Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$CLR, $HES, $USB, $ZNGA
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 Monday, as follows:
Continental Resources Inc. (NYSE:CLR) was raised to Outperform from Neutral with a 57 price target at Credit Suisse. Continental Resources has a 52-wk trading range of 37.98 – 60.30.
Hess Corp. (NYSE:HES) was raised to Outperform from Market Perform at Wells Fargo. It closed down 2.2% at $45.84 on Thursday but was indicated up 0.6% at 46.13 on Friday morning and closed at 47.42.
US Bancorp (NYSE:USB) was downgraded to Market Perform from Outperform at Wells Fargo. Shares trade in a 52-wk trading range of 38.48 – 56.61. The consensus price target is 54.46.
Zynga Inc. (NASDAQ:ZNGA) was last seen up almost 10% at 3.20 after post-earnings indications. Merrill Lynch raised its rating to Neutral from Underperform. It was reiterated as Outperform with a 4.25 price target at Wedbush Securities.
Have a terrific week.
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