Investing
Top Analyst Upgrades and Downgrades: GoPro, Illumina, Mattel, Match, Peabody, Petrobras, Wayfair, Yahoo and More
February 4, 2016 8:55 am
Last Updated: January 13, 2020 1:39 pm
Abaxis Inc. (NASDAQ: ABAX) was started as Underperform with a $39 price target (versus a $42.42 close) at Credit Suisse.
Alexion Pharmaceuticals Inc. (NASDAQ: ALXN) was maintained as Hold at Jefferies, but the firm lowered its price target to $165 from $190.
Buffalo Wild Wings Inc. (NASDAQ: BWLD) was downgraded to Neutral at Longbow, and its target was cut to $142 at Credit Suisse. Jefferies lowered its target to $152 from $163 and maintained its Hold rating.
Cree Inc. (NASDAQ: CREE) was raised to Outperform from Market Perform at Northland Securities.
Franklin Resources Inc. (NYSE: BEN) was maintained Sector Perform but its price target was cut to $38 at RBC Capital Markets.
IAC/InterActiveCorp (NASDAQ: IACI) was maintained as Hold at Jefferies, but the firm lowered its price target to $55 from $73 (versus a $50.68 close) after earnings.
Intrawest Resorts Holdings Inc. (NYSE: SNOW) was downgraded to Neutral from Outperform at Macquarie.
National Oilwell Varco Inc. (NYSE: NOV) was maintained as Hold at Jefferies, but the firm cut its target price to $27 from $34. Credit Suisse lowered its price target to $21 from $26.
Pacific Biosciences of California Inc. (NASDAQ: PACB) was downgraded to Neutral from Overweight with a $11 price target at Piper Jaffray.
PennyMac Mortgage Investment Trust (NYSE: PMT) was downgraded to Market Perform from Outperform at Wells Fargo.
Shutterfly Inc. (NASDAQ: SFLY) was downgraded to Neutral from Buy with a $44 price objective (versus a $39.63 close) at Bank of America Merrill Lynch. Jefferies kept its Hold rating in place but trimmed its price target to $46 from $47.
Westinghouse Air Brake Technologies Corp. (NYSE: WAB) was downgraded to Neutral from Buy and the price target was cut to $68 from $87 (versus a $63.73 close) at Goldman Sachs.
Whirlpool Corp. (NYSE: WHR) was raised to Buy from Neutral with a $174 price target (versus a $135.08 close) at Goldman Sachs.
If you missed Wednesday’s top analyst upgrades and downgrades, they were in shares of AIG, Baidu, Chipotle Mexican Grill, Dow Chemical, Mallinckrodt, Palo Alto Networks, Tesla, Xilinx and over a dozen more companies.
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