Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$ANTM, $DHI, $INTU, $NFLX, $POT
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Wednesday, as follows:
Anthem Inc. (NYSE:ANTM) analysts downgraded to Hold from Buy with a 138 price target at Jefferies. The cut is on expense concerns and lack of catalysts. Anthem has a 52-wek trading range of 115.63 – 152.44 and a consensus analyst price target of 165.82.
DR Horton Inc. (NYSE:DHI) raised to Buy from Neutral at Merrill Lynch, but the firm maintained its 36 price objective. It has a consensus price target of 35.05 and a 52-wk trading range of 22.97 – 34.56.
Intuit Inc. (NASDAQ:INTU) was downgraded to Underweight from Equal Weight with a 105 price target at Morgan Stanley. The 52-wk trading range is 84.36 – 116.97, and the consensus price target is 114.38.
Netflix Inc. (NASDAQ:NFLX) analyst downgraded to Underperform from Neutral at Macquarie, based on more competition and rising content cost concerns. Netflix was named on a list of the most expensive stocks in a high valuation market Monday. It has a 52-wk trading range of 79.95 – 133.27 and a consensus price target at 104.42.
Potash Corp. of Saskatchewan Inc. (NYSE:POT) downgraded to Outperform from Buy at CLSA. The company is merging with Agrium, shares have a consensus price target of 16.35.