Wall Street’s Top Analysts’ Upgrades, Downgrades & Initiations
$CLH, $EGO, $XOM, $FSLR, $HD
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 Streets top analyst upgrades, downgrades and initiations for Thursday, as follows:
Clean Harbors Inc. (NYSE:CLH) analysts’ started as Overweight and was assigned a 58 price target at Barclays. The consensus price target is 51.25. The 52-wk trading range is 37.09 – 57.86.
Eldorado Gold Corp. (NYSE:EGO) raised to Outperform from Sector Perform at Scotia Capital. This is after Credit Suisse raised its target and after the company sold Chinese assets. The stock has a consensus analyst price target of 5.15 and a 52-wk trading range of 1.87 – 5.16.
Exxon Mobil Corp. (NYSE:XOM) was raised to Buy and the price target was set at 104 at Argus, the upgrade reflects its diverse asset base, secure dividend, cost controls and favorable valuation Vs peers. The consensus price target is 84.93, while the 52-wk trading range is 66.55 – 90.00.
First Solar Inc. (NASDAQ:FSLR) analysts maintained FSLR as Buy at Argus, but the firm cut the price target to 66 from 90 in the call. Argus says that First Solar remains the best positioned solar company based on profits, cost-effective technology and strong balance sheet and cash flow. The consensus price target is 74.34, and the 52-wk trading range is 40.25 – 74.29.
Home Depot Inc. (NYSE:HD) was reiterated as Outperform and the price target was raised to 147 from 145 at Credit Suisse. It has a consensus price target of 147.09 and a 52-wk trading range of 92.17 – 137.82