Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$ORCL, $SIRI, $LUV, $WEN
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:
Oracle Corp. (NYSE:ORCL) The company beat expectations last week, but its cloud revenues were deemed light. Wedbush Securities maintained its Outperform rating and kept its target at 58. Jefferies reiterated its Buy rating and raised its target to 61 from 60.
Sirius XM Holdings Inc. (NASDAQ:SIRI) was started with a Sector Perform rating and assigned a 6 price target at RBC Capital Markets. Sirius XM has a 52-wk trading range of 4.05 – 5.89, and this 6 target is above the consensus analyst target price of 5.67.
Southwest Airlines Co. (NYSE:LUV) analysts raised to Overweight from Neutral with a 66 price target at JPMorgan. Southwest shares have a 52-wk trading range of 36.31 – 64.39.
Wendy’s Co. (NASDAQ:WEN) analysts raised to Buy from Neutral at Longbow Research, and the firm raised its price target to 18. Wendy’s shares finished at 15.73 Friday in New York.
Have a terrific week.