Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$APA, $PNRA, $SUN, $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 Monday, as follows:
Apache Corp. (NYSE:APA) was started with a Hold rating and assigned a price target of 54 at Stifel. Apache has a 52-wk trading range of 48.05 – 69.00 and a consensus target price at 61.32.
Panera Bread Co. (NASDAQ:PNRA) has seen its shares take usual downgrades, as is customary after a buyout is announced. Panera was downgraded to Market Perform from Outperform at Wells Fargo.
Sunoco L.P. (NYSE:SUN) analysts raised to Overweight from Equal Weight with a 35 price target at Barclays. Sunoco’s 52-wk trading range is 21.01 – 37.25. The consensus price target is 28.44.
Wal-Mart Stores Inc. (NYSE:WMT) was raised to Outperform from Market Perform at Telsey Advisory. Wal-Mart has a 52-wk trading range of 62.72 – 75.19, and it has a consensus target price of at 74.13.
Have a terrific week.