Investing
Top Analyst Upgrades and Downgrades: Barrick Gold, Caterpillar, ConocoPhillips, PNC Financial, Tonix Pharma, Spirit Realty and More
September 7, 2016 8:55 am
Last Updated: January 13, 2020 3:52 am
Bio-Rad Laboratories Inc. (NYSE: BIO) was reiterated as Buy at Jefferies, and the price target was raised to $225 from $200 (versus a $151.66 close), as it was called defensive and cheap.
Celanese Corp. (NYSE: CE) was downgraded to Neutral from Buy at Citigroup.
DineEquity Inc. (NYSE: DIN) was raised to Overweight from Sector Weight with a $90 price target (versus a $78.29 close) at KeyBank Capital Markets.
Eastman Chemical Co. (NYSE: EMN) was downgraded to Neutral from Buy at Citigroup.
Intersil Corp. (NASDAQ: ISIL) was downgraded to Hold from Buy with a $21 price target (versus a $19.75 close) at Stifel.
Ligand Pharmaceuticals Inc. (NASDAQ: LGND) was raised to Hold from Sell and the price target was cut to $105 from $110 (versus a $108.04 close) at Deutsche Bank.
Leidos Holdings Inc. (NYSE: LDOS) was started as Buy with a $54 price target (versus a $41.55 close) at Argus.
Maxim Integrated Products Inc. (NASDAQ: MXIM) was downgraded to Sector Perform from Outperform at RBC Capital Markets.
Marvell Technology Group Ltd. (NASDAQ: MRVL) was started as Neutral at Goldman Sachs with a $12 price target (versus a $12.94 close). Jefferies maintained its Hold rating and $13 price target.
Momenta Pharmaceuticals Inc. (NASDAQ: MNTA) was downgraded to Sell from Hold with a $6 price target (versus a $12.23 close) at Maxim.
Royal Caribbean Cruises Ltd. (NYSE: RCL) was downgraded to Hold from Buy at Argus.
Spectra Energy Corp. (NYSE: SE) was downgraded to Outperform from Strong Buy with a $44 price target (versus a $41.00 close) at Raymond James.
Wesco International Inc. (NYSE: WCC) was downgraded to Perform from Outperform at Oppenheimer.
More grouped research calls have been shown as follows:
- Get ready for eight big dividend hikes before year-end.
- Merrill Lynch four big dividends to buy.
- One team has four large cap dividends to buy and hold forever.
- Four solid dividend payers buying back massive amounts of stock.
Tuesday’s top analyst calls were in Biogen, Broadcom, Dollar Tree, Gilead, Mondelez, Urban Outfitters and a dozen more companies.
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