Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$ADM, $CPB, $LMT, $PNC, $WFC
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 Tuesday, as follows:
Advanced Micro Devices Inc. (NASDAQ:AMD) reiterated as Buy with a 9 price target at Jefferies. The firm is reflecting the recent debt and equity financing, noting multiple catalysts ahead and that has not fully caught on yet. AMD has a 52-wk trading range of 1.65 to 8.00 and a consensus analyst price target of 6.01.
Campbell Soup Co. (NYSE:CPB) analysts downgraded to Hold from Buy at Argus. The 52-wk trading range is 47.77 – 67.89. The consensus price target is 58.83.
Lockheed Martin Corp. (NYSE:LMT) raised to Outperform from Market Perform at Wells Fargo. The defense contractor has a 52-wk trading range of 199.01 – 266.93 and a consensus price target of 263.38.
PNC Financial Services Group Inc. (NYSE:PNC) analysts raised to Outperform from Market Perform with a 101 price target at BMO Capital Markets. Its 52-wk trading range is 77.40 – 97.50.
Wells Fargo & Co. (NYSE:WFC) was raised to Outperform from Neutral (that was fast) with a 50 price target at Robert W. Baird. The 52-wk trading range is 44.50 – 56.34, the consensus price target is 52.39.
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