Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$BBBY, $MPEL, $MSFT, $ORCL, $PG, $WYNN
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:
Bed Bath & Beyond Inc. (NASDAQ:BBBY) was downgraded to Market Perform from Strong Buy at Raymond James. Its 52-wk trading range is 38.60 – 52.71, and the consensus price objective is 42.37.
Melco Crown Entertainment Ltd. (NASDAQ:MPEL) analysts started with a Buy rating at Aegis Capital. The 52-wk trading range is 12.86 – 20, and the consensus price target is 19.56.
Microsoft Inc. (NASDAQ:MSFT) was started with a rating of Overweight at Piper Jaffray, and the company has an 80 price target. That compares with a Wall Street consensus target of 64.43. The stock is in a 52-wk trading range is 48.04 – 63.80.
Oracle Corp. (NYSE:ORCL) analysts started with an Overweight rating at Mitsubishi UFJ with a 48 price target. The 52-wk trading range is 33.13 – 42, and the consensus price target is 43.97.
Procter & Gamble Co. (NYSE:PG) analysts downgraded to Hold from Buy at SunTrust. The 52-wk trading range is 74.46 – 90.33, and the consensus price target is 91.17.
Wynn Resorts Ltd. (NASDAQ:WYNN) was started with a Neutral rating at Aegis Capital. Its 52-wk trading range is 49.94 – 109.50. The consensus price target is 98.38.
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