Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$ADP, $BHP, $BKNG, $CLDR, $EXPE

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 outlook for Key issues for Thursday, as follows:

Automatic Data Processing Inc. (NASDAQ:ADP) was maintained as Hold and the price target was cut to 126 from 133 at Stifel.

BHP Billiton Ltd. (NYSE:BHP) was raised to Sector Perform from Underperform at RBC Capital Markets, with the firm noting that its coal exposure is a plus.

Booking Holdings Inc. (NASDAQ:BKNG) was started as Outperform with a $2,500 price target at Wedbush Securities. The firm noted a best-in-class OTA that is poised to capitalize on secular growth.

Cloudera Inc. (NYSE:CLDR) Stifel analysts maintained its Buy rating but lowered its target to 19 from 24. Morgan Stanley downgraded the stock to Neutral from Overweight, and Deutsche Bank downgraded it to Hold from Buy.

Expedia Inc. (NASDAQ:EXPE) was started as Neutral with a 117 price target at Wedbush. The firm is awaiting a payback from ample investments.

Stay tuned…

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