Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$ARCH, $COF, $HTZ, $M

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 Monday, as follows:

Arch Coal Inc. (NYSE:ARCH) analysts started with a Buy rating and assigned a 90 price target at Jefferies. The firm sees Arch Coal having a low-cost portfolio of US coal assets and a clean balance sheet, which helps to position it to generate strong FCFs (free cash flows) even in a flat coal price environment.

Capital One Financial Corp. (NYSE:COF) analysts raised to Buy from Neutral at Goldman Sachs. Shares are in a 52-wk trading range of 58.03 to 91.64. Capital One has a consensus analyst price target of 98.75.

Hertz Global Holdings Inc. (NYSE:HTZ) downgraded to Underperform from Neutral at Credit Suisse, and the firm lowered its target price from 27 to 15. Hertz closed down 4% at 21.66 Thursday, a finished at 20.00 Friday.

Macy’s Inc. (NYSE:M) was raised to Overweight from Neutral at Atlantic Equities. Macy’s has a consensus target price of 35.38 and a 52-wk trading range of 28.55 – 45.50.

Have a terrific week.

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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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