Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$ AAPL, $BK, $CAT, $CMG
Below is a list of Wall Street’s Top analysts outlook for Key issues for Monday, as follows:
Apple Inc. (NASDAQ:AAPL) was maintained as Neutral at Mizuho, but the price target was raised to 175 from 160 in the call. Apple shares hit an all-time high of 180.10 last Thursday, and its shares finished 178.46 on Friday. Apple has a 52-wk trading range of 119.50 – 180.10 and the prior consensus target price was 188.46.
Bank of New York Mellon Corp. (NYSE:BK) analysts raised to Overweight from Equal Weight at Morgan Stanley, and the bank was also downgraded to Underweight from Neutral at JPMorgan. Its shares have a 52-wk trading range of 43.85 – 58.99 and a consensus price target at 59.61.
Caterpillar Inc. (NYSE:CAT) has seen numerous analyst price target hikes in Y 2018, and Credit Suisse has joined in with a reiteration of its Outperform rating and raising its target to 192 from 155. Caterpillar has a 52-wk trading range of 90.34 – 173.24, and its shares closed most recently at 170.41 + 2.36 last Friday.
Chipotle Mexican Grill Inc. (NYSE:CMG) was raised to Market Perform from Underperform at Raymond James. The stock closed at 343.87 last Friday and has a 52-wk trading range of 263.00 – 499.00.
Have a terrific week