Investing
Top Analyst Upgrades and Downgrades: Caterpillar, Chesapeake Energy, Exxon, Snap, Symantec, Whole Foods, Yelp and More
May 11, 2017 9:10 am
Last Updated: January 12, 2020 12:07 pm
Abercrombie & Fitch Co. (NYSE: ANF) Was downgraded to Sell from Hold with a $12 price target at Wunderlich.
Acacia Communications Inc. (NASDAQ: ACAC) was downgraded to Equal Weight from Overweight at Morgan Stanley.
Albany Molecular Research Inc. (NASDAQ: AMRI) was downgraded to Equal Weight from Overweight at Morgan Stanley.
American Renal Associates Holdings Inc. (NYSE: ARA) was raised to Outperform from Market Perform at Wells Fargo.
Ascendis Pharma A/S (NASDAQ: ASND) was started with an Overweight rating and assigned a $36 price target (versus a $27.64 close) at JPMorgan.
Carlyle Group L.P. (NASDAQ: CG) was raised to Outperform from Neutral at Credit Suisse.
ConocoPhillips (NYSE: COP) was downgraded to Neutral from Buy and the price target was lowered to $67 from $68 (versus a $47.35 close) at Merrill Lynch.
GW Pharmaceuticals PLC (NASDAQ: GWPH) was reiterated as Sell with a $61 price target (versus a $106.01 close) at Janney, with the firm noting that the potential rare pediatric disease voucher does still add value.
Marathon Oil Corp. (NYSE: MRO) was downgraded to Neutral from Buy at Merrill Lynch.
Pegasystems Inc. (NASDAQ: PEGA) was reiterated as Outperform and the price target was raised to $60 from $50 (versus a $47.55 close) at Wedbush.
Priceline Group Inc. (NASDAQ: PCLN) was reiterated as Buy and the price target was raised to $2,100 from $1,950 at Argus.
Synovus Financial Corp. (NYSE: SNV) was raised to Buy from Neutral with a $50 price objective at Merrill Lynch.
Terex Corp. (NYSE: TEX) was downgraded to Underperform from Neutral and the price objective was cut to $28 from $36 at Merrill Lynch.
Vitamin Shoppe Inc. (NYSE: VSI) was raised to Equal Weight from Underweight but the price target was cut to $14 from $22 at Morgan Stanley.
Wendy’s Co. (NASDAQ: WEN) was maintained as Overweight but the target price was raised to $18 from $16 at Stephens. Wedbush maintained a Neutral rating but raised its target price to $16 from $14.
Wesco Aircraft Holdings Inc. (NYSE: WAIR) was reiterated as Underperform and the price objective was lowered to $9 (versus an $8.35 close) at Merrill Lynch.
Wolverine World Wide Inc. (NYSE: WWW) was reiterated as Outperform and the price target was raised to $31 from $30 (versus a $26.04 close) at Wedbush.
Wednesday’s top analyst calls included Alibaba, Electronic Arts, NVIDIA, Occidental Petroleum, SeaWorld, Yelp and many more.
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