Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$GOOGL, $AMZN, $INTC, $SNAP, $NBR

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:

Alphabet Inc. (NASDAQ:GOOGL) Jefferies reiterated its Buy rating and raised its target to 1,200 from 1,000. Wedbush maintained an Underperform rating but raised its street-low price target to 725 from 700. Oppenheimer has an Outperform rating and raised its target to 1,050 from 1,000.

Amazon.com Inc. (NASDAQ:AMZN) Wedbush maintained its Outperform rating and 1,250 price target. Pacific Crest lowered its rating to Sector Weight from Overweight. Oppenheimer reiterated its Outperform rating but said its numbers and estimates are under review.

Intel Corp. (NASDAQ:INTC) finished down 3.2% at 36.15 after earnings Friday, in a 52-week range of 29.50 – 38.45. Jefferies maintained its Hold rating after a recent downgrade but raised its price target to 38 from 36.

Snap Inc. (NYSE:SNAP) started with a Hold rating and assigned a 22 price target at Canaccord Genuity. Snap has a post-IPO range of 18.90 – 29.44.

Nabors Industries Ltd. (NYSE:NBR) Nabors was maintained as Buy at Goldman Sachs with a 17.50 price target, but the firm removed it from the prized Conviction Buy list.

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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