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 Friday, as follows:

Chipotle Mexican Grill Inc. (NYSE:CMG) was raised to Equal Weight from Underweight with a 325 target price at Stephens. It has a 52-wk trading range of 296.00 – 499.00 and a consensus analyst target price of 390.08. Chipotle shares are now close to 5-year lows.

Dick’s Sporting Goods Inc. (NYSE:DKS) was downgraded to Market Perform from Outperform with a 28 price target at Cowen. Dick’s has a 52-wk trading range of 25.94 – 62.88 and a consensus target price of 31.56.

HP Inc. (NYSE:HPQ) HP saw Maxim Group maintain its Buy rating and raise its target to 22 from 21. Jefferies maintained its Hold rating and raised its target to 19.00 from 18.75. Merrill reiterated its Buy rating with a 22 price objective. HP has a 52-wk trading range of 13.55 – 19.58.

Lowe’s Companies Inc. (NYSE:LOW) was downgraded to Market Perform from Outperform with an 82 price target at BMO Capital Markets. Credit Suisse maintained its Outperform rating but lowered its target price to 83 from 94. Lowe’s was reiterated as Buy with a 95 price target at Argus, with the firm indicating that Lowe’s can boost its comparable-sales growth and slightly improve gross margins. The stock has a 52-wk trading range of 64.87 – 86.25.

Teva Pharmaceutical Industries Ltd. (NYSE:TEVA) was downgraded to Underperform from Neutral at Credit Suisse noting multiple challenges facing Teva. The shares have 52-wk trading range of 16.45 – 52.66. Multiyear lows are being marked in here.

Have a terrific weekend.

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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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