Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$BSX, $MU, $CRM, $TRP, $WBA
Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid.
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Friday, as follows
Boston Scientific Corp. (NYSE:BSX) raised to Buy from Hold at Argus, and the firm issued a 33 price target based on valuations after earnings and guidance. Shares have a 52-wk trading range of 15.67 – 24.79, with a consensus price target of 27.26.
Micron Technology Inc. (NASDAQ:MU) was reiterated as Buy at Cowen, but the firm raised its price target to $19 from $15. It has a 52-wk trading range of 9.31 – 19.30 and a consensus price target of 16.86.
Salesforce.com Inc. (NYSE:CRM) Citigroup analysts maintained its Buy rating but lowered its target to 89 from 94. Barclays reiterated its Overweight rating and 89 price target. Morgan Stanley kept its Overweight rating but lowered its target to 107 from 110. The 52-wk trading range is 52.60 – 84.48.
TransCanada Corp. (NYSE:TRP) started with a Buy rating with a US target of 52 at Merrill Lynch. TransCanada’s American depositary shares have a 49.45 consensus price target, with a 52-wk trading range of 28.40 to 48.34.
Walgreens Boots Alliance Inc. (NASDAQ:WBA) analysts added the stock was added to Credit Suisse’s US Focus List. The shares closed at 80.54 Thursday in New York, have a 52-wk trading range of 71.50 to 95.74, and have a consensus price target of 91.98.