Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$ALLY, $CISN, $CIT, $HOG, $KBH, $MRVL
Below is a list of Wall Street’s Top analysts outlook for Key issues for Monday, as follows:
Ally Financial Inc. (NYSE:ALLY) upgraded to Buy from Neutral and the fair value estimate was raised to 36 from 33 at Janney after being allowed to boost its payouts. The stock has a consensus target price of 33.25.
Cision Ltd. (NYSE: CISN) analysts started as Outperform and assigned a 19 price target at Cowen. The consensus target price is 18.25, and the 52-wk trading range is 10.00 – 17.07.
CIT Group Inc. (NYSE:CIT) was started with a Buy rating at Compass Point. The stock has a 52-wk trading range of 43.25 – 56.14 and a consensus analyst target of 55.85.
Harley-Davidson Inc. (NYSE:HOG) Morgan Stanley maintained its Overweight rating but cut its target price to 53 from 54. Harley-Davidson has a consensus target price of 46.92 on last look, and its 52-wk trading range is 39.34 – $56.50.
KB Home (NYSE:KBH) was raised to Buy from Underperform at Merrill Lynch, and the firm raised its price objective to 37 from 32.
Marvell Technology Group Ltd. (NASDAQ:MRVL) was reiterated as Buy with a 28 price target at Argus. The independent research firm noted that the freshly approved acquisition of Cavium Networks will allow Marvell to become a much more diverse company in a range of fast-growing markets.
Have a terrific 4th of July Freedom Week
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