Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AAPL, $BP, $TWTR, $UTX
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
Apple Inc. (NASDAQ:AAPL) Apple has a 52-wk trading range of 89.47 – 123.82. The stock was reiterated as Outperform at Credit Suisse with a 150 price target. At Merrill Lynch it was reiterated as Buy with a 120 price objective. Raymond James raised its rating to Outperform from Market Perform with a 129 price target.
BP PLC (NYSE:BP) analysts reiterated as Underperform at Merrill Lynch. The firm said that BP’s exit from its path of pain is not yet in sight, and the firm has sub-consensus estimates and signaled that the valuation really needs $60 Crude Oil. The stock closed at 34.59 in New York, in a 52-wk trading range of 27.01 to 38.06.
Twitter Inc. (NYSE:TWTR) was downgraded to Hold from Buy with a 16 target at Canaccord Genuity. Axiom Capital downgraded Twitter to Hold from Buy with a 16 target. Merrill Lynch reiterated its Underperform rating but cut its price objective to 14 from 15 as it is a work in progress. Twitter’s 52-wk trading range is 13.73 – 33.24.
United Technologies Corp. (NYSE:UTX) analysts reiterated as Buy and the price objective was raised to 130 from 115 at Merrill Lynch. The 52-wk trading range is 83.39 – 107.96, and the consensus price target is 111.19.
Latest posts by Paul Ebeling (see all)
- Box Office: ‘Moana’ #1 for 2nd Weekend With $28.4-M - December 4, 2016
- A Special LaFerrari Hammered for $7-M at the Finali Mondiali - December 4, 2016
- Money Flowing Out of Emerging Market ETFs - December 4, 2016