Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations


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 Monday, as follows:

Blue Apron Holdings Inc. (NYSE: APRN) shares fell 17.6% to 5.14 after its 1st earnings report as a pubco showed mixed subscriber metrics. The stock was downgraded to Hold from Buy at SunTrust Robinson Humphrey, and Citigroup cut it to Neutral from Buy. Blue Apron has a post-IPO trading range of 5.03 – 11.00. My call is 2.98/share mid-term, they need a lot of money they do not have, and have high overhead.

Goldman Sachs Group Inc. (NYSE:GS) was downgraded to Hold from Buy at HSBC. Goldman Sachs closed down 2.4% at 225.50 and finished at 223.80 Friday.

Kohl’s Corp. (NYSE: KSS) analyst raised to Neutral from Underperform and the price target was raised to 44 from 39 at Credit Suisse. Argus maintained its Hold rating but noted that it had some positive signs in a challenging retail environment.

Nvidia Corp. (NASDAQ:NVDA) was maintained as Buy with a 180 target at Jefferies. Mizuho reiterated its Buy rating and raised its target to 180 from 170. Merrill Lynch reiterated its Buy rating and has a 180 price objective.

Have a terrific week

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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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