Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$ABX, $CDE, $PG, $SO, $WYNN
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
Barrick Gold Corp. (NYSE:ABX) analysts raised to Buy from Hold with a 26 price target at Jefferies. It has a consensus analyst price target of 20.46 and a 52-wk trading range of 5.91 – 23.47. Barrick is one of the Top miners in the world for Gold, with a market cap of $24.5-B.
Procter & Gamble Co. (NYSE:PG) was raised to Buy from Neutral and the price target was raised to 96 from 85 at UBS. It has a consensus analyst target of 85.16 and a 52-wk trading range of 65.02 – 86.15.
Southern Co. (NYSE:SO) The electric power generation and distribution giant was raised to Overweight from Equal Weight with a 62 price target at Barclays. Goldman Sachs started coverage with a Neutral, giving it a 54 price target. Its consensus price target is 50.88, and it has a 52-wk trading range of 41.81 – 54.49.
Wynn Resorts Ltd. (NASDAQ:WYNN) Analysts downgraded to Neutral from Overweight and the price target was cut to 94 from 101 at JPMorgan. The consensus price target is 100.31, and the 52-wk trading range is 49.95 – 105.69.