Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations


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:

Amazon.com Inc. (NASDAQ:AMZN) reiterated as Outperform with a 1250 price target at Wedbush Securities, with he firm noting that Whole Foods is a healthy option to accelerate growth. It has a 52-wk trading range of 682.12 – 1016.50 and a consensus analyst price target of 1110.84

Costco Wholesale Corp. (NASDAQ:COST) analysts downgraded to Hold from Buy at Deutsche Bank. Shares closed at 164.34 Monday, and trade in a 52-week range of 142.11 – 183.18. The consensus target price is 186.49.

Kroger Co. (NYSE:KR) was downgraded to Equal Weight from Overweight at Morgan Stanley. Argus decided to maintain its Buy rating, with the stock being oversold after guidance, but the firm lowered its target price to 30 from 40.

MercadoLibre Inc. (NASDAQ:MELI) was raised to Buy from Hold at Citigroup. After closing at 263.45, MercadoLibre has a 52-wk trading range of 126.10 – 297.95, and its consensus price target is 264.84.

Wayfair Inc. (NYSE:W) was downgraded to Hold from Buy at Maxim Group. Wayfair has a 52-wk trading range of 27.60 – 76.54 and a consensus target price of 68.81.

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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