Investing
Top Analyst Upgrades and Downgrades: Arcelor Mittal, Chesapeake Energy, Domino's, Juniper Networks, 3M, QEP Resources, Starbucks, YuMe and More
April 12, 2016 9:05 am
Last Updated: January 13, 2020 10:53 am
Avon Products Inc. (NYSE: AVP) was downgraded to Neutral from Overweight with a price target of $5 (versus a $4.85 close) at Piper Jaffray. The consensus price target is $4.57, and Avon has a 52-week range of $2.21 to $9.47.
Booz Allen Hamilton Holding Corp. (NYSE: BAH) was downgraded to Market Perform from Outperform at Raymond James.
Corporate Office Properties Trust (NYSE: OFC) was raised to Outperform from Neutral with a $29 price target (versus a $26.06 close) at Credit Suisse.
Entergy Corp. (NYSE: ETR) was raised to Buy from Neutral at Bank of America Merrill Lynch. Shares closed most recently at $76.82, while the consensus price target is $76.38 and the 52-week range is $61.27 to $80.06.
Hilton Worldwide Holdings Inc. (NYSE: HLT) was started as Buy and was assigned a $27 price target (versus a $22.30 close) at CLSA. It has a consensus price target of $26.05 and a 52-week range of $16.16 to $31.60.
Insys Therapeutics Inc. (NASDAQ: INSY) was maintained as Buy but the target price was cut to $17 from $23 at Jefferies. The firm noted that the impact of lower revenue was much more pronounced than anticipated and warned that scrutiny on opioid prescribing has had an impact on physician behavior.
PHH Corp. (NYSE: PHH) was downgraded to Neutral from Buy with a $13 target (versus a $10.28 close) at Sterne Agee.
SAP A.G. (NYSE: SAP) was raised to Buy from Hold at Berenberg. The American depositary shares closed at $76.90 and were indicated up at $77.15 on Tuesday morning. SAP has a consensus price target of $90.38 and a 52-week range of $62.57 to $81.24.
Spark Therapeutics Inc. (NASDAQ: ONCE) was started as Buy at Evercore.
STORE Capital Corp. (NYSE: STOR) was started as Buy with a $28 fair value estimate (versus a $26.49 close) at Janney.
T2 Biosystems Inc. (NASDAQ: TTOO) was downgraded to Neutral from Buy and the fair value estimate was cut to $8 from $13 at Janney.
If you missed Monday’s top analyst upgrades and downgrades, they included Alphabet, Exelon, Kinross Gold, Noble, Potash, Seagate Technology, Western Digital and a dozen or so more.
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Editors' Picks
