Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$MU, $X, $URBN, $WMB, $HRL

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:

Micron Technology Inc. (NASDAQ:MU) analysts reiterated as Buy, and the price price target was raised to 20 from 16 at Mizuho. It has a 52-wk trading range of 9.31 – 19.30 and a consensus price target of 16.00.

United States Steel Corp. (NYSE:X) started with a Buy rating and assigned a 27 price target at Citigroup. The stock has a 52-wk trading range of 6.15 – 27.64 and a consensus price target of 21.46.

Urban Outfitters Inc. (NASDAQ:URBN) analysts downgraded to Neutral from Buy, the price target was raised to 35 from 33 at Goldman Sachs. The 52-wk trading range is 6.15 – 27.64, and the consensus price target is 21.46.

Williams Companies Inc. (NYSE:WMB) reiterated as Buy and the price target was raised to 31 from 27 at Argus. Argus believes it remains at a deep value discount versus its old 60 high. Williams has a 52-wk trading range of 10.22 – 49.50 and a consensus price target of 27.33.

Hormel Foods Corp. (NYSE:HRL) was raised to Outperform from Neutral with a 43 price target at Credit Suisse. The 52-wk trading range is 29.18 – 45.72, and the stock has a consensus price target of 41.00.

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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