Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$GOOGL, $AMZN, $GD, $GE

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 Wednesday, as follows:

Alphabet Inc. (NASDAQ:GOOGL) analysts reiterated as Buy and the price target was raised to 1,375 from 1,200 at B. Riley. Needham also raised its target price to 1,350 from 1,150. Alphabet was also just featured as a company in which the price and analyst action was indicating a big chance of very strong earnings.

Amazon.com Inc. (NASDAQ:AMZN) was reiterated as Buy and its price target was raised to 1,600 from 1,250 at Needham. Amazon was just featured as a company in which the recent trading and the analyst activity was indicating a big chance of very strong earnings.

General Dynamics Corp. (NYSE:GD) was reiterated as Buy and the price target was raised to 250 from 230 at Argus. While it has under-performed the broader market, Argus thinks General Dynamics is focused on driving growth through modest sales increases, along with margin improvement and share buybacks.

General Electric Co. (NYSE:GE) analysts maintained as Hold but the price target was cut to 17 from 18 at Stifel. GE closed at 15.95 Tuesday compared with a 19.86 prior consensus analyst target price.

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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