Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AXP, $KO, $TXN, $RIG
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Tuesday, as follows:
American Express Co. (NYSE:AXP) moved to Buy from Neutral and the price objective was raised to 90 from 78. The stock has a consensus analyst target price of 75.96 and a 52-wk trading range of 50.27 – 76.55.
Coca-Cola Co. (NYSE:KO) was started as Equal Weight with a 42 price target at Barclays, and it was downgraded to Sell from Neutral with a 39 price target at Goldie. The consensus analyst target is 45.54, and the 52-wk trading range is 39.88 – 47.13.
Texas Instruments Inc. (NASDAQ:TXN) was raised to Outperform from Neutral, but the price target was raised to $95 from $77 at Credit Suisse. The firm’s view is that estimates look overly conservative and that it is a top semiconductor pick.
Transocean Ltd. (NYSE:RIG) analysts downgraded the stock to Underperform from Buy with a 16 price objective at Merrill Lynch. The consensus target price is 11.68, and the 52-wk trading range is 7.67 – 16.66.