Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$CMG, $XOM, $RF, $TMUS, $WMB, $PAYX

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 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.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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