Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$DBX, $GRUB, $PHG, $MRK, $NFLX

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 Wednesday, as follows:

Dropbox Inc. (NASDAQ:DBX) has seen its underwriters post-IPO quiet period come to an end. The shares have a post-IPO trading range of 27.75 – 34.83. 2.

GrubHub Inc. (NYSE:GRUB) was started as Overweight and the price target was raised to 120 at Stephens.

Koninklijke Philips N.V. (NYSE:PHG) was raised to Buy from Hold at Deutsche Bank.

Merck & Co. Inc. (NYSE:MRK) was raised to Overweight from Equal Weight at Morgan Stanley. Merck’s expanded lung cancer news helped shares close up at day, and the stock finished at 59.80 Tuesday.

Netflix Inc. (NASDAQ:NFLX) was last seen up after yet another positive earnings report with strong subscriber numbers. Netflix was maintained as Overweight and the price target was raised to 385 from 300 at KeyBanc Capital Markets. Stifel maintained its Hold rating and raised its target to 345 from 325. Wedbush Securities has maintained its Underperform rating, but it did raise its price target to 125 from 110.

Stay tuned…

  analysts, big, buy, cost, DBX, GRUB, hold, ideas, market, MRK, NFLX, PHG, price, sell, spot, target, trade, trading, Wall Street

The following two tabs change content below.

• Bio
• Latest Posts

Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

Latest posts by Paul Ebeling (see all)

• The 5 Safest Cities in the World - October 13, 2019
• Box Office: ‘Joker’ Laughs with another $55-M in North America - October 13, 2019
• US Q-3 Earnings, Here They Come - October 13, 2019