Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$BABA, $BBY, $DE, $MSI, $VMW

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:

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.

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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