In Thursday’s Analysts’ Actions, TheStreet highlights an upbeat note on FedEx (FDX), while Harley-Davidson (HOG) and Colgate-Palmolive (CL) get hit with downgrades. Analysts at Citigroup added FedEx to its ‘Focus List.’ The firm thinks the shipping company looks like it’s having a ‘transformative’ year. Citi analysts maintained their BUY rating with a $205 price target. Analysts at Wedbush downgraded Harley-Davidson to NEUTRAL from OUTPERFORM, with a lower price target of $57 from $74. The firm noted the motorcycle maker’s ‘underwhelming’ acceleration in demand, and cut its 2015 retail growth forecast below the consensus estimate. And, Colgate-Palmolive also had its rating lowered. The company was downgraded to EQUAL WEIGHT from OVERWEIGHT by analysts at Morgan Stanley. The firm lowered its price target to $72 from $76, given the unfavorable foreign exchange pressure. TheStreet’s Kurumi Fukushima reports in New York.
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