Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AMZN, $ABC, $BK, $DOV, $NKE, $NVDA
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Thursday, as follows:
Amazon.com Inc. (NASDAQ:AMZN) analyst reiterated with a Buy rating at Cantor Fitz and is a top pick at Evercore for Y 2017. The Wall Street consensus price target for the technology giant is at 929. The 52-wk trading range for the shares is 474 – 847.21.
AmerisourceBergen Corp. (NYSE:ABC) analysts reiterated a Buy rating at Argus, and the firm revised its price target to 120. That compares with a consensus price target of 85.33. The 52-wk trading range for the shares is 63.38 – 105.81.
Bank of New York Mellon Corp. (NYSE:BK) was raised to Strong Buy from Outperform at Raymond James. The analysts also raised their price target to 75 from 50. The consensus target is 51.17, and the 52-wk trading range is 32.20 – 49.54.
Dover Corp. (NYSE:DOV) is a top idea for Y 2017 at Baird. The firm reiterates its Outperform rating and 85 price target. That compares with a 76.16 consensus Wall Street price objective. The 52-wk range is 50.91 – 71.87.
Nike Corp. (NYSE:NKE) was reiterated with an Outperform rating at Credit Suisse, but the analysts lowered their price target to 60. The consensus price target is at 62. The 52-wk trading range is 49.01 – 65.44.
NVIDIA Corp. (NASDAQ:NVDA) is on fire. The analysts at Argus see continued momentum for the shares in Y 2017 and they raise their price target to 130 from 95. That Vs a consensus price objective at 92.65. The 52-wk trading range is 24.75 – 117.36.
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