Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
Below is a list of Wall Street’s Top analysts outlook for Key issues for Thursday, as follows:
International Paper Co. (NYSE:IP) was raised to Outperform from Market Perform with a 67 price objective at RBC Capital Markets. That compares with the consensus price target of 65.69.
Medtronic PLC (NYSE:MDT) was resumed with a Market Perform rating at William Blair. The 52-wk trading range for the medical devices giant is 76.41 – 89.72. The consensus price target is 94.19.
Sage Therapeutics Inc. (NASDAQ:SAGE) was started with a Buy rating and a 230 price target at Ladenburg Thalmann. The consensus price target is 205, and the stock closed trading on Wednesday at 154.06.
Valeant Pharmaceuticals International Inc. (NYSE:VRX) was raised to Overweight from Equal Weight at Barclays. The 52-wk trading range for the specialty pharmaceutical company is 10.94 – 24.43, and the consensus price target is 20.73. The stock ended trading on Tuesday at 23.59, up over 7%, and shares finished Wednesday at 25.41, or + 7.72%.
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