Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$DECK,  $QCOM,  $RRGB,  $RDS.A

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:

Deckers Outdoor Corp. (NYSE:DECK) saw its price target raised to 74 from 70 at Stifel. The firm believes the strategic review is ongoing, and the analyst continues to believe there could be good appetite from a strategic buyer, particularly with evidence of stabilizing fundamentals. The 52-wk trading range for the shares is 44 – 69.94, and the consensus price target is 58.44.

Qualcomm Inc. (NASDAQ:QCOM) saw its price target raised to 65 from 56 at Stifel. That compares with a consensus target of 61.27. The 52-wk trading range is 50.84 – 71.62. The stock closed Friday at 57.52

Red Robin Gourmet Burgers Inc. (NASDAQ:RRGB) analysts raised to Buy from Hold at Canaccord Genuity. The 52-wk trading range is 40.85 – 74.11, and the consensus price objective is 74.50. The stock closed trading Friday at 70.75.

Royal Dutch Shell PLC (NYSE:RDS-A) analysts raised to Outperform from Neutral at BNP Paribas. The 52-wk trading range for the energy giant is 46.57 – 56.39. The consensus price target is 63.19. The shares closed Friday at 54.1.

Have a terrific week.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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