Top Analyst Upgrades and Downgrades: Arch Coal, Avis Budget, Capital One, Hain Celestial, Hertz, Macy’s and Many More
Stocks were indicated lower on Friday and the markets are acting like they want to take a breather. Still, the Dow has hit 20,600 and still has a
24/7 Wall St. reviews dozens of analyst reports each day of the week to find new investing and trading ideas for our readers. Some analyst reports cover stocks to buy, while other reports cover stocks to sell or to avoid.
Many of the following analyst calls have been given some added color, and the consensus analyst price targets are from Thomson Reuters. These are the top analyst upgrades, downgrades and initiations seen on Friday, February 17, 2017:
Arch Coal Inc. (NYSE: ARCH) was started with a Buy rating and assigned a $90 price target (versus a $72.11 prior closing price) at Jefferies. The firm sees Arch Coal having a low-cost portfolio of U.S. coal assets and a clean balance sheet, which helps to position it to generate strong free cash flows even in a flat coal price environment.
Avis Budget Group Inc. (NASDAQ: CAR) was downgraded to Neutral from Outperform at Credit Suisse. Shares...