Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$NOK, $DIS, $XRX, $VZ, $VOD
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.