Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$ACN, $CIEN, $SHAK, $X, $ZION

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 Thursday, as follows:

Accenture PLC (NYSE:ACN) analysts downgraded to Hold from Buy with a 130 price target at SunTrust Robinson Humphreys. It has a 52-wk trading range of 108.66 – 126.53 and a consensus analyst target at 130.68.

Ciena Corp. (NASDAQ:CIEN) was downgraded to Hold from Buy with a 23 price target at Deutsche Bank. Ciena has a 52-wk trading range of 16.66 to 26.84 and a consensus price target at 28.72.

Shake Shack Inc. (NYSE:SHAK) analysts started as Overweight and assigned a 44 price target at Piper Jaffray. The 52-wk trading range is 30.36 – 42.94, and the consensus price target is 37.90.

United States Steel Corp. (NYSE:X) analysts raised to Outperform From Neutral by Credit Suisse. US Steel has a 52-wk trading range of 13.68 – 41.83 and a consensus analyst target at 28.25.

Zions Bancorp (NASDAQ:ZION) was downgraded to Neutral from Buy with a 44 price target at Goldman Sachs. It has a 52-wk trading range of 23.02 – 48.33 and a consensus price target at 46.21.

Stay tuned…

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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.

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