Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$XOM, $IP, $JCP, $LULU, $ULTA
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Monday, as follows:
Exxon Mobil Corp. (NYSE:XOM) analysts started as Market Perform with a 78 price target at BMO Capital Markets. It has a 52-wk trading range of 71.55 – 95.55 and a consensus analyst price target of 88.52.
International Paper Co. (NYSE:IP) reiterated as Buy and the price target was raised to 56 from 49 at Argus. Despite recently outperforming the market, Argus sees value at a discount to peers. The stock has a 52-wk trading range of 32.50 – 49.90 and a consensus target price of 50.93.
JC Penney Co. Inc. (NYSE:JCP) analysts raised to Buy from Neutral with a 12 price objective at Merrill Lynch. Shares have a consensus target price of 11.79. The 52-wk trading range is 6.00 – 11.99.
Lululemon Athletica Inc. (NASDAQ:LULU) analysts downgraded to Sell from Hold with a 44 price target at Canaccord Genuity. It has a 52-wk trading range is 44.62 – 81.81. Its consensus price target was 68.00 before the call.
Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ: ULTA) reiterated as Outperform with a 300 price target at Oppenheimer. The 52-wk trading range is 146.77 – 278.63, and the consensus price target at 295.72.
Have a terrific week