Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$FANG, $HP, $MTH, $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:

Diamondback Energy Inc. (NASDAQ:FANG) saw its price target raised at Jefferies to 177 from 170, and the analysts reiterated the firm’s Buy rating. The consensus price target for the Permian Basin exploration and production company is 159.38.

Helmerich and Payne Inc. (NYSE:HP) was raised to Buy from Hold and saw its price target raised to 80 from 72 at Jefferies. The consensus price target is 68. The analysts cite the 13% price drop over the past month as unwarranted.

Meritage Homes Corp. (NYSE:MTH) had coverage resumed at Citigroup with a Buy rating and a 55 price target. The consensus price target is set at 55.73.

Netflix Inc. (NASDAQ:NFLX) saw its price target raised to 460 from 375 at Monness Crespi & Hardt. The analysts cited strong growth and improved margins. The consensus price target for the entertainment giant is 334.95. The shares ended trading on Tuesday at 404.98.

Stay tuned…

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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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