Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AA, $AKS, $COH, $H, $JBLU, $RIG, $VZ, $WMT
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Thursday, as follows:
Alcoa Corp. (NYSE:AA) analyst raised to Buy from Neutral with a $45 price target at Citigroup, and Deutsche Bank raised it to Hold from Sell with a 30 target.
AK Steel Holding Corp. (NYSE:AKS) was downgraded to Neutral from Overweight at JPMorgan. AK Steel has a 52-wk trading range of 1.85 – 11.39, and it had a consensus analyst target price of 10.14.
Coach Inc. (NYSE:COH) was downgraded to Neutral from Overweight at Atlantic Equities. It also was downgraded to Outperform at CLSA. The 52-wk trading range is 32.95 – 43.71, and it has a consensus target price of 43.28.
Hyatt Hotels Corp. (NYSE:H) was downgraded to Hold from Buy with a 60 price target at Berenberg. Hyatt has a 52-wk trading range of 37.00 – 58.05 and a consensus target price of 55.44.
JettBlue Airways Corp. (NASDAQ:JBLU) was raised to Overweight from Neutral with a 27 price target at JPMorgan. JetBlue has a 52-wk trading range of 14.76 – 23.67 and a consensus price target at 26.17.
Transocean Ltd. (NYSE:RIG) analysts raised to Neutral from Underweight with a 13.70 price target at Piper Jaffray. Transocean has a 52-wk trading range of 7.67 – 16.66 and a consensus price target of 12.75.
Verizon Communications Inc. (NYSE:VZ) Verizon was downgraded to Market Perform from Outperform with a 52 target price at FBR Capital Markets. Argus maintained its Buy rating and 60 target price on Verizon. The 52-wk trading range is 46.01 – 56.95, and the consensus target price is 53.27.
Wal-Mart Stores Inc. (NYSE:WMT) analysts started with a Market Perform rating at Wells Fargo. Wal-Mart also has a 52-wk trading range of 62.35 – 75.19 and a consensus analysts target of 74.05.