Notable Upgrades: Wal-Mart (WMT), Yelp Inc. (YELP), Endo International (ENDP), Mylan N.V. (MYL)

Analysts at Northcoast are out with a report this morning upgrading shares of Wal-Mart Stores Inc. (WMT) with a ‘Buy’ from ‘Neutral’ rating. The firm set its price target for the company at $70.

Shares are down 26.30% year-over-year and 32.41% year-to-date.

Analysts at RBC Capital Markets upgraded their rating on the shares of Yelp Inc. (YELP). In a research note published on Friday, the firm lifted the name with an ‘Outperform’ from ‘Sector Perform’ rating and set a 12-month base case estimate of $42 from $34 per share, citing an improved risk-reward profile.

Endo International plc (ENDP) was raised to ‘Buy’ from ‘Hold’ at Standpoint Research on Friday.

ENDP is up $2.39 at $58.49 on normal volume. Midway through trading Friday, 3.62 million shares of Endo Int’l have exchanged hands as compared to its average daily volume of 6.28 million shares. The stock has ranged in a price between $56 to $60.57 after having opened the day at $56.43.

Mylan N.V. (MYL) was upgraded to ‘Buy’ from ‘Neutral’ by Citigroup (C) analysts on Friday. The name began trading this morning at $47.62 to currently trade 12.89% higher from the prior days close of $43.20. On an intraday basis it has gotten as low as $46.48 and as high as $49.44.

Mylan N.V. is down 19.70% year-over-year, compared with a 0.30% gain in the S&P 500.

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.