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