Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$GS, $OMF, $PLCN
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 Wednesday, as follows:
Goldman Sachs Group Inc. (NYSE:GS) analysts downgraded to Neutral from Buy at Citigroup. After rising 3.2% to $181.48 on Monday’s close, in a 52-wk trading range of 138.20 – 198.93, Goldman Sachs has a consensus price target of 187.48.
OneMain Holdings Inc. (NYSE:OMF) OneMain was maintained as Buy but the price target was cut to 30 from 40 at Jefferies. Wedbush Securities downgraded it to Neutral from Outperform, and the price target was cut to 30 from 45 as well. Merrill Lynch slashed its rating to Underperform from Buy with a 21 price objective. The 52-wk trading range is 18.55 – 49.56, and the prior consensus price target was 40.91.
Priceline Group Inc. (NASDAQ:PCLN) analysts reiterated as Buy and the price target was raised to 1,800 from 1,700 at Jefferies. JMP Securities reiterated its Outperform rating, and the price target was raised to 1776. UBS maintained its Neutral rating and 1,600 target. The 52-wk trading range is 954.02 – 1,501.79.