Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$DD, $GDDY, $INTC, $P, $WFC
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 analysts upgrades, downgrades and initiations for Thursday, as follows:
E.I. du Pont de Nemours and Co. (NYSE:DD) analysts started with a Buy rating and assigned a 78 price target at Nomura. DuPont has a 52-wk trading range of 50.71 – 75.72, and it has a consensus analyst price target of 74.43.
GoDaddy Inc. (NYSE:GDDY) started as Buy with a 42 price target at Cantor Fitz. It has a 52-wk trading range of 23.88 to 36.30 and a consensus target price at 37.38.
Intel Corp. (NASDAQ:INTC) closed – 5.93% at 35.51 after solid earnings and a PC recovery on Wednesday in New York. Intel was maintained as Buy at UBS but the target was cut to 40 from 43. Citigroup maintained its Neutral rating and cut the target price to 36 from 38. Goldman Sachs maintained a Neutral rating and cut its target to 36 from 39.
Pandora Media Inc. (NYSE:P) analysts raised to Overweight from Equal Weight at Morgan Stanley. The 52-wk trading range is 7.10 – 19.59, and the consensus price target is 15.16.
Wells Fargo & Co. (NYSE:WFC) downgraded to Market Perform from Outperform at FBR Capital Markets. It has a 52-wk trading range of 43.55 – 56.34. This US domestic banking giant has seen more downgrades than upgrades since its fake accounts scandal.
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