Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$FCAU, $GRPN, $GRUB, $HPQ, $IAG

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:

Fiat Chrysler Automobiles (NYSE:FCAU) was reiterated as Buy and the sum of the parts target was raised to 19 from 14 at Jefferies. Fiat Chrysler has a 52-wk trading range of $6.05 to 13.57 and a consensus price target at 15.78.

Groupon Inc. (NASDAQ:GRPN) was maintained as Neutral with a 4.50 price target at Wedbush Securities. The firm hosted management meetings and was incrementally more positive on Groupon’s outlook, noting the progress of product initiatives and card-linked offers.

GrubHub Inc. (NYSE:GRUB) was reiterated as Outperform with a 63 price target at Wedbush. The firm noted that GrubHub remains best positioned to capture an outsized portion of the secular shift to digital in the restaurant delivery space. The 52-wk trading range is 32.42 – 57.26, and the consensus price target is at 51.21.

HP Inc. (NYSE:HPQ) was started with a Buy rating and assigned a 23 price target at Loop Capital. Shares finished at 18.86 Wednesday, in a 52-wk trading range of 13.55 – 19.58.

IAMGOLD Corp. (NYSE:IAG) was raised to Outperform from Market Perform with a 7.50 price target at BMO Capital Markets. It has a 52-wk trading range of 3.14 – 5.94 and a consensus price target of 6.73.

Stay tuned…

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