Top Analyst Upgrades and Downgrades: Allergan, Amazon, Chipotle, Netflix, QIWI, Sarepta and More
Diamondback Energy Inc. (NASDAQ: FANG) was raised to Buy from Neutral with a $101 price target (versus a $87.99 close) at Roth Capital.
Digital Realty Trust Inc. (NYSE: DLR) was raised to Buy from Hold at Deutsche Bank and the price target was raised to $68 from $56 (versus a $61.23 close). Its yield is still 5.7% despite almost a 50% rise from its 52-week low.
Five Below Inc. (NASDAQ: FIVE) was raised to Outperform from Market Perform and given a $41 to $42 value (versus a $34.40 close) at Wells Fargo.
Halliburton Co. (NYSE: HAL) was reiterated as Buy and the price target was raised to $84 from $79 at Argus.
Huntington Bancshares Inc. (NASDAQ: HBAN) was raised to Outperform with a $11.50 price target (versus a $9.74 close) at Keefe Bruyette & Woods.
Netflix Inc. (NASDAQ: NFLX) was mixed after earnings, but we have seen some analyst price targets lifted: RBC raised to $530 from $500 and FBR raised to $440 from $390. Sterne Agee maintained a Neutral but lowered estimates. Credit Suisse maintained a Neutral but raised its target to $430 from $369.
QIWI PLC (NASDAQ: QIWI) has been smacked due to its online payment system exposure in Russia, but the company was started as Positive with a price target of $50 (versus a $37.58 close) at Susquehanna.
Realogy Holdings Corp. (NYSE: RLGY) was raised to Buy from Neutral at Citigroup.
Sanmina Corp. (NASDAQ: SANM) was raised to Hold from Sell at Deutsche Bank.
Sarepta Therapeutics Inc. (NASDAQ: SRPT) was started as Neutral at Merrill Lynch, but the firm issued a $27 price objective (versus a $21.57 close) and it also said that it has significant potential but is very risky.
SunTrust Banks Inc. (NYSE: STI) downgraded to Equal Weight from Overweight at Evercore.
Valspar Corp. (NYSE: VAL) was raised to the prized Conviction Buy List at Goldman Sachs, but the hike was up all the way from Neutral. The price target was raised to $97 from $83, versus a $76.18 close.
In case you missed Monday’s top analyst upgrades and downgrades, they included Apple, ARM Holdings, DaVita Healthcare, GE, GoPro, Itron, Regeneron Pharmaceuticals and many more.