Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AMGN, $AAPL, $GLW, $MBLY, $UA
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Thursday, as follows;
Amgen Inc. (NASDAQ:AMGN) analysts raised to Buy from Neutral with a 192 price objective at Merrill Lynch. AMGN trades in a 52-wk range of 133.64 – 176.85. The consensus analyst price target is 181.78.
Apple Inc. (NASDAQ: AAPL) was down 0.2% at $121.35 ahead of earnings and was indicated up over 4.5% at 127.00 Wednesday morning after beating earnings. Apple’s target was raised to 142 from 135 at BMO and was raised to 140 from 125 at RBC. Its 52-wk trading range is 89.47 – 122.44 and its consensus price target was 133.54 ahead of the hikes.
Corning Inc. (NYSE:GLW) was downgraded to Market Perform from Outperform with a 26 price target at Bernstein. Corning has a 52-wk trading range of 17.61 – 26.99 and a consensus price target of 26.38.
Mobileye N.V. (NYSE:MBLY) analysts downgraded to Equal Weight from Overweight with a 44 price target at Morgan Stanley. Mobileye was indicated down another 3.6% at 41.40 Wednesday, in a 52-wk trading range of 23.57 – 51.15 and with a consensus target price at 55.70.
Under Armour Inc. (NYSE:UA) closed down 25.7% at 21.49 Tuesday, and the new multiyear low is now 20.80. Buckingham Research downgraded Under Armour to Underperform from Buy, and FBR Capital Markets downgraded it to Market Perform from Outperform. B. Riley also downgraded it to Neutral from Buy.