Top Analyst Upgrades and Downgrades: AEP, Boeing, Dollar Tree, GE, Micron, NextEra, P&G, Roku, Snap, Starbucks, Tesla, Wynn and More

Print Email

OGE Energy Corp. (NYSE: OGE) was downgraded to Sell from Neutral at Goldman Sachs.

Procter & Gamble Co. (NYSE: PG) was raised to Outperform from Market Perform at Wells Fargo. Shares of P&G closed up 0.2% at $103.65 and were indicated up 0.8% at $104.50 on Monday. The consensus target price was $98.69.

Roku Inc. (NASDAQ: ROKU) was downgraded to Sell from Neutral with a $50 price target (versus a $63.15 close) at Citigroup. Shares closed down 1.7% at $63.40 on Friday and were indicated down 4.9% at $60.28 on Monday.

Smith Micro Software Inc. (NASDAQ: SMSI) was started as Buy with a $5 price target (versus a $2.91 close) at Chardan Capital Markets.

Snap Inc. (NYSE: SNAP) was raised to Outperform from Sector Perform and the price target was raised to $17 from $10 (versus $11.84 prior close) at RBC Capital Markets. Snap’s consensus analyst target price was just $8.85 ahead of the call, and this took target is a new street-high with the prior high analyst target being $15.00. Snap’s 52-week range is $4.82 to $15.96.

Southwest Airlines Co. (NYSE: LUV) was downgraded to Market Perform from Outperform at Raymond James, and also Canaccord Genuity lowered its rating on Southwest shares to Hold from Buy.

Starbucks Corp. (NASDAQ: SBUX) was downgraded to Neutral from Buy with a $78 price target (versus a $73.70 close) at UBS. Starbucks was indicated down almost 1% at $74.37 on Monday, with a consensus target price of $69.80.

Symantec Corp. (NASDAQ: SYMC) was raised to Buy from Neutral with a $28 price target (versus a $22.99 close) at Goldman Sachs.

Tesla Inc. (NASDAQ: TSLA) was maintained as Buy at Jefferies, but the firm lowered its price target to $400 from $450. Tesla closed up 2.7% at $274.96 on Friday and was indicated up 0.9% at $277.50 on Monday.

WEC Energy Group Inc. (NYSE: WEC) was downgraded to Sell from Neutral at Goldman Sachs.

Wynn Resorts Ltd. (NASDAQ: WYNN) was raised to Buy from Hold with a $170 price target (versus a $140.94 close) at Jefferies. The consensus target price is $136.88.

Zillow Group Inc. (NASDAQ: Z) was raised to Outperform from Market Perform at Cowen.

Analysts have five stocks under $10 in which they see big implied upside.

Here are eight weak stocks that have underperformed that saw big analyst upgrades for large upside in the last week.

There are 12 companies that Warren Buffett might want to acquire, or where he absolutely would approve of you buying.

Friday’s top analyst calls included Bed Bath & Beyond, Celgene, Dow, Fannie Mae, Intel, Lennar, Snap, UGI, Viacom, WEX and many more.

I'm interested in the Newsletter