Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations


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 Monday, as follows:

Brinker International Inc. (NYSE:EAT) was raised to Outperform from Sector Perform with a 49 price target at RBC Capital Markets.

Carbonite Inc. (NASDAQ:CARB) was reiterated as Outperform and the price target was raised to 36 from 30 at JMP Securities. The stock has a consensus target price at 30.57.

Chipotle Mexican Grill Inc. (NYSE:CMG) was downgraded to Hold from Buy with a 435 price target at Maxim Group. This call is after a slew of upgrades and price target hikes after stronger earnings, but many ratings remain quite cautious despite the recovery of about 60% from its 52-wk lows at the peak of its food-panic issues.

Facebook Inc. (NASDAQ:FB) was raised to Buy from Hold and the price target was raised to 202 from 175 at Stifel. Facebook has a 52-wk trading range of 144.42 – 195.32.

Flex Ltd. (NASDAQ:FLEX) was downgraded to Market Perform from Outperform at Raymond James. Stifel maintained its Buy rating but cut its target to 19 from 22.

General Electric Co. (NYSE:GE) was maintained as Hold at Stifel, but the firm did raise its price target to 15 from 13. Shares have a consensus analyst target of 17.40 and a 52-wk range of 12.73 – 29.47.

Have a terrific week.

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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.

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