Investing
Top Analysts Upgrades and Downgrades: AMD, Comerica, General Mills, Mastercard, Vertex Pharmaceuticals and More
December 15, 2016 8:55 am
Last Updated: January 12, 2020 4:44 pm
Allegiant Travel Co. (NASDAQ: ALGT) was started with an Underweight rating at Barclays. The 52-week trading range for the shares is $121.70 to $183.91. The consensus price target is set at $175. The shares closed Wednesday at $165.75.
Alexion Pharmaceuticals Inc. (NASDAQ: ALXN) was started at Perform at Oppenheimer. The 52-week range is $109.143 to $193.45. The consensus price target is $170, and the shares closed Wednesday at $113.52.
Buckeye Partners L.P. (NYSE: BPL) was downgraded to Neutral from Buy at Goldman Sachs. The 52-week is $47.07 to $75.10, and the consensus price target is $76.92. The stock closed Wednesday at $63.88.
Envision Healthcare Holdings Inc. (NYSE: EVHC) was resumed with an Overweight rating at Barclays. The 52-week range is $18.31 to $74.75. The consensus price objective is $40.90, and the stock closed way above that level at $66.00.
HEICO Corp. (NYSE: HEI) is raised to Outperform from Neutral at Credit Suisse. The 52-week range is $48.48 to $82.37, and the consensus price target is $78. The stock closed down over 4% yesterday at $75.63.
Molina Healthcare Inc. (NYSE: MOH) was downgraded to Hold from Buy at Jefferies. The 52-week range is $44.50 to $67.87, and the consensus price target is $60.30. The stock closed yesterday at $54.39.
Pinnacle Foods Inc. (NYSE: PF) was started at Overweight at JPMorgan. The 52-week range is $39.15 to $52.79. The consensus price objective is $55.07. The stock closed Wednesday at $50.51.
Tallgrass Energy Partners L.P. (NYSE: TEGP) was downgraded to Sell from Neutral at Goldman Sachs. It has traded in a 52-week range of $9.66 to $27.79. The consensus price target is $26.67, so this is possibly a valuation call.
Xilinx Inc. (NASDAQ: XLNX) was raised to Overweight from Equal Weight at Morgan Stanley. The 52-week range is $40.44 to $57.19. The shares closed on Wednesday at $56.73.
Zoetis Inc. (NYSE: ZTS) was raised to Outperform at Cowen, and it was also resumed at Overweight at Piper Jaffray. The company, which makes pharmaceuticals for animals, has traded in a 52-week range of $38.26 to $53.14. The consensus price target it $56.43, and the shares closed most recently at $50.84.
If you missed Wednesday’s top analyst upgrades and downgrades, the included CONSOL Energy, Kroger, 3M, NVIDIA, Qualcomm, Xilinx and many more.
Also, Credit Suisse has five top pick energy MLPs for 2017.
Five dividend stocks you can still buy, even with the market at record highs.
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