Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AMD, $FIT, $HES, $LULU, $PCLN
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Friday, as follows:
Advanced Micro Devices Inc. (NASDAQ:AMD) analysts raised to Buy from Underperform with a 12 price objective up from 5 at Merrill Lynch. Merrill Lynch even gave a 15 Bullish case and 7 Bearish case. AMD was up 4% at 9.95 Thursday, in a prior 52-wk trading range of 1.75 – 9.79.
Fitbit Inc. (NYSE:FIT) analysts downgraded to Hold from Buy and the price target was cut in half to 9 at Deutsche Bank. It has a 52-wk trading range of 7.81 – 31.85.
Hess Corp. (NYSE:HES) raised to Overweight from Neutral with a 65 price target at JPMorgan. The 52-wk trading range is 32.41 – 63.76, and the consensus price target is 63.50.
Lululemon Athletica Inc. (NASDAQ:LULU) shares finished up 15% at 68.84 after beating earnings and adding $100-M to a share buyback plan, It was raised to Neutral from Underperform at Merrill Lynch. Mizuho raised to Buy from Neutral. Wedbush raised its target to 81 from 70 and reiterated an Outperform rating, while Jefferies maintained its Hold rating but raised its target to 64 from 61. The 52-wk trading range is 44.62 – 81.81.
Priceline Group Inc. (NASDAQ:PCLN) analysts started as Buy with a 1,900 price target at CLSA. It has a 52-wk trading range of 954.02 – 1,600.93 and a consensus analyst target at 1,712.