Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
Below is a list of Wall Street’s Top analysts outlook for Key issues for Wednesday, as follows:
Cimarex Energy Co. (NYSE:XEC) was raised to Buy from Hold and the target price was raised to 142 from 138 at KLR Group.
Etsy Inc. (NASDAQ:ETSY) was reiterated as Buy and the price target was raised to 26 from 20 at D.A. Davidson.
Gates Industrial Corp. PLC (NYSE:GTES) was started as Outperform with a 21 price target at Credit Suisse. RBC Capital Markets started the stock as Outperform with 22 price target. KeyBanc Capital Markets started it with an Overweight rating and assigned a 22 price target.
Home Depot Inc. (NYSE:HD) analysts reiterated as Buy and with a 219 price objective at Merrill Lynch in its flash note after earnings, noting that it ended its year on a very strong note and noting that guidance was likely conservative. Home Depot trades in a 52-wk range of 143.25 – 207.71 and with a consensus analyst target price at 211.13.
IMAX Corp. (NYSE:IMAX) was reiterated as Outperform with a 30 price target at Wedbush Securities. The pre-earnings call signaled that Wedbush expects Q-4 earnings ahead of consensus estimates on better margins.
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