Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$EFX, $QCOM, $CRM, $SNAP
Below is a list of Wall Street’s Top analysts upgrades, downgrades and initiations for Thursday, as follows:
Equifax Inc. (NYSE:EFX) was started as Neutral and assigned a 116 price target at Goldman Sachs. After the troubles that Equifax has had with its breach, maybe this is viewed as a win that it was not a “Sell” rating. The stock has a 52-wk trading range of 89.59 – 147.02 and a consensus analyst price target at 123.23.
Salesforce.com Inc. (NYSE:CRM) was reiterated as Buy and the price target was raised to 120 from 110 at Stifel. The 52-wk trading range is 66.43 – 105.00, and the consensus target price is 108.51.
Snap Inc. (NYSE:SNAP) Multiple downgrades have been seen based on poor business metrics. Canaccord Genuity maintained a Neutral rating and has a 9 target. Stifel cut its rating to Hold, RBC cut its rating to Sector Perform, and UBS cut its rating to Sell from Neutral. Snap has a 52-wk trading range of 11.28 – 29.44.
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