Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$SBUX, $TRV, $WHR, $AUY
Below is a list of Wall Street’s Top analysts outlook for Key issues for Monday, as follows:
Starbucks Corp. (NASDAQ:SBUX) Wedbush maintained its Outperform rating with a 70 price target, noting that the 2% same-store sales growth will be offset by a tax contribution that was better than expected. Credit Suisse maintained its Neutral rating on Starbucks.
Travelers Companies Inc. (NYSE:TRV) analysts raised to Neutral from Underweight at Atlantic Equities. The stock closed up 0.6% at 148.47 Friday, and the frequently forgotten DJIA component has a 52-wk trading range of 113.76 – 148.88. Travelers had a consensus target price of 141.65.
Whirlpool Corp. (NYSE:WHR) was downgraded to Sector Weight from Overweight at KeyBanc Capital Markets. It has a 52-wk trading range of 158.80 – 202.99.
Yamana Gold Inc. (NYSE:AUY) analysts raised to Outperform from Neutral with a 4.25 price target at Credit Suisse. The 52-wk trading range is 2.21 – 3.80, and the consensus target price is 3.74.
Note: Credit Suisse has raised its Gold outlook for Y 2018, noting USD weakness driving the price to an average of 1,375 oz or higher this year.
Have a terrific week.