Exxon Mobil Corp. (NYSE:XOM) analysts raised to Neutral from Sell with a 76 price target at UBS. Exxon shares trade in a 52-wk range of 76.05 – 93.22. Its consensus price target was close to 82.
Fiat Chrysler Automobiles (NYSE:FCAU) was raised to Overweight from Equal Weight at Barclays. The American depository shares closed at 16.39 Wednesday trading. Deutsche Bank had just been positive on FCA earlier in the week. I am high on FCAU calling it a 22/share by years end, there is not resistance on the chart.
Hewlett Packard Enterprise Co. (NYSE:HPE) was downgraded to Underperform from Neutral at Merrill Lynch. It was kept at Sector Perform at RBC, but the price target was cut to 15 from 20. . HPE was maintained as Outperform at Oppenheimer, and Jefferies maintained its Buy rating but cut its target to 17.50 from 22.00. Shares trade in a 52-wk range of 11.99 to 14.86.
IAMGOLD Corp. (NYSE:IAG) reported Tuesday that its significant Gold discovery at its Saramacca project exceeded its initial targets. The stock was raised to Outperform from Neutral at CIBC World Markets. Its shares rose 3.3% to 6.93 Tuesday and marked at 7.15 Wednesday and finished the session at 6.91/share.
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