Investing
Top Analyst Upgrades and Downgrades: Amazon, Blackstone, FireEye, Myriad Genetics, Visa, CBOE, Hershey, Vail and Many More
December 8, 2015 8:55 am
Last Updated: January 13, 2020 4:21 pm
Stocks were looking to extend losses on Tuesday after a weak showing on Monday. The trend that has lasted for over four years now is that investors have found myriad reasons to buy the pullbacks. 24/7 Wall St. reviews dozens of analyst research reports each day. The goal is to find new investing and trading ideas for our readers. Some of the daily analyst reports cover stocks to buy, and others cover stocks to sell or avoid.
These are this Tuesday’s top analyst upgrades, downgrades and initiations.
Amazon.com Inc. (NASDAQ: AMZN) was started as Overweight with an $800 price target at KeyBanc Capital Markets. Amazon closed at $669.83, has a consensus analyst price target of $285.25 and has a 52-week trading range of $285.25 to $684.82.
Blackstone Group L.P. (NYSE: BX) was downgraded to Neutral from Buy at Bank of America Merrill Lynch, and the price target was cut to $33 from $40 (versus a $30.41 prior close). The stock has a 52-week range of $28.56 to $44.43.
FireEye Inc. (NASDAQ: FEYE) was raised to Buy from Neutral and the price target was raised to $35 from $31 (versus a $20.19 close) at Citigroup. It has a consensus price target of $32.24 and a 52-week range of $19.76 to $55.33. Keep in mind that FireEye’s 52-week low was set just on Monday.
Myriad Genetics Inc. (NASDAQ: MYGN) was raised to Neutral from Sell and the price target was raised to $40 from $31 at Goldman Sachs. Myriad closed at $42.76, has a consensus target of $40.50 and has a 52-week range of $30.30 to $46.24.
Visa Inc. (NYSE: V) was reiterated as Outperform and the price target was raised to $95 from $85 at Keefe Bruyette & Woods. Shares closed at $79.55. The consensus price target is $86.07 and the 52-week range is $60.00 to $81.01.
Other key analyst upgrades, downgrades and initiations seen on Tuesday were in the following:
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