Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$ADSK,  $KATE,  $JD,  $TGT,  $WFM

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 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.

Stay tuned…

The following two tabs change content below.

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.

You must be logged in to post comments :  
CONNECT WITH