Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AAPL, $NFLX, $NKE, $KO
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 Streets top analysts upgrades, downgrades and initiations for Friday, as follows:
Apple Inc. (NASDAQ:AAPL) analysts reiterated as Buy at Merrill Lynch, and the firm raised its price objective on Apple to 140 from 130. Apple has a 52-wk trading range of 89.47 – 120.50, and it has a consensus analyst price target of 132.75.
Netflix Inc. (NASDAQ:NFLX) Merrill Lynch analysts reiterated a Buy rating and raised its price objective to 154. Macquarie raised its rating to Neutral from Underperform on Netflix. Wedbush Securities said it continues to believe that Netflix is overvalued, but admitted it is wrong and raised its target to 68 from 60. Jefferies maintained its Underperform rating but raised its target to 95 from 80. Netflix had a consensus analyst target price of 127.38.
Nike Inc. (NYSE:NKE) was started with an Underperform rating and assigned a 55 price target at CLSA. Nike has a 52-wk trading range of 49.01 – 65.44, and it has a consensus analyst target price of 61.90.
Coca-Cola Co. (NYSE:KO) was downgraded to Market Perform from Outperform at Wells Fargo. The stock had a consensus analyst target price of 45.09, and it has a 52-wk trading range of 39.88 – 47.13
Have a terrific weekend.