Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$ADI, $FSLR, $HPE, $INTC, $URBN
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 Friday, as follows:
Analog Devices, Inc. (NASDAQ:ADI) analyst raised to Buy from Neutral with a 85 price target at BofA Merrill Lynch. Analog Devices has a 52-wk trading range of 47.24 – 74.87 and has a consensus analyst price target of 73.31.
First Solar, Inc. (NASDAQ: FSLR) analysts downgraded to Neutral from Outperform at Macquarie. First Solar has a 52-wk trading range of 28.60 – 74.29 and it has a consensus analyst target at 37.00.
Hewlett Packard Enterprise Company (NYSE: HPE) maintained as Buy but the price target was cut to 27 from 29 at Jefferies. Mizuho has a Neutral rating but they raised their target to 22 – 20.
Intel Corp. (NASDAQ: INTC) analysts reiterated as Buy with a 45 price target at Argus based upon AI and deep learning sales coming next year. Intel has a 52-wk trading range of 27.68 – 38.36 and has a consensus analyst price target of 40.26.
Urban Outfitters, Inc. (NASDAQ: URBN) reiterated as Buy with a 45 price target at Jefferies. Wedbush Securities maintained its Neutral rating and 34 target after results and margins look lower, while Wunderlich downgraded Urban Outfitters to Hold from Buy and the target was cut to 32 from 40.
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