Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$JNJ, $LMT, $TRP, $VZ
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
Johnson & Johnson Inc. (NYSE:JNJ) analysts reiterated as Buy and the price target was raised to 145 from 130 at Argus. It has a consensus analyst price target of 120.83 and a 52-wk trading range of 81.79 – 125.75.
Lockheed Martin Corp. (NYSE:LMT) reiterated as Buy and the price target was raised to 290 from 255 at Argus. Credit Suisse maintained a Neutral rating, but the firm raised its target price to 255 from 225. The 52-wk trading range is 181.91 – 263.37.
TransCanada Corp. (NYSE:TRP) started with a Buy rating and given a 70 price target at Goldman Sachs. The 52-wk trading range is 28.40 – 47.49. The consensus analyst price target is 47.90.
Verizon Communications Inc. (NYSE:VZ) downgraded to Perform from Outperform at Oppenheimer. The stock has a 52-wk trading range of 38.06 – 56.95. The consensus price target is 53.16.