E*Trade Financial Corp. (NASDAQ: ETFC) was downgraded to Hold from Buy and the target price was lowered to $45 from $52 (versus a $43.21 close) at Deutsche Bank.
Jack in the Box Inc. (NASDAQ: JACK) was raised to Outperform from Neutral and was added the Best Ideas List at Wedbush. The $105 price target compares with an $86.97 prior close, but that is also after a 16.8% gain. Wedbush noted that same-store sales growth and margin trends are solid as the fast-food company’s higher free cash flow target and EBITDA targets seem realistic. Jack in the Box is also said to be still valued below all other primarily franchised quick-serve peers. On the other side of the coin, Credit Suisse reiterated its Underweight rating but did raise its target price to $78 from $75.
Kraft Heinz Co. (NASDAQ: KHC) was down another 8.6% at $28.22 after earnings on Thursday and was indicated down another 2% at $27.60 on Friday. Guggenheim downgraded it to Sell from Neutral and lowered the target price to $25 from $29.
Murphy Oil Corp. (NYSE: MUR) was maintained as Neutral but the price target was cut to $25 from $30 at Credit Suisse. This is after the shares closed down 7.3% at $20.06.
Nektar Therapeutics (NASDAQ: NKTR) was downgraded to Neutral from Buy and the target price was slashed to $21 from $79 at Mizuho. The stock closed up 2.7% at $29.57 but was indicated down almost 35% at $19.30 after the earnings and pipeline update.
Symantec Corp. (NASDAQ: SYMC) was up 12.3% at $22.92 on news that it is selling its enterprise security segment to Broadcom for a sum of $10.7 billion. Wedbush said it is a positive, but the firm reiterated its Neutral rating and $25 target price.
TD Ameritrade Holding Corp. (NASDAQ: AMTD) was downgraded to Hold from Buy at Deutsche Bank.
Uber Technologies Inc. (NYSE: UBER) closed up 8.2% at $42.97 ahead of earnings, but lower revenue growth and a wider loss had shares down over 8% at $39,45 in early indications on Friday. Raymond James reiterated Uber as Outperform and raised the target price to $54 from $50.
Wheaton Precious Metals Corp. (NYSE: WPM) was reiterated as Neutral but the target price was raised to $38 from $34 (versus a $27.56 close) at Credit Suisse.
Zacks has named ELF Beauty Inc. (NYSE: ELF) as its Bull of the Day, saying that the mass beauty market is picking up steam again. The Bear of the Day is Vishay Intertechnology Inc. (NYSE: VSH). Zacks noted that the semiconductors still look sick.
The top analyst calls from Thursday included Apple, Caterpillar, CenturyLink, Chesapeake Energy, Ciena, Corning, Dollar General, GreenSky, Hertz, Inogen, Lyft, Roku, 3D Systems and many more.