Top Analyst Upgrades and Downgrades: AMD, Alphabet, Amazon, Best Buy, Dollar General, Ferrari, Goldcorp, HPE, Square, Tilray and More
Noble Energy Inc. (NYSE: NBL) was started as Underweight and assigned a $33 price target (versus a $30.22 close) at Barclays. The shares were down less than 0.3% on Wednesday. The 52-week range is $3.22 to $6.84, and the consensus price target is $5.52.
Randgold Resources Ltd. (NASDAQ: GOLD) was raised to Buy from Neutral at UBS. The 52-week range is $62.55 to $108.29. The consensus price target is $99.84.
Royal Caribbean Cruises Ltd. (NYSE: RCL) was raised to Buy from Hold and the price target was raised to $146 from $135 (versus a $120.15 close) at Deutsche Bank. It has a 52-week range of $101.20 to $135.65 and a consensus price target of $141.76.
Sina Corp. (NASDAQ: SINA) was maintained as Overweight but the price target was cut to $150 from $180 at JPMorgan. It has a 52-week range of $67.47 to $124.60 and a consensus price target of $121.35.
Square Inc. (NYSE: SQ) was reiterated as Buy and the price target was raised to $100 from $75 (versus an $80.80 close) at Guggenheim. It has a 52-week range of $25.18 to $82.83, while the consensus price target is $68.81.
Tesaro Inc. (NASDAQ: TSRO) was maintained as Buy and the price target was cut to $85 from $100 at Citigroup. The 52-week range is $25.62 to $136.45, and the consensus price target is $56.20.
Tilray Inc. (NASDAQ: TLRY) has seen its shares surge since coming public, but they were down 3.6% at $51.50 on Tuesday ahead of earnings but indicated up about 15% at $59.00 on Wednesday. Cowen raised its target price to $62 from $34, and Northland Capital raised its target to $60.
Weight Watchers International Inc. (NYSE: WTW) was started as Outperform and the price target was set at $98 at Oppenheimer. It has a 52-week range of $40.93 to $105.73. The consensus price target is $116.00.
Wright Medical Group N.V. (NASDAQ: WMGI) was raised to Outperform and the target price was raised to $31 from $28 at BMO Capital Markets. The 52-week range is $19.01 to $29.89, and the consensus analyst price target is $32.07.
Tuesday’s top analyst calls included Affimed, Coty, Cree, Lululemon Athletica, Myriad Genetics, Tesla, Xilinx and many more companies.