JetBlue Airways Corp. (NASDAQ: JBLU) was raised to Buy from Neutral and the price target was raised to $26 from $19.50 (versus an $18.25 prior close) at Citigroup. JetBlue has a 52-week range of $15.19 to $20.14, and its shares were indicated up over 3% at $18.90 on Tuesday.
Luckin Coffee Inc. (NASDAQ: LK) was started as Overweight and assigned a $22 price target at KeyBanc Capital Markets. Morgan Stanley started it as Equal Weight and with a $21 target price.
Lyft Inc. (NASDAQ: LYFT) was raised to Positive from Neutral at Susquehanna, and the price target was raised to $80 from $57. The stock closed down 4.2% at $56.76. It has a post-IPO range of $47.17 to $88.60 and a consensus target price of $73.21.
Mylan N.V. (NASDAQ: MYL) was started as Overweight with a $26 target price at Barclays. The stock closed up 1% at $17.57. It has a 52-week range of $16.63 to $42.50 and a consensus target price of $31.56.
New Age Beverages Corp. (NASDAQ: NBEV) was started with a Buy rating and assigned a $9 target price at Compass Point.
Raytheon Co. (NYSE: RTN) is merging with UTC and was downgraded to Hold from Buy at Vertical Research. Shares closed up just 0.7% at $187.19 on the news, largely because it was a merger of equals and partly because of a Trump tweet about concerns over a big merger and other regulatory review comments made elsewhere. The stock closed up 0.7% at $187.19. It has a 52-week range of $144.27 to $212.26 and a consensus target price of $208.24.
Shutterfly Inc. (NASDAQ: SFLY) is being acquired by Apollo for $51 per share in an all-cash buyout. Thus, Raymond James downgraded it to Market Perform from Outperform and SunTrust Robinson Humphrey downgraded it to Hold from Buy.
Symantec Corp. (NASDAQ: SYMC) was downgraded to Underweight from Equal Weight and the target price was lowered to $14 from $23 at Morgan Stanley. The stock closed up 0.3% at $19.21. It has a 52-week range of $17.43 to $24.77 and a consensus target price of $21.02.
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) was started as Underweight and assigned an $8 target price at Barclays.
Tilray Inc. (NASDAQ: TLRY) was started as Neutral and assigned a $41 price target at Compass Point.
Wells Fargo & Co. (NYSE: WFC) was downgraded to Underweight from Neutral at Atlantic Equities, based on a lower outlook for interest rates and based on higher competition for customer deposits.
Zimmer Biomet Holdings Inc. (NYSE: ZBH) was raised to Market Perform from Underperform at Bernstein.
Zoetis Inc. (NYSE: ZTS) was started as Overweight and assigned a $120 price target at Barclays.
Data center REITs continue to offer investors some of the best total return potential, and Deutsche Bank has three top companies that are rated Buy.
Monday’s top analyst calls included Analog Devices, At Home, Boston Beer, PagSeguro Digital, Redfin, Sirius XM, United Technologies and many more.
Sponsored: Find a Qualified Financial Advisor:
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.