Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$GOOGL, $AVP, $BAC, $FB, $INTC

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 Friday, as follows:

Alphabet Inc. (NASDAQ:GOOGL) analysts reiterated as Outperform and the price target was raised to 1,230 from 1,150 at Cowen. Alphabet has a 52-wk trading range of 805.92 – 1,104.08. It also has a consensus analyst target price at 1,181.90.

Avon Products Inc. (NYSE:AVP) was downgraded to Underperform from Neutral and the price objective was lowered to 2.50 from 3.00 at Merrill Lynch. Avon shares trade in a 52-wk range is 1.85 – 6.03.

Bank of America Corp. (NYSE:BAC) Credit Suisse analysts reiterated their Outperform rating and raised its price target to 35 from 32. Shares have seen a 52-wk trading range of 22.01 to 30.03.

Facebook Inc. (NASDAQ:FB) was reiterated as Outperform and the price target was raised to 220 from $200 at Cowen. Facebook shares have a 52-wk trading range of 118.32 – 186.21, and the consensus price target was 209 ahead of the call.

Intel Corp. (NASDAQ:INTC) reiterated as Outperform at Credit Suisse, noting that the current security threat that hit the stock is close to a non-issue and the shares overreacted to the Southside because the security concern is not unique to Intel, it is not expected to create a major financial issue and the issue should be fixed soon. Intel’s 52-wk trading range is 33.23 – 47.64.

Have a terrific weekend.

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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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