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) was downgraded to Hold from Buy at Stifel, and the price target was cut to 6 from 8. The downgrade is after earnings were called as being challenged. Blue Apron has a post-IPO range of 5.00 to 11.00 and a consensus price target at 6.68.

Gap Inc. (NYSE:GPS) was reiterated as Buy with a 35 price target at Jefferies, after a solid earnings performance in a tough environment. The 52-wk trading range is 21.02 – 30.74, and the consensus price target is 25.12.

Harmony Gold Mining Co. Ltd. (NYSE:HMY) was raised to Hold from Sell at Deutsche Bank, while Merrill Lynch was maintained as Buy. Harmony Gold has a 52-week range of 1.56 – 4.14 and a consensus price target of 2.38.

Noble Corp. PLC (NYSE:NE) was maintained as Sell at Argus, based on weak industry outlook. Credit Suisse maintained its Outperform rating with a 6 price target.

Wal-Mart Stores Inc. (NYSE:WMT) analysts reiterated WMT as Underperform but the price target was raised to 77 from 76 at RBC Capital Markets. Walmart has a 52-wk trading range of 65.28 – 81.99 and a consensus price target st 82.11.

Have a terrific week.

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