Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$CMG, $XOM, $RF, $TMUS, $WMB, $PAYX
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Thursday, as follows:
Chipotle Mexican Grill (NYSE:CMG) was reiterated as Underperform with a $300 price target at Jefferies. Wedbush Securities maintained its Neutral rating and 400 price target.
Exxon Mobil Corp. (NYSE:XOM) downgraded to Market Perform from Outperform at Wells Fargo, it cut the valuation range to 87 to 93 from a prior 92 to 100 range. Shares have traded between 71.55 and 95.55 in the past 52 wks, and the consensus price target is 88.64.
Regions Financial Corp. (NYSE:RF) was downgraded to Sell from Neutral with a 13 price target at UBS. The 52-wk range is 7.00 to 14.73. The consensus price target is 15.07.
T-Mobile US Inc. (NYSE:TMUS) Argus calling it a Buy and raised its price target to 70 from 61. The 52-wk trading range is 33.23 -59.46, and the consensus price target is 60.00.
Williams Companies Inc. (NYSE:WMB) analysts at Barclays cut the rating to Equal Weight from Overweight, and the price target was cut to 28 from 35. Williams has a 52-wk trading range of 10.22 – 32.69.
Paychex Inc. (NASDAQ:PAYX) was raised to Market Perform from Underperform with a 59 price target at Sanford Bernstein. The consensus price target is 57.80, and the 52-wk range is 45.76 to 62.18.