Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations


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 Tuesday, as follows:

Apache Corp. (NYSE: APA) was reiterated as Underperform but the price target was cut to 60 from 66 at Merrill Lynch. The firm’s call is on a confirmed pivot to nat gas diluting its growth with capital spending focused in the Permian. Apache has a 52-wk trading range of 36.26 – 69.00 and a consensus analyst price target of 65.47.

Air Transport Services Group Inc. (NASDAQ:ATSG) analysts started with an In-Line rating and was assigned an 18 price target at Imperial Capital.

Baidu Inc. (NASDAQ:BIDU) was reiterated as Buy with a 207 price objective at Merrill Lynch.

Goodyear Tire & Rubber Co. (NYSE:GT) analysts downgraded to Hold from Buy but the prior 36.60 price target was raised to 38 at Jefferies.

Helmerich & Payne Inc. (NYSE:HP) was raised to Buy from Neutral with a$79 price objective at Merrill Lynch.

Jack in the Box Inc. (NASDAQ:JACK) was downgraded to Market Perform from Outperform and the price target was cut to $100 from 125 at Cowen.

Wendy’s Co. (NASDAQ:WEN) was raised to Overweight from Neutral with a 15 price target at JPMorgan.

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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