Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$HP, $KMI, $MPC, $KNE

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 Friday, as follows:

HP Inc. (NYSE:HPQ) was raised to Outperform from Market Perform and the price target was raised to 22 from 21 at RBC Capital Markets. HP shares closed at 18.94 Thursday. HP’s 52-wk trading range is 13.55 – 19.58 and its consensus analyst target price is at 20.74.

Kinder Morgan, Inc. (NYSE:KMI) was up after telegraphing higher dividends and a $2-B stock buyback ahead. Jefferies maintained its Hold rating and 20 target. Kinder Morgan has a 52-wk trading range of 18.31 – 23.36 and has a consensus analyst price target at 24.68.

Marathon Petroleum Corp. (NYSE:MPC) was maintained as Buy with a 65 target at Jefferies, but removed it from the Franchise Pick list. Marathon Petroleum has a 52-wk trading range of 36.58 t- 55.71 and has a consensus analyst price target at 62.94.

Nike, Inc. (NYSE:NKE) analysts raised to Overweight from Equal Weight at Morgan Stanley. Nike closed at 59.1 Thursday. Nike has a 52-wk trading range of 49.01 – 60.33 and has a consensus analyst price target at 62.11.

Have a terrific weekend.

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