Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$TWTR, $IVZ, $MON, $NTAP
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 Tuesday, as follows
Invesco Ltd. (NYSE:IVZ) analysts reiterated as a Buy at Merrill Lynch raising its price objective to 37. The firm sees sustainable growth at an attractive price. The consensus analyst’s price target is 33.83 Vs a 52-wk trading range of 23.02 – 35.00.
Monsanto Co. (NYSE:MON) raised to Market Perform from Underperform at Bernstein. The 52-wk trading range is 82.81- 114.26, and the consensus price target is 116.63.
NetApp Inc. (NASDAQ:NTAP) downgraded to Sell from Hold at Deutsche Bank. The 52-week range is 20.66 to 36.10, and the consensus price target is 30.41.
Twitter Inc. (NYSE:TWTR) downgraded to Perform from Outperform with a 17 price target at Oppenheimer. Twitter received a downgrade from Morgan Stanley just hours before the buyout rumors broke Friday. The stock rose 21% to 22.62 Friday and shares finished +0.75 at 23.37 Monday in New York. The consensus price target is $6.34, and the 52-wk trading range is 13.73 – 31.87.