Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$ABX, $BWLD, $CAT, $GRUB, $NBR, $WYNN

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 Street’s Top analysts upgrades, downgrades and initiations for Friday, as follows:

Barrick Gold Corp. (NYSE:ABX) analysts downgraded to Neutral from Outperform and the price target was cut to 19 from 22 at Credit Suisse. Barrick Gold has a 52-wk trading range of 13.81 – 20.78 and a consensus analyst price target at 19.71.

Buffalo Wild Wings Inc. (NASDAQ:BWLD) Dougherty raised its rating to Buy from Neutral with a 150 target. Maxim Group reiterated its Buy rating and raised its target to 160. Credit Suisse maintained its Neutral rating. Buffalo Wild Wings has a 52-wk trading range of 95.00 – 175.10.

Caterpillar Inc. (NYSE:CAT) analysts reiterated as Buy but the price target was raised to 155 from 130 at Argus, with the firm raising its EPS estimates to 6.21 from 4.98 for Y 2017 and to 8.30 from 6.20 for Y 2018. Caterpillar has a 52-wk trading range of 80.33 – 140.44 and a consensus price target at 142.10.

GrubHub Inc. (NYSE:GRUB) was maintained as Overweight and the target price was raised to 63 from $59 at Morgan Stanley. Stifel maintained its Buy rating and raised its target to 63 from 60. Credit Suisse maintained its Neutral rating but raised its target to 58 from 53. GrubHub had a prior 52-wk trading range of 42.43 – 57.93 and a consensus price target at 56.04.

Nabors Industries Ltd. (NYSE:NBR) was maintained as Outperform but the price target was lowered to 8.50 from 10.50 at Cowen. Credit Suisse maintained its Outperform rating but lowered its price target to 8 from 9. Nabors has a 52-wk trading range of 5.65 – 18.40, and it had a consensus target price of 9.71.

Wynn Resorts Ltd. (NASDAQ:WYNN) was started with a Buy rating and assigned a 163 price target at Roth Capital. The 52-wk trading range is 82.51 – 150.40, and the consensus price target is 149.21.

Have a terrific weekend

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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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