Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AMD, $ADM, $CMA, $GIS, $MA, $VRX
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Friday, as follows:
Advanced Micro Devices Inc. (NASDAQ:AMD) analysts raised to Equal Weight from Underweight at Morgan Stanley. The 52-wk trading range for the chip giant is 1.75 – 10.93, while the consensus price target is 8.42.
Archer Daniels Midland Co. (NYSE:ADM), analysts resumed a Hold rating at Stifel. The firm’s price objective for the stock is 46. The stock was also started at Neutral at Piper Jaffray. The 52-wk trading range for the shares is 29.86 – 47.88. The consensus price target is 45.50.
Comerica Inc. (NYSE:CMA) analysts raised to Neutral from Underperform at Merrill Lynch. The 52-wk trading range is 30.48 – 70.44, and the consensus price target is 62.18. Shares closed Thursday at 68.61.
General Mills Inc. (NYSE:GIS) downgraded to Sector Perform from Outperform at RBC Capital Markets. The firm also lowered its price target to 69 from 73, citing rapid declines in volume. The 52-wk trading range is 55.53 – 72.95, and the consensus price target is set at 66.13.
Mastercard Inc. (NYSE:MA) analysts raised to Buy from Neutral at Merrill Lynch. The 52-wk trading range is 78.52 – 108.93. The consensus price objective is 118.60. The stock closed Thursday at 104.35.
Valeant Pharmaceutical Inc. (NYSE:VRX) was downgraded to Equal Weight from Overweight at Morgan Stanley, which also lowered its price target to 17 from 25. The 52-wk trading range is 13.77 – 117.65. The consensus price target is 24.66, and the shares closed Thursday at 13.60.
Have a terrific weekend