Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$ADM, $CPB, $LMT, $PNC, $WFC
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Tuesday, as follows:
Advanced Micro Devices Inc. (NASDAQ:AMD) reiterated as Buy with a 9 price target at Jefferies. The firm is reflecting the recent debt and equity financing, noting multiple catalysts ahead and that has not fully caught on yet. AMD has a 52-wk trading range of 1.65 to 8.00 and a consensus analyst price target of 6.01.
Campbell Soup Co. (NYSE:CPB) analysts downgraded to Hold from Buy at Argus. The 52-wk trading range is 47.77 – 67.89. The consensus price target is 58.83.
Lockheed Martin Corp. (NYSE:LMT) raised to Outperform from Market Perform at Wells Fargo. The defense contractor has a 52-wk trading range of 199.01 – 266.93 and a consensus price target of 263.38.
PNC Financial Services Group Inc. (NYSE:PNC) analysts raised to Outperform from Market Perform with a 101 price target at BMO Capital Markets. Its 52-wk trading range is 77.40 – 97.50.
Wells Fargo & Co. (NYSE:WFC) was raised to Outperform from Neutral (that was fast) with a 50 price target at Robert W. Baird. The 52-wk trading range is 44.50 – 56.34, the consensus price target is 52.39.