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

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

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


Daily HeffX-LTN review Wall Street analyst 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 analyst upgrades, downgrades and initiations for Tuesday, as follows:

Chevron Corp. (NYSE:CVX) analysts reiterated as a Buy and the price target was raised to 114 from 110 at Jefferies. It has a consensus analyst price target of 101.39 and a 52-wk trading range of 69.58 – 110.80.

Colgate-Palmolive Co. (NYSE:CL) was raised to Neutral from Sell and the price target was raised to 75 from 62 at Goldman Sachs.

Groupon Inc. (NASDAQ:GRPN) analysts maintained as Hold at Jefferies, the firm raised its price target to 3.50 from 3.00 . RBC Capital Markets took the other side, downgrading Groupon to Underperform from Sector Perform, and its price target was cut to 3 from 4.

Microsoft Corp. (NASDAQ:MSFT) reiterated as Buy with a 65.00 price objective at Bank of America Merrill Lynch. The call represents 30% upside, without the dividend considered. and it represents a call to go to all-time highs from Y 2000. Microsoft’s consensus price target is 57.86 and its 52-wk trading range is 39.72 – 56.85.

Seagate Technology PLC (NASDAQ:STX) maintained as Buy at Jefferies, the price target was cut to 25 from 29. Shares were down 5.96% Monday, and the consensus target was 27.84, with a new 52-wk trading range of 20.21 – 60.09, the low was set on 2 May 2016.

Stay tuned…

Paul Ebeling

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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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