Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations


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 Street’s Top analysts outlook for Key issues for Tuesday, as follows:

Capital One Financial Corp. (NYSE:COF) analysts raised to Buy from Neutral with a 122 target price at Compass Point. The shares have traded in a 52-wk range of 76.05 – 99.95. The consensus analyst target price is 100.95.

Conagra Brands Inc. (NYSE:CAG) was reiterated as Buy and the price target was raised to 42 from 38 at Stifel, while Credit Suisse maintained its Neutral rating but raised its price target to 40 from 37.

Honeywell International Inc. (NYSE:HON) was reiterated as Buy and the price target was raised to 170 at Argus. Honeywell was given positive marks after a dividend hike and its expanded multiple is based on outperforming and an ability to reach double-digit earnings growth for the next 5 years.

3M Co. (NYSE:MMM) was reiterated as Buy with a 260 price target at Argus. After closing down almost 1% at 234.73  Friday, it has a 52-wk range of 173.55 – 244.23.

Nike Inc. (NYSE:NKE) shares were up 1.8% at 64.77 ahead of earnings, but the stock was down 3% at 62.90 after earnings as the North American athletic apparel market remains competitive. It was maintained as Neutral with a 47 price target at Wedbush Securities. The 52-wk trading range is 50.35 – 65.19, and the consensus price target was 62.47 going into earnings.

Have a terrific week.

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