Top Analyst Upgrades and Downgrades: Alarm.com, Biogen, Blue Apron, Cisco, Lowe's, Pandora, Waste Management and More
Continental Resources Inc. (NYSE: CLR) was reiterated as Outperform and the price target was raised to $70 from $65 at Credit Suisse, with the call after it pre-released fourth-quarter oil volumes at 4% above Wall Street expectations and handily beat its guidance range.
Hilton Worldwide Holdings Inc. (NYSE: HLT) was reiterated as Buy and the price target was raised to $100 from $94 at Argus.
Huntington Ingalls Industries Inc. (NYSE: HII) was raised to Outperform from Neutral and the price target was raised to $335 from $241 at Credit Suisse.
Jack in the Box Inc. (NASDAQ: JACK) was maintained as Outperform but the price objective was cut to $115 from $125 at Oppenheimer, with the firm noting that perception might not reflect reality and investors should buy into weakness in the shares.
KIMCO Realty Corp. (NYSE: KIM) was downgraded to Neutral from Buy at Merrill Lynch.
Lowe’s Companies Inc. (NYSE: LOW) was reiterated as Outperform and the price target was raised to $115 from $110 at Oppenheimer. Lowe’s closed at $96.51 and a consensus analyst target price of $109.83.
Maxwell Technologies Inc. (NASDAQ: MXWL) was started as Outperform with a $7 price target at Oppenheimer, with the firm noting a positive growth trajectory and catalysts ahead.
MuleSoft Inc. (NYSE: MULE) was raised to Overweight from Neutral with a $35 price target (versus a $26.13 close) at JPMorgan. Shares were indicated up over 11% at $29.05 after earnings.
Omnicom Group Inc. (NYSE: OMC) was down 6.6% at $77.28 on Thursday after a mixed earnings report. Omnicom was raised to Outperform from Market Perform with a $90 price target at BMO Capital Markets. Macquarie raised it to Neutral from Underperform with a $77 price target.
Pandora Media Inc. (NYSE: P) was maintained as Outperform with a $12 price target (versus a $5.05 close) at Wedbush Securities, with the call being a favorable endorsement ahead of next week’s earnings.
Trinity Industries Inc. (NYSE: TRN) was raised to Outperform from Market Perform with a $53 price target (versus a $34.06 close) at Wells Fargo.
Volaris, or Controladora Vuela Compañía de Aviacion (NYSE: VLRS), was started as Buy at UBS.
Waste Management Inc. (NYSE: WM) was reiterated as Outperform and the price target was raised to $92 from $87 at Oppenheimer. Waste Management was raised to Outperform from Market Perform at Raymond James.
Wendy’s Co. (NASDAQ: WEN) was raised to Buy from Neutral with an $18 price target (versus a $15.70 close) at Guggenheim.
Thursday’s top analyst calls included AMAG Pharmaceuticals, Baidu, Cisco, General Electric, Honeywell, 3M, Salesforce.com, SunPower, United Technologies and many more.