Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$AA, $AKS, $COH, $H, $JBLU, $RIG, $VZ, $WMT

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 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.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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