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 Street’s Top analysts outlook for Key issues for Thursday, as follows:

AutoZone Inc. (NYSE:AZO) trades in a 52-wk range of 491.13 – 813.70. Now that earnings are out, we have seen multiple analysts ratchet their price targets higher. Barclays raised its target to 800 from 710, Deutsche Bank raised its target to 700 from 625, JPMorgan raised its target to 815 from 800 and Morgan Stanley raised its target to 700 from 585.

Carnival Corp. (NYSE:CCL) Morgan Stanley raised its rating to Equal Weight from Underweight, and the price target was raised to 68 from 61. Carnival’s 52-wk trading range is 50.77 – 69.89, and the consensus target price is 72.71.

First Solar Inc. (NASDAQ:FSLR) has seen several firms raise their price targets: Deutsche Bank to 75 from 65, JPMorgan to 59 from 58 and Robert W. Baird to 69 from 53.

Toll Brothers Inc. (NYSE:TOL)  KeyBanc Capital Markets downgraded Toll to Sector Weight from Overweight. Target changes were seen as follows: Barclays raised to 40 from 37, JPMorgan raised to 48 from 45, KBW raised to 50 from 47, RBC raised to 54 from 52 and Wedbush raised to 45 from 40. Toll Brothers has a 52-wk trading range of 30.45 – 51.08 and its pre-changed consensus price target is 45.97.

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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