$T, $BLK, $AVGO, $DEO, $GLMD
Below is a list of Wall Street’s Top analysts outlook for Key issues for Monday, as follows:
AT&T Inc. (NYSE:T) was downgraded to Market Perform from Outperform at Raymond James. The stock was after the Department of Justice appealed the approval AT&T’s acquisition of Time Warner.
BlackRock Inc. (NYSE:BLK) was raised to Outperform with a 590 price target at Keefe Bruyette & Woods. BlackRock was just included among Credit Suisse’s updated Top Picks list of stocks with over 50% in implied upside to its target.
Broadcom Ltd. (NASDAQ:AVGO) was downgraded to Market Perform from Outperform with a 230 price target at BMO Capital Markets. Raymond James downgraded Broadcom to Market Perform from Strong Buy after the CA acquisition too.
Diageo PLC (NYSE:DEO) was raised to Buy from Neutral at Goldman Sachs. Argus started Diageo with a Buy rating and a 168 price target with the independent research firm talking up Diageo’s strong brands, its leading position in many spirits categories and a relatively low-cost structure.
Galmed Pharmaceuticals Ltd. (NASDAQ:GLMD) was started with a Buy rating and assigned a 35 price target at Stifel.
Have a terrific week.