Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$FLS, $MCD, $NKE, $TRIP, $VASC, $V
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Tuesday, as follows:
Flowserve Inc. (NYSE:FLS) analysts price target raised to 135 from 123 at Stifel, which maintained a Buy rating. The firm cited the company’s broad exposure to the Crude Oil and Nat Gas markets for the price increase. The 52-wk trading range is 33.86 – 52.50. The consensus price objective is 44.
McDonald’s Corp. (NYSE:MCD) analysts raised to Buy from Neutral at Nomura. The 52-wk trading range for the fast-food giant is 110.33 – 131.96. The consensus Wall Street price objective is 127.24.
Nike Inc. (NYSE:NKE) is raised to Buy from Hold at HSBC Securities. The 52-wk trading range for the apparel and sports shoe giant is 49.01 – 68.18. The firm may see solid value at these trading levels.
TripAdvisor Inc. (NASDAQ:TRIP) raised to Hold from Sell at Stifel. The 52-wk trading range is 45.95 – 87.50 The consensus price objective is posted at 53.80.
Vascular Solutions Inc. (NASDAQ:VASC) was downgraded to Hold from Buy at Canaccord Genuity and from Overweight to Neutral at Piper Jaffray. Shares have traded in a 52-wk trading range of 24.34 – 57.15. These downgrades reflect the 56 takeout offer the company received last week from Teleflex.
Visa Inc. (NYSE:V) is raised to Buy from Neutral at Guggenheim. The 52-wk trading range for the shares is 66.12 – 83.96. The consensus price target for the credit card giant is 93.70.