$BABA, $BBY, $DE, $MSI, $VMW
Below is a list of Wall Streets Top analysts upgrades, downgrades and initiations for Wednesday, as follows:
Alibaba Group Holding Ltd. (NYSE:BABA) was raised to Overweight from Neutral with a 215 price target at Atlantic Equities. Alibaba has a 52-wk trading range of 86.01 – 170.60 and a consensus analyst price target of at 188.40.
Best Buy Co. Inc. (NYSE:BBY) saw its estimates raised but the retailer was maintained as Hold with a 60 price target at Jefferies. Best Buy has a 52-wk trading range of 36.51 – 62.36 and a consensus price target of at 60.69.
Deere & Co. (NYSE:DE) was maintained as Buy with a 140 price target at Argus, with the firm noting that the recent weakness in Deere shares after earnings offers a buying opportunity. The 52-wk trading range is 80.35 – 132.50 and the consensus price target is 130.61.
Motorola Solutions Inc. (NYSE:MSI) analysts maintained as Buy with a 105 price target at Jefferies. It has a 52-wk trading range of 71.24 – 93.75 and a consensus price target at 92.15.
VMware Inc. (NYSE:VMW) was raised to Buy from Hold with a 120 price target at Deutsche Bank. VMware has a 52-wk trading range of 71.81 – 98.20 and a consensus price target at 106.57. Its shares finished up 2.93% at 99.93 after this call.
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