Benzinga's Top Analyst Calls From April 24, 2018

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  • Goldman Sachs upgrades BP plc (ADR) BP from Neutral to Buy in the midst of a large expansion of pipeline projects; Says will be no longer need large capex commitments, which gives it "more headroom" to re-invest capital in higher-return projects.
  • KeyBanc reiterates Outperform rating on Alphabet Inc GOOGGOOGL and lowers price target from $1,280 to $1,230; Says co.’s large investment spend is justified and should not concern investors.
  • Evercore ISI initiates coverage on Aeglea BioTherapeutics Inc AGLE with Outperform rating and $37 price target; Calls co. "One of the most compelling investment opportunities in small-cap biotech."
  • BMO downgrades Texas Roadhouse Inc TXRH to Market Perform; Says risk/reward is more balanced at current levels though fundamental outlook still remains strong.
  • BMO lowers Hasbro Inc HAS price target from $83 to $80; Says it expected stronger results given popularity of “Black Panther” and “Avengers” franchises.
  • Buckingham Research reiterates Buy rating and $60 price target on Moelis & Co MC; Says advisory fee growth reflects strong franchise momentum.

See Also:

Benzinga's Top Upgrades, Downgrades For April 24, 2018

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