Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$GOOS, $RL,  $SUN, $TSLA, $WFC

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 Tuesday, as follows:

Canada Goose Holdings Inc. (NYSE: GOOS) has seen its quiet period come to an end. It was started as Outperform at Wells Fargo and as Buy at Goldman Sachs and at Canaccord Genuity. It was also initiated with an Outperform rating at BMO Capital Markets and at Credit Suisse. Merrill Lynch started Canada Goose with a Neutral rating, and CIBC started Canada Goose as Sector Perform.

Ralph Lauren Corp. (NYSE:RL) was started as Sector Perform with an $84 price target at RBC Capital Markets. The 52-wk trading range is 75.62 – 114.00, and the consensus price target is at 78.06.

Sunoco L.P. (NYSE:SUN) raised to Hold from Underperform and the price target was raised to 29 from 20 at Jefferies. Sunoco also was raised to Outperform from Neutral with a price target hike to 36 from 28 at Robert W. Baird.

Tesla Inc. (NASDAQ: TSLA) upgraded to Overweight from Neutral and the price target was raised to 368 from 223 at Piper Jaffray. Monday, shares rose above the 52-wk trading range of 178.19 – 304.88. The consensus price target is still only 254.76.

Wells Fargo & Co. (NYSE: WFC) was raised to Neutral from Underweight with a 55 price target at Piper Jaffray. Wells Fargo has a 52-wk trading range of 43.55 – 59.99 and a consensus analyst target at 59.07.

The US financial markets are closed this Friday for Good Friday.

 

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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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