Investing
Top Analyst Upgrades and Downgrades: Apache, Apple, Berkshire Hathaway, eBay, GrubHub, Hess, Nike, Nucor, Wayfair and More
September 14, 2017 8:55 am
Last Updated: March 20, 2020 11:17 am
AmerisourceBergen (NYSE: ABC) was downgraded to Equal Weight from Overweight and the price target was cut to $91 from $94 at Morgan Stanley.
Beazer Homes USA Inc. (NYSE: BZH) was raised to Overweight from Neutral and the price target was raised to $21 from $14.50 at JPMorgan. Wedbush maintained its Neutral rating and $15 price target after noting that close to 20% of its community count was in storm-impacted areas.
Burlington Stores Inc. (NYSE: BURL) was started with a Buy rating and a $108 price target at Deutsche Bank.
Citizens Financial Group Inc. (NYSE: CFG) was raised to Outperform from Market Perform and the price target was raised to $43 from $38 at Bernstein.
Ferrari N.V. (NYSE: RARE) was started as Neutral with a $131 price target at Goldman Sachs.
Floor & Decor Holdings Inc. (NYSE: FND) was started with a Market Perform with a $41 price target (versus a $39.98 close) at BMO Capital Markets.
Green Plains Inc. (NASDAQ: GPRE) was started with a Buy rating and assigned a $29 price target (versus a $19.90 close) at Craig-Hallum.
Hertz Global Holdings Inc. (NYSE: HTZ) was downgraded to Underweight from Equal Weight with a $14 price target (versus a $23.93 close) at Morgan Stanley.
Huntington Bancshares Inc. (NASDAQ: HBAN) was raised to Outperform from Market Perform at Bernstein.
Imperial Oil Ltd. (NYSEMKT: IMO) was downgraded to Underweight from Neutral at JPMorgan.
KeyCorp (NYSE: KEY) was raised to Outperform from Market Perform and the price target was raised to $22 from $21 at Bernstein.
McKesson Corp. (NYSE: MCK) was downgraded to Equal Weight from Overweight at Morgan Stanley.
Toll Brothers Inc. (NYSE: TOL) was downgraded to Neutral from Overweight at JPMorgan.
Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE) was raised to Outperform from Neutral with a $62 price target (versus a $49.79 close) at Wedbush, with the firm noting that its valuation looks attractive post-ASBMR.
VMware Inc. (NYSE: VMW) was raised to Overweight from Equal Weight and the price target was raised to $130 from $109 (versus a $110.43 close) at Barclays.
Wednesday’s top analyst upgrades and downgrades included Amazon, Applied Materials, Avon, CarMax, Micron Technology, Square, Whiting Petroleum and many more.
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