Wall Street’s Top Analysts’ Upgrades, Downgrades and Initiations

Wall Street’s Top Analysts’ Upgrades, Downgrades and Initiations

Wall Street’s Top Analysts’ Upgrades, Downgrades and Initiations

$DKS, $GOLD, $RDS-A, $SYY

Daily HeffX-LTN reviews Wall Street analyst 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 analyst upgrades, downgrades and initiations for Friday, as follows:

Dick’s Sporting Goods Inc. (NYSE:DKS) analysts downgraded to Underweight from Equal Weight with a 39 price target at Morgan Stanley. Oppenheimer has a Perform rating and asked if the optimism is overdone. The consensus analyst price target is 49.16. The 52-wk trading range is 33.42 – 56.94.

Randgold Resources Ltd. (NASDAQ:GOLD) downgraded to Sell from Neutral at Citigroup. The stock closed down 10.8% at 85.29 Wednesday after earnings. It has a consensus price target of 96.35 and a 52-wk trading range of 54.88 – 101.60.

Royal Dutch Shell PLC (NYSE:RDS-A) analysts downgraded to Neutral from Buy at Citigroup. The stock closed down 2.47% at 50.22 in Wednesday’s trading in New York. The 52-wk trading range is 35.80 – 64.36.

Sysco Corp. (NYSE:SYY) analysts reiterated as Buy and the price target was raised to 56 from 50 Vs a 48.87 close Thursday at Argus. Credit Suisse maintained its Outperform rating and raised its target to 55 from 52. The consensus price target is 47.60, and the 52-wk trading range is 35.45 – 48.99.

Stay tuned…

Paul Ebeling

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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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