Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$AA,  $AMZN,  $GLW,  $INTC,  $VALE

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 Monday, as follows:

Alcoa Corp. (NYSE:AA) analysts upgraded to Outperform from Market Perform and the price target was raised to 45 from 35 at BMO Capital Markets. Alcoa has a 52-wk trading range of 20.00 – 39.78 and a consensus analyst price target of 42.40.

Amazon.com Inc. (NASDAQ:AMZN) started with a Buy rating and assigned a 1,100 price target at Loop Capital. It was given a similar Northside target at Barclays last week. The consensus target price is 948.61.

Corning Inc. (NYSE:GLW) was downgraded to Neutral from Buy at Citigroup. Corning’s consensus target price is 26.93 and its 52-wk trading range is 18.21 – 28.36.

Intel Corp. (NASDAQ:INTC) started with an Outperform rating and assigned a 40 price target at Macquarie. Intel has a 52-wk trading range of 29.50 – 38.45 and a consensus analyst target at 40.03.

Vale S.A. (NYSE:VALE) was raised to Market Perform from Underperform and the price target was raised to 10 from 7 at BMO Capital Markets. Vale’s ADSs have a 52-wk trading range of 3.85 – 11.70, and the consensus target price is 10.30.

Have a terrific week.

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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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