Top Analyst Upgrades and Downgrades: AMD, Alphabet, Amazon, Best Buy, Dollar General, Ferrari, Goldcorp, HPE, Square, Tilray and More
Devon Energy Corp. (NYSE: DVN) was started as Overweight and the price target was set at $49 (versus a $42.51 close) at Barclays.
Dollar General Corp. (NYSE: DG) was reiterated as Outperform and the target price was raised to $118 from $113 (versus a $106.84 close) at Wells Fargo.
Dova Pharmaceuticals Inc. (NASDAQ: DOVA) was started as Outperform and the target price was set at $44 (versus a $24.57 close) at Raymond James. The 52-week range is $20.65 to $37.00, and the consensus price target is $42.00.
Ferrari N.V. (NYSE: RACE) was raised to Buy from Hold at HSBC. Shares closed up 1.4% at $130.04 on Tuesday and were indicated up another 1.3% at $131.72 on Wednesday, in a 52-week range of $103.65 to $149.85. The consensus target price was $139.50.
Goldcorp Inc. (NYSE: GG) was reiterated as Buy at Citigroup, but the firm lowered its price target to $14 from $16. The stock was down 1.6% at $11.13 on Tuesday and indicated down another 0.8% at $11.05 on Wednesday. Its 52-week range is $10.38 to $15.55, and the consensus target price was still all the way up at $17.40.
Hain Celestial Group Inc. (NASDAQ: HAIN) was maintained as Market Perform and the price target was cut to $29 from $31 (versus a $26.77 close, after a 6.4% drop) at BMO Capital Markets. It has a 52-week range of $25.41 to $44.37 and a consensus price target of $32.18.
Hewlett Packard Enterprise Co. (NYSE: HPE) was up 1.7% at $16.74 on Tuesday and up another 2.3% at $17.13 on Wednesday after its earnings report. BMO Capital Markets maintained it as Market Perform and cut its target to $18 from $19. Deutsche Bank reiterated its Buy rating and raised its target price to $23 from $22. The 52-week range is $12.81 to $19.48, and the consensus target price ahead of the report was $19.33.
Kinross Gold Corp. (NYSE: KGC) was maintained as Neutral and the price target was cut to $3.25 from $4.00 (versus a $2.97 close) at Citigroup. It has a 52-week range of $2.78 to $4.91 and a consensus price target of $4.72.
Marathon Oil Corp. (NYSE: MRO) was started as Overweight and the price target was set at $25 (versus a $20.70 close) at Barclays. It has a 52-week range of $10.64 to $22.74 and has a consensus price target of $23.95.
Newmont Mining Corp. (NYSE: NEM) was maintained as Neutral and the price target was cut to $36 from $42 (versus a $31.84 close) at Citigroup. It has a 52-week range of $31.45 to $42.04 and a consensus analyst target of $44.16.