Top Analyst Upgrades and Downgrades: DSW, Dean Foods, Fluor, JD.com, Nvidia, Viper Energy, Walmart and More
Viper Energy Partners L.P. (NASDAQ: VNOM) was raised to Buy from Hold and the price target was boosted to $42 from $38 at Stifel. That compares with a consensus target of $40.8. The stock closed Thursday at $38.33.
Walmart Inc. (NYSE: WMT) was downgraded to Outperform from Strong Buy at Raymond James. The 52-week trading range for the retail giant, which posted blowout quarterly results this week, is $77.50 to $109.58. The consensus price target is $99.44. The stock closed Thursday at $98.64, up almost 10% on the day.
Other key analysts upgrades and downgrades were seen in the following:
Colfax Corp. (NYSE: CFX) was raised to Outperform from Market Perform at Cowen. Over the past year, the shares have traded in a range of $28.80 to $43.29, and they have a consensus price target of $35.50. The stock closed Thursday at $31.53 a share.
Cott Corp. (NYSE: COT) was started on the Action List with a Buy rating at TD Securities. Its 52-week trading range is a narrow $14.06 to $17.77, and the consensus price target is $19.13. The stock closed Thursday at $15.74.
Enbridge Inc. (NYSE: ENB) was raised to Buy from Neutral at Merrill Lynch. The stock has traded between $29.00 and $42.10 over the past year. The consensus price target is posted at $45.03, and the stock closed Thursday at $34.90 per share.
First Data Corp. (NYSE: FDC) was raised to Overweight from Neutral at Atlantic Equities. The stock has traded in a 52-week range of $14.73 to $24.83. The consensus price target is $26.78, and the stock ended trading Thursday at $24.16.
Hilton Worldwide Holdings Inc. (NYSE: HLT) was downgraded to Market Perform from Outperform at Bernstein. Shares of the lodging giant have traded in a 52-week range of $60.54 to $88.11. The consensus price target is $92.81, and the stock closed Thursday at $77.24.
Nutanix Inc. (NASDAQ: NTNX) was downgraded to Hold from Buy at Jefferies. The 52-week trading range is $20.02 to $64.87, and the consensus price target is $59.50. The shares closed Thursday at $55.66.
WillScot Corp. (NYSE: WSC) was started with an Outperform rating and a $20 price objective at Credit Suisse. The consensus price target is $18.50, and the stock ended trading on Thursday at $15.90.
Yum China Holdings Inc. (NYSE: YUMC) was downgraded to Perform from Outperform at Oppenheimer. The shares have traded in a 52-week range of $42.10 to $48.75, and the consensus price objective is $41.90. The stock ended most recently at $35.33.
In case you missed it, Thursday’s top analyst upgrades and downgrades included Aveo, Boeing, Canopy Growth, Coty, Kimberly-Clark, Lululemon, Macy’s Sysco, Teladoc and more.