Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$FTR, $NKE, $NSC, $PFE, $NUE

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 Thursday, as follows:

Frontier Communications Corp. (NASDAQ:FTR) was downgraded to Hold from Buy and the price target was cut to 4 from 5 at Deutsche Bank.

Nike Inc. (NYSE:NKE) analysts started as Neutral and was given a 53 price target at Wedbush Securities. The firm sees market share challenges likely continuing into Y 2017.

Norfolk Southern Corp. (NYSE:NSC) analysts raised to Buy from Hold with a 104 price target at Argus. It has a 52-wk trading range of 64.51 to 98.75 and a consensus analyst price target of 97.92.

Pfizer Inc. (NYSE:PFE) was downgraded to Market Perform from Outperform and the price target was cut to 33 from 40 at BMO Capital Markets. The 52-wk range is 28.25 – 37.39, and the consensus target price is 38.74.

Nucor Corp. (NYSE:NUE) was raised to Buy from Hold with a 57 price target at Berenberg. Nucor was also just named as one of 6 major infrastructure stocks that would thrive under either Donald Trump of Hillary Clinton. Its 52-wk trading range is 33.90 – 57.08.

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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