Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid.
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Friday, as follows;
Facebook Inc. (Nasdaq:FB). Facebook was downgraded to Hold from Buy with a 135 price target at Pivotal Research. Wedbush Securities reiterated its Outperform rating and raised its target to 175 from 162. Credit Suisse has an Outperform rating and raised its target to 170 from 165. Facebook’s old 52-wk trading range was 96.82 – 133.50.
Lululemon Athletica Inc. (Nasdaq:LULU) was raised to Neutral from Sell with a 65 price target at Goldman Sachs. Lululemon has a 52-wk trading range of 54.00 – 81.81 and a consensus price target of 73.34.
Transocean Ltd. (NYSE:RIG) was downgraded to Underweight from Equal Weight at Morgan Stanley. Shares have a 52-wk trading range of 7.67 – 16.66, and the consensus price target is 12.85.
Urban Outfitters Inc. (Nasdaq:URBN) was downgraded to Sell from Neutral with a 22 price target at Goldman Sachs. Urban Outfitters has a 52-wk trading range of 22.95 – 40.80, and it has a consensus price target of 33.03.
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