Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AAPL, $T, $ADSK, $MON
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 Friday, as follows:
Apple Inc. (NASDAQ:AAPL) Credit Suisse raised estimates based on strong pre-sale orders, reiterating its Outperform rating and its 150 price target. The stock’s 52-wk trading range is 89.47 – 123.82, and the consensus analyst price target is 123.66.
AT&T Inc. (NYSE:T) analysts reiterated as Buy with a 48 price target at Jefferies. The firm pointed out that the concerns over moves toward unlimited data plans and the pending launch of DirecTV Now are not as warranted as some might fear.
Autodesk Inc. (NASDAQ:ADSK) analysts started with a Buy rating at Evercore ISI and was assigned a 80 price target. Its 52-wk trading range is 41.60 – 69.21, and it has a consensus price target at 66.94.
Monsanto Co. (NYSE:MON) is merging with Bayer, and the downgrades are coming in. CLSA downgraded it to Underperform from Buy. BMO maintained its Outperform rating and 128 price target.