Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations


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:

Dollar Tree Inc. (NASDAQ:DLTR)  Merrill Lynch reinstated it as Buy with a 91 price objective, noting that the Dollar Tree and Family Dollar momentum are both improving. Raymond James raised its rating to Strong Buy from Market Perform.

GoDaddy Inc. (NYSE:GDDY) was started as Buy with a 55 price target at Jefferies. The report called GoDaddy an underappreciated mid-cap story providing investors a balanced profile of consistent low to mid-teens revenue growth, margin expansion and significant cash flow generation.

Intuit Inc. (NASDAQ:INTU) analysts started as Buy with a 157 price target at Jefferies. The recent metrics are starting to show an acceleration in user adoption. Intuit has a 52-wk trading range of 103.22- 143.81, and a consensus target price at 133.88.

Starbucks Corp. (NASDAQ:SBUX) was raised to Outperform from Neutral with a 60 price target at Wedbush Securities. While the firm’s checks indicate US comparable sales are tracking in line with expectations, the potential contribution to growth from the China joint venture acquisition is a partial offset to slower same-store sales in the Americas.

Twitter Inc. (NYSE:TWTR) downgraded to Hold from Buy at Jefferies, and the firm cut its price target to 16 from 20, with the firm noting that its monetization is slipping and that Facebook (NASDAQ:FB) is the clear winner in social media. Twitter trades in a 52-week range of 14.12 – 25.25 and with a prior consensus target price of 15.91.

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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