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Top Analyst Upgrades and Downgrades: Boeing, Booking, Camping World, Domino's, iRobot, MetLife, Neogen, Southern Copper, Vertex, Worldpay and More
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Stocks were indicated to open higher on Tuesday morning after Monday’s gains. With the market having recovered so much in 2019, investors have to be considering how they want their investments and assets positioned for the rest of 2019 and for the long haul.
24/7 Wall St. reviews dozens of analyst research reports each day of the week to find new trading and investing ideas. Some analyst reports cover stocks to buy, while others cover stocks to or stocks to avoid.
Additional commentary and trading data have been added on some of the daily analyst reports. The consensus analyst price targets mentioned and other valuation metrics are from the Thomson Reuters (Refinitiv) sell-side research service.
These are the top analyst upgrades, downgrades and initiations seen on Tuesday, March 19, 2019.
Aerpio Pharmaceuticals Inc. (NASDAQ: ARPO) was downgraded to Neutral from Buy at Guggenheim.
Aqua America Inc. (NYSE: WTR) was raised to Buy from Neutral at UBS.
Boeing Co. (NYSE: BA) was downgraded to Hold from Buy at Argus. Boeing closed down 1.77% at $372.28 and has a consensus target price of $436.95.
Booking Holdings Inc. (NASDAQ: BKNG) was downgraded to Market Perform from Outperform at Telsey Advisory Group.
Camping World Holdings Inc. (NYSE: CWH) was downgraded to Neutral from Buy and the target price was lowered to $15 from $28 (versus a $13.44 prior close) at Goldman Sachs. The 52-week trading range is $11.01 to $35.17, and the consensus target price is $20.05.
Crown Castle International Corp. (NYSE: CCI) was downgraded to Hold from Buy at Deutsche Bank.
Domino’s Pizza Inc. (NYSE: DPZ) was raised to Overweight from Neutral at JPMorgan.
Enphase Energy Inc. (NASDAQ: ENPH) was downgraded to Underperform from Market Perform at Raymond James. Its shares closed up almost 7% at $9.67 ahead of this call, but they were indicated down almost 3% at $9.40, and the prior consensus target price was $10.10.
Five Below Inc. (NASDAQ: FIVE) was raised to Buy from Hold with a $145 price target (versus a $116.37 close) at Loop Capital.
ImmunoGen Inc. (NASDAQ: IMGN) was downgraded to Underweight from Neutral at JPMorgan. It closed down 2.2% to $2.59 on Monday and was indicated down another 2.7% at $2.52 on Tuesday.
iRobot Corp. (NASDAQ: IRBT) was downgraded to Hold from Buy at Needham.
Lear Corp. (NYSE: LEA) was downgraded to Hold from Buy with a $159 target price at Deutsche Bank.
LiveXLive Media Inc. (NASDAQ: LIVX) was started as Buy with a $9 target price (versus a $6.31 close) at Maxim Group.
Mammoth Energy Services Inc. (NASDAQ: TUSK) was downgraded to Neutral from Outperform with a $17 price target (versus an $18.27 close) at Credit Suisse.
MetLife Inc. (NYSE: MET) was downgraded to Hold from Buy at Sandler O’Neill.
Neogen Corp. (NASDAQ: NEOG) was raised to Buy from Hold at Craig-Hallum.
Noble Energy Inc. (NYSE: NBL) was raised to Buy from Neutral with a $29 target price (versus a $23.80 close) at Mizuho.
Pioneer Natural Resources Co. (NYSE: PXD) was downgraded to Neutral from Buy and the target price was lowered to $158 from $206 (versus a $138.58 close) at Mizuho.
Southern Copper Corp. (NYSE: SCCO) was raised to Hold from Reduce at HSBC.
Union Pacific Corp. (NYSE: UNP) was downgraded to Hold from Buy at Loop Capital.
Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) was downgraded to Market Perform from Outperform at Leerink.
Worldpay Inc. (NYSE: WP) was up 9.9% at $108.51 on Monday after being acquired by Fidelity National in a $35 billion or so deal. Mizuho downgraded it to Neutral, BMO Capital Markets downgraded it to Market Perform and Keefe Bruyette & Woods downgraded the shares to Market Perform.
Yum! Brands Inc. (NYSE: YUM) was downgraded to Neutral from Overweight at JPMorgan. The stock was down 0.6% at $100.24 on Monday’s close and was indicated down another 1.4% at $98.80 on Tuesday.
Monday’s top analyst upgrades and downgrades included Chipotle Mexican Grill, Delphi Technologies, Dollar General, Facebook, Ingersoll-Rand, Nike, Okta, Quest Diagnostics and many more.
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