Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$AA, $GOOGL, $AAPL, $CARB, $DOMO

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 Wednesday, as follows:

Alcoa Inc. (NYSE:AA) analysts maintained as Buy and the price target was cut to 55 from 70 at Deutsche Bank. Alcoa was roughly at 48 before last week’s earnings report knocked the props out from under the company’s shares.

Alphabet Inc. (NASDAQ:GOOGL) was reiterated as Overweight and the price target was raised to 1,325 from 1,250 at Morgan Stanley. Cowen reiterated it as Outperform and raised its target to 1,420 from 1,350. Canaccord Genuity reiterated its Hold rating, while the price target was raised to 1,170 from 1,050.

Apple Inc. (NASDAQ:AAPL) was reiterated as Overweight and the target price was raised to 232 from 214 at Morgan Stanley. Apple has a 52-wk trading range of 147.30 –  194.20, and the consensus target price is at 202.72.

Carbonite Inc. (NASDAQ:CARB) was maintained as Equal Weight but the price target was raised to 41 from 38 at Barclays. The 52-wk trading range is 18.55 – 41.25, and the consensus price target was last seen at 37.38.

Domo Inc. (NASDAQ:DOMO) Credit Suisse started it as Outperform with a 25 target, and Morgan Stanley started it as Overweight with a 28 target. UBS started Domo as Neutral with a 20 target.

Stay tuned…

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