Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$AAL, $BA, $COG, $P, $SO

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:

American Airlines Group Inc. (NASDAQ:AAL) was raised to Overweight from Neutral with a 61 price target at JPMorgan. This is just a day after the stock was raised to Outperform from Market Perform with a 57 price target at Cowen. American Airlines has a 52-wek trading range of 33.00 – 54.48, and it previously had a consensus analyst target price of 58.06.

Boeing Co. (NYSE:BA) was reiterated as Buy and the target price was raised to 270 at Argus. Boeing saw many analysts upgrade their ratings and raise their target prices last week, and the stock has had 1 of its longest runs ever. Boeing has a 52-wk trading range of 126.31 – 246.49 and a consensus price target at 246.85.

Cabot Oil & Gas Corp. (NYSE: COG) analysts raised to Overweight from Equal Weight with a 31 target price at Morgan Stanley. Cabot shares have a 52-wk trading range of 20.02 – 26.74, the consensus target price is 28.65.

Pandora Media Inc.  (NYSE: P) Credit Suisse maintained its Neutral rating. Wedbush reiterated its Outperform rating and kept its 15 target in place. Stifel maintained its Buy rating but cut Pandora’s price target to 12 from 14. Pandora has a 52-wk trading range of 6.76 – 14.98 and a consensus price target of 11.72.

Southern Co. (NYSE: SO) was raised to Buy from Hold with a 52 price target at Deutsche Bank. Southern has a 52-wk trading range of 46.20 – 53.73 and a consensus price target of 50.62.

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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