Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AA, $AMZN, $GLW, $INTC, $VALE
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.