Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$BAC, $C, $JD, $RL
Below is a list of Wall Street’s Top analysts outlook for Key issues for Thursday, as follows:
Bank of America Corp. (NYSE:BAC) analysts reiterated as Outperform and the price target was raised to 34 from 29 at Keefe Bruyette & Woods. This is just a day after UBS raised its target price to 31 from 27. The stock has a 52-wk trading range of 21.77 – 29.50.
Citigroup Inc. (NYSE:C) was reiterated as Outperform and the price target was raised to 87 from 80 at Keefe Bruyette & Woods. The shares have a 52-wk trading range of 55.23 – 77.92 and a consensus target price at 77.29.
JD.com Inc. (NASDAQ:JD) analysts resumed a Buy rating and assigned a 48 price target at Stifel. Shares of JD.com were up 1% at 38.97 Wednesday, in a 52-wk range of 25.25 – 48.99. The consensus analyst’s target is 50.46.
Ralph Lauren Corp. (NYSE:RL) was downgraded to Underperform from Neutral with a new price objective of 80 at Merrill Lynch. Shares trade in a 52-wk range of 66.06 – 103.86.
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