Investing

Top Analyst Upgrades and Downgrades: AbbVie, Apple, Exact Sciences, Freeport-McMoran, Laboratory Corp, Splunk and More

Splunk Inc. (NASDAQ: SPLK) saw its target price raised to $115 from $95 at Needham. The analysts feel after reviewing the government’s report for IT modernization, that the company stands to benefit so they are raising their estimates and target. The Wall Street consensus target for the big data giant is $88.97. The 52-week range for the shares is $54.17 to $93.68. Shares closed trading last Friday at $92.47.

Western Alliance Bancorp. (NYSE: WAL) is raised to Outperform from Market Perform at Wells Fargo. The 52-week trading range is $44.64 to $60.68, and the consensus price target is posted at $67.55. The stock closed Friday at $59.41.

Other key analysts upgrades and downgrades were seen in the following:

T2 Biosystems Inc. (NASDAQ: TTOO) was started with a Neutral rating at Goldman Sachs. The 52-week trading range is $2.50 to $6.99. The consensus price target is $5.75. The stock closed Friday at $5.23.

Blackhawk Network Holdings Inc. (NASDAQ: HAWK) was downgraded to Hold from Buy at Jefferies. The 52-week trading range for the company is $32.60 to $47, and the consensus price target is $43.79. The shares closed Friday at $46. This could be a valuation call.

Camping World Holdings Inc. (NYSE: CWH) saw its price target raised to $55 from $47 at Monness Crespi and Hardt. That compares with the Wall Street consensus target of $50.19. The 52-week trading range for the shares is $26.30 to $46.72. The stock closed last Friday at $45.20.

Gentex Corp. (NASDAQ: GNTX) saw its price target raised to $29 from $25 at B. Riley. That compares with the consensus price target of $21.73. The 52-week trading range is $16.59 to $24.07. The stock closed Friday at $23.79.

Matson Inc. (NYSE: MATX) is raised to Buy from Neutral at Seaport Global Securities. The 52-week trading range is $21.63 to $37.03. The consensus price objective is $33.25. The shares closed Friday at $31.20.

Unilever N.V. (NYSE: UN) is raised to Buy from Hold at Investec. The 52-week range is $40.08 to $61.62. The consensus price target is set at $60. The stock closed last Friday at $57.53.

YPF S.A. (NYSE: YPF) was downgraded to Neutral from Outperform at Credit Suisse. The 52-week range is $18.41 to $26.70. The consensus price target is set at $30.04. The stock closed last Friday at $25.90.

Zynerba Pharmaceuticals Inc. (NASDAQ: ZYNE) was started with a Buy rating and a massive $25.50 target at Ladenburg Thalmann. That compares with the consensus price target of $15.50. The 52-week range is $5.42 to $25.95. The stock closed Friday at $12.07.

In case you missed it, last Friday’s top analyst upgrades and downgrades included Bed Bath & Beyond, Caterpillar, First Energy, Gilead Sciences, Intel, Starbucks, Yamana Gold and more.