Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$ATVI, $CTSH, $ETSY, $VIA, $YELP

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:

Activision Blizzard Inc. (NASDAQ:ATVI) was raised to Buy from Neutral at Merrill Lynch. The 52-wk trading range for the stock is 35.12 – 64.06, and the consensus Wall Street price target is 64.25.

Cognizant Technology Solutions Corp. (NASDAQ:CTSH) was raised to Buy from Hold at Loop Capital. The 52-wk trading range is 45.44 – 70.49. The consensus price target is 73.10.

Etsy Inc. (NASDAQ:ETSY) saw its target price raised to 15 from 13 at Stifel. The analysts noted that Etsy reported a solid Quarter and provided better than feared FY 2017 guidance despite the considerable transition experienced during the Quarter. The 52-wk trading range is 9.41 to 16.05, and the consensus price target is 13.06.

Viacom Inc. (NASDAQ:VIAB) was downgraded to Underweight at Atlantic Equities. The 52-wk trading range for the shares is 32.68 – 48.72, and the consensus price target is 43.77.

Yelp Inc. (NASDAQ:YELP) was raised to Buy from Hold at MKM Partners. The 52-wk trading range is 26.93 – 43.41. The consensus price target is 31.31. The stock finished Friday in NY at 31.37.

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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