Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$ADBE, $HPQ, $LULU, $PEP

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:

Adobe Systems Inc. (NASDAQ:ADBE) analysts started with a Buy rating and assigned a 150 price target at Stifel. Adobe has a 52-wk trading range of 90.35 – 131.33 and the consensus analyst target price is at 143.13.

HP Inc. (NYSE:HPQ) was raised to Buy from Neutral with a 20 price target at Citigroup. HP’s 52-wk trading range is 11.31 – 17.96, so that is almost a 52-wk high. The consensus target price from Thomson Reuters was 17.54.

Lululemon Athletica Inc. (NASDAQ:LULU) analysts raised to Buy from Hold with a 60 price target at Stifel. It has a 52-wk trading range of 49.40 – 81.81 and a consensus price target at 61.83.

PepsiCo Inc. (NYSE:PEP) was raised to Positive from Neutral and the price target was raised to 132 from 118 at Susquehanna. PepsiCo has a 52-wk trading range of 98.50 – 112.76, and the consensus analyst target is at 117.63.

Stay tuned…

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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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