Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$CAT, $ILMN, $NKE, $STX, $TWTR, $TSN
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 Wednesday, as follows:
Caterpillar Inc. (NYSE:CAT) was raised to Buy from Neutral with a 112 price target at Goldman Sachs.
Illumina Inc. (NASDAQ:ILMN) analysts downgraded to Sell with a fair value estimate of 125 at Janney. They see less growth, less margin and less value. Cantor Fitz has a Hold rating but lowered its target to 155 from 165.
Nike Inc. (NYSE:NKE) was started with a Positive rating and assigned a 63 price target at Susquehanna Financial.
Seagate Technology PLC (NASDAQ:STX) was reiterated as Buy and the price target was raised to 44 at Jefferies. JPMorgan raised it to Neutral from Underweight.
Twitter Inc. (NYSE:TWTR) was raised to Hold from Sell with a 17 price target at Evercore ISI.
Tyson Foods Inc. (NYSE:TSN) analysts raised to Outperform from Market Perform with an 84 price target at BMO Capital Markets.