Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$NOK, $DIS, $XRX, $VZ, $VOD
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 Wednesday, as follow
Nokia Corp. (NYSE:NOK) analysts downgraded to Perform from Outperform at Oppenheimer, which removed its former 7.00 price target as a result of the rating. Nokia most recently closed at 4.81 per American depositary share, and the 52-wk trading range is 4.04 – 7.55. The consensus price target is 5.65.
Walt Disney Co. (NYSE:DIS) raised to Buy from Hold with a 120 price target at Evercore ISI. This is shortly after a late-December call in which Merrill Lynch added Disney to its US 1 list of stocks to buy with a 125 price target. Disney’s 52-wk trading range is 86.25 – 106.75, and it has a consensus price target of roughly 108.
Xerox Corp. (NYSE:XRX) has completed its separation of Conduent and the old company was raised to Overweight from Neutral with a 10.50 price target at JPMorgan.
Verizon Communications Inc. (NYSE:VZ) analyst raised to Buy from Neutral at Citigroup. The consensus price target is 52.25, and the 52-wk trading range is 43.79 – 56.95.
Vodafone Group (NASDAQ:VOD) was started as Accumulate at Standpoint Research. It has a consensus target price of 38.10 and in a 52-wk trading range of 24.17 to 31.69.