In Tuesday’s Analysts’ Actions, TheStreet highlights a downgrade on Twitter (TWTR), as well as positive notes on Corning (GLW) and Monster Beverage (MNST). Analysts at MKM Partners lowered their rating on Twitter to NEUTRAL from BUY, with a lower price target of $39 from $57. The firm said there are no catalysts for an improving sentiment in the near term, but sees potential in the long term. Analysts at RBC Capital upgraded TV display maker Corning to OUTPERFORM from SECTOR PERFORM with a $26 price target. The firm likes the company’s pending upgrade cycle and attractive pricing for its ‘4K’ ultrahigh-definition TV sets. And, Monster Beverage (MNST) was named a top pick in U.S. beverages at Citigroup. The firm added the energy drink maker to its ‘Focus List’ saying it expects ‘outsized’ sales and earnings growth. Citi maintained its BUY rating with a $155 price target. TheStreet’s Kurumi Fukushima reports in New York.
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