Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$FL, $LC, $LMT, $UPS

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:

Foot Locker Inc. (NYSE:FL) raised to Overweight from Equal Weight with a 65 price target at Morgan Stanley. It has a 52-wk trading range of 44.59 – 79.43 and a consensus analyst price target of 68.21. Shares finished Tuesday after the call at 50.04, +1.20.

LendingClub Corp. (NYSE:LC)  LendingClub was maintained as Neutral with a 5 price target at Wedbush. Janney maintained LendingClub as Neutral as well. Oppenheimer maintained its Outperform rating but raised its target to 7.50 from 7.00 noting that its Quarter reflects a solid trajectory ahead. LendingClub has a 52-wk trading range of 4.30 – 6.78 and a consensus price target of 6.61.

Lockheed Martin Corp. (NYSE:LMT) was started as Overweight and assigned a 342 price target at Morgan Stanley. Lockheed Martin has a 52-wk trading range of 228.50 – 297.73 and a consensus price target of 306.44.

United Parcel Services Inc. (NYSE:UPS) was raised to Buy from Neutral with a 128 price target at Citigroup. UPS has a 52-wk trading range of 102.12  120.44 and a consensus price target of at 114.13. Shares finished at 111.89 Tuesday at the close in NY.

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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