Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$FB, $KMB, $SQ, $X, $YELP
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:
Facebook Inc. (NASDAQ:FB) reiterated as Buy and the price target was raised to 225 from 215 at Jefferies. Wedbush Securities reiterated its Outperform rating with a 230 price target. Credit Suisse maintained its Outperform rating but lowered its target price to 230 from 235. the Shares had a prior 52-wk trading range of 113.55 – 182.90.
Kimberly-Clark Corp. (NYSE: KMB) was raised to Buy from Hold with a 131 price target at Soc-Gen. It has a 52-wk trading range of 110.33 – 136.21, and it has a consensus analyst target price of 123.79.
Square Inc. (NYSE:SQ) was downgraded to Hold from Buy at Stifel. The do-it-yourself card swiping provider has a 52-wk trading range of 11.43 – 37.52 and a consensus target price of 30.04.
United States Steel Corp. (NYSE:X) US Steel was raised to Market Perform from Underperform with a 28 price target at Cowen on Thursday. The 52-wk trading range is 18.02 – 41.83.
Yelp Inc. (NYSE:YELP) analysts raised YELP to Outperform from Sector Perform with a 55 price target at RBC Capital Markets. Wedbush maintained its Neutral rating and 40 price target, noting it remains the top user-generated reviews platform and new business discovery tool, but the firm does not see sustainable linear growth from here. Credit Suisse reiterated its Outperform rating and raised its target price to 51 from 48. Yelp has a 52-wk trading range of 26.93 – 48.17.
Have a terrific weekend
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