Investing
Top Analyst Upgrades and Downgrades: Boston Scientific, Cleveland-Cliffs, GE, Hasbro, Illumina, T-Mobile, United Continental, Seagate and More
October 24, 2017 9:05 am
Last Updated: March 20, 2020 11:23 am
Achaogen Inc. (NASDAQ: AKAO) was started as Buy with a $17 price target (versus a $13.57 close) at Guggenheim.
Hanesbrands Inc. (NYSE: HBI) was downgraded to Perform and the price target was cut to $26 from $32 at Oppenheimer. Deutsche Bank started it as Buy with a $29 price target.
Illinois Tool Works Inc. (NYSE: ITW) was maintained as Neutral and the price target was cut to $140 from $142 at Credit Suisse. RBC Capital Markets maintained its Sector Perform rating and raised its target to $155 from $143. Argus reiterated its Buy rating but raised its target to $180 from $160. Illinois Tool Works was up 0.3%to $155.51 on Monday, and its shares hit a 52-week high of $157.28.
KBR Inc. (NYSE: KBR) was reiterated as Buy and the price target was raised to $20 from $18 at Deutsche Bank.
NRG Yield Inc. (NYSE: NYLD) was downgraded to Neutral from Buy at Merrill Lynch. Shares closed down 1.6% at $18.65 on Monday, in a 52-week range of $13.98 to $20.00 and with a consensus target price of $19.38.
Party City Holdco Inc. (NYSE: PRTY) was raised to Outperform from Market Perform with a $16 price target (versus an $11.20 close) at BMO Capital Markets. It has a 52-week range of $10.80 to $17.70 and a consensus target price of $17.60.
24/7 Wall St.PQ Group Holdings Inc. (NYSE: PQG) has seen its quiet period end and its shares closed down 1.2% at $16.67 on Monday, in a post-IPO range of $16.45 to $17.65. The stock was started with a Neutral rating and assigned an $18 price target at Goldman Sachs. KeyBanc Capital Markets started it as Overweight with a $21 target, Jefferies started it as Buy with a $23 target, and Citigroup started it as Buy with a $20 target. PQ Group was also started as Equal Weight with a $19 target at Morgan Stanley, and Instinet started it as Buy with a $20 target.
Red Hat Inc. (NYSE: RHT) was downgraded to Underperform from Neutral with a $115 price objective (versus a $122.13 close) at Merrill Lynch.
Thomson Reuters Corp. (NYSE: TRI) was started as Neutral and assigned a $52 price target at Credit Suisse.
TRONOX Ltd. (NYSE: TROX) was started with an Overweight rating and assigned a $30 price target (versus a $26.58 close) at JPMorgan.
Valero Energy Corp. (NYSE: VLO) was downgraded to Neutral from Outperform at Macquarie.
Veeco Instruments Inc. (NASDAQ: VECO) was downgraded to Sector Weight from Overweight at KeyBanc Capital Markets. Its shares were down 4.1% at $20.75 on Monday and were indicated down at $20.55 on Tuesday.
VF Corp. (NYSE: VFC) was reiterated as Buy and the price target was raised to $81 from $75 at Pivotal Research.
Whirlpool Corp. (NYSE: WHR) was maintained as Neutral with a $183 price objective (versus a $182.50 close) at Merrill Lynch.
Monday’s top analyst calls included Biogen, Equifax, Foot Locker, General Electric, NVIDIA, Rio Tinto, Roku and many more.
Follow @Jonogg on Twitter to receive the daily analyst calls and other market research calls directly on your feed.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Editors' Picks
