Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$ADSK, $KATE, $JD, $TGT, $WFM
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Wednesday, as follows:
Autodesk Inc. (NASDAQ:ADSK) analysts raised to Outperform from Neutral at Wedbush. The 52-wk trading range is 49.82 – 93.99, and the consensus price target on Wall Street is 91.50. The shares closed most recently at 94.74, so this could be a price break-out call.
Kate Spade Inc. (NASDAQ: KATE) downgraded to Market Perform from Outperform at Wells Fargo on the heels of the company being purchased by Coach for $2.4-B. The 52-wk trading range for Kate Spade is 14.02 – 24.24, and the consensus price objective is 41.50. The shares closed Tuesday at 18.41.
JD.com Inc. (NYSE:JD) was raised to Market Perform from Underperform at Bernstein. The 52-wk trading range is 19.51 – 39.09, and the consensus price objective is 36.93. The stock closed Tuesday at 38.53.
Target Corp. (NYSE:TGT) analysts started with a Sell rating at Gordon Haskett. The 52-wk trading range is 52.72 – 80.21, and the consensus price target for the retailer is 59.91. The stock closed Tuesday at 58.08.
Whole Foods Market Inc. (NASDAQ:WFM) was started with a Buy rating at Gordon Haskett. The 52-wk trading range is 27.67 – 37.33. The consensus price target is 30.20. Shares closed on Tuesday at 36.57.