Top Analyst Upgrades and Downgrades: GoPro, Illumina, Mattel, Match, Peabody, Petrobras, Wayfair, Yahoo and More

Investing

Published: February 4, 2016 8:55 am

Last Updated: January 13, 2020 1:39 pm

Stocks were indicated lower on Thursday after having been in positive territory in the wee-hours of the futures trading. Another rally has been used as an opportunity to sell, even if the prior four-year trend was to buy the dips.

24/7 Wall St. reviews dozens of analyst reports each morning. The goal is to find new investing and trading ideas for its readers. Some of these analyst reports are on stocks to buy, whiles cover stocks to sell or to avoid.

These are the top analyst upgrades, downgrades and initiations seen on Thursday, February 4, 2016.

GoPro Inc. (NASDAQ: GPRO) traded lower after disappointing earnings and announcing a new chief financial officer. It was downgraded to Neutral from Buy with a $10.00 price target at Sterne Agee CRT. Shares were indicated down 14.5% or so at $9.15, and its 52-week trading range was $9.90 to $65.49.

Illumina Inc. (NASDAQ: ILMN) was downgraded to Hold from Buy and the price target was cut to $160 from $205 (versus a $149.46 prior close) at Canaccord Genuity. Piper Jaffray had just raised its rating to Overweight the previous day. The consensus analyst target is $186.95, and the 52-week range is $130.00 to $242.37.