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 Monday, as follows:
Allergan Inc. (NYSE:AGN) was removed from the US Focus List at Citigroup. Its 52-wk trading range is 184.50 – 261.27. The consensus price target is 268.67.
Costco Wholesale Corp. (NASDAQ:COST) analysts raised to Overweight from Equal Weight at Barclays. The 52-wk trading range is 133.57 – 178.51, and the consensus price objective is posted at 182.87.
McDonald’s Corp. (NYSE:MCD) was started with an Outperform rating at BMO Capital. The 52-wk trading range is 110.33 – 133.34. The consensus price target is 135.70.
Verizon Communications Inc. (NYSE:VZ) was downgraded to Hold from Buy at Argus on the heels of the company’s poor earnings report, in which it reported for the 1st time in the company’s history losing wireless subscribers and a 20% profit decliner. The 52-wk trading range is 46.01 – 56.95. The consensus price target is 51.39.
Yum! Brands Inc. (NYSE: YUM) analysts started with a rating of Market Perform at BMO Capital. The 52-wk trading range of the shares 56.31 – 68.98, and the consensus price target 69.76.
Have a terrific week.
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