Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$K, $LOW, $KORS, $NOK, $NOC

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:

Kellogg Co. (NYSE:K) was started with a Buy rating and assigned an 80 price target at Pivotal Research.

Lowe’s Companies Inc. (NYSE:LOW) was raised to Buy from Hold with a 129 price target at Jefferies.

Michael Kors Holdings Ltd. (NYSE:KORS) was reiterated as Buy and the price target was raised to 81 at Canaccord Genuity.

Nokia Corp. (NYSE:NOK) was raised to Buy from Hold at Merrill Lynch, noting an attractive valuation and solid position heading into the coming 5G upgrade cycle. Merrill Lynch’s target rose to €5.25 from €4.50. Nokia’s American depository receipts trade in a 52-wk range of 4.51 – 6.65.

Northrop Grumman Corp. (NYSE:NOC) was reiterated as Buy and the price target was raised to 375 from 335 at Argus.

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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