR) analysts raised to Neutral from Underperform with a 31 price target at Credit Suisse. The firm noted that protectionist probabilities are piercing the Bearish thesis, even if the solar Bulls have a lot to worry about now. First Solar has a 52-wk trading range of 25.65 – 56.32.

L3 Technologies Inc. (NYSE:LLL) was downgraded to Equal Weight from Overweight but the price target was raised to 175 from 165 at Barclays. L3 Technologies has a 52-wk trading range of 132.00 – 179.95 and a consensus price target at 180.40.

Western Digital Corp. (NASDAQ:WDC) was cut to Hold from Buy and the price target was cut to 90 from 100 at Jefferies. This is after it beat earnings and raised guidance, but Jefferies noted that this might be…”as good as it gets”.

Stay tuned…

 

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