Top Analyst Upgrades and Downgrades: Booking Holdings, Borg Warner, Delphi, Pandora, Ralph Lauren, Southwest Airlines and More

Investing

March 22, 2018 9:00 am

Last Updated: January 12, 2020 2:11 am

TrueCar Inc. (NASDAQ: TRUE) received some mixed coverage as the Benchmark Company started the shares with a Buy rating, while JPMorgan downgraded the stock from Neutral to Underweight. The 52-week trading range is $9.63 to $21.75. The consensus price target is posted at $15.11. The stock closed Wednesday at $9.93.

Wide Open West Inc. (NYSE: WOW) was downgraded to Sector Perform from Outperform at RBC Capital Markets. The 52-week trading range is $7.03 to $18.83. The consensus price target is $12.50. The company was recently sued by Sprint over voice over packet patents. The stock closed Wednesday at $7.69.

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

Acuity Brands Inc. (NYSE: AYI) was downgraded to Market Perform from Outperform at William Blair. The 52-week trading range is $141.68 to $209.18. The consensus price target is $177.42, and shares closed trading on Wednesday at $147.04.

Arch Capital Group Ltd. (NASDAQ: ACGL) is raised to Outperform from Market Perform at Keefe Bruyette. The 52-week range is $83.86 to $102.60, and the consensus price target is $102.64. The shares closed Wednesday at $85.82.

ALSO READ: RBC Says 4 Aerospace and Defense Stocks Are Possible Takeover Targets

Archrock Inc. (NYSE: AROC) was raised to Overweight from Neutral at JPMorgan. The 52-week trading range is $8.30 to $13.65. The consensus price objective is $13.10. The stock closed Wednesday at $9.05.

Arris International PLC (NASDAQ: ARRS) was resumed with an Equal Weight rating at Barclays. The 52-week trading range for the shares is $22.60 to $30.38. The consensus price target is $34.57. The stock ended trading on Wednesday at $27.36.

Cision Inc. (NASDAQ: CISN) was resumed with a Buy rating and a $20 price target at Deutsche Bank. That compares with the consensus target of $17.50. The 52-week trading range is $10 to $13.68. The shares closed Wednesday at $11.86, after completing a 5,750,000 share secondary offering that priced at $10.75.

ITT Inc. (NYSE: ITT) was started with a Buy rating at D.A. Davidson. Its 52-week trading range is $36.93 to $57.62. The consensus price target is $58.08, and the stock closed on Wednesday at $52.43.

Lear Corp. (NYSE: LEA) was raised to Equal Weight from Underweight at Morgan Stanley. The 52 week-trading range is $132.01 to $202.42. The consensus price target is $201.69. The stock ended trading on Wednesday at $192.60.

Visteon Inc. (NASDAQ: VC) was downgraded to Underweight from Overweight at Morgan Stanley. The 52-week trading range for the stock is $91.20 to $140.64. The consensus price objective is $139.50. The shares ended trading on Wednesday at $120.77.

In case you missed it, here are Wednesday’s top analyst upgrades and downgrades. They included Allied Materials, Celgene, Children’s Place, Kinder Morgan, Match, Myriad Genetics, Nordstrom, Oracle and more.

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