Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AAPL, $CPB, $GPS, $KGC, $LULU
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:
Apple Inc. (NASDAQ:AAPL) reiterated as Outperform and the price target was raised to 180 from 176 at RBC Capital Markets. Apple shares closed at 164.05 Friday, after hitting a new adjusted all-time of 164.94. The consensus target price is at 171.01.
Campbell Soup Co. (NYSE:CPB) is maintained as Market Perform but the price target was cut to 56 from 60 at RBC Capital Markets. Credit Suisse maintained its Underperform rating but lowered its price target to 43 from 47. Campbell Soup has a 52-wk trading range of 46.20 – 64.23, so it hit a new 52-wk low, and its consensus analyst target previously was seen at 53.14.
Gap Inc. (NYSE:GPS) raised to Neutral from Sell with a 24 price target at Citigroup. It has a 52-wk trading range of 21.02 – 30.74 and had a consensus target price of 25.33.
Kinross Gold Corp. (NYSE:KGC) was raised to Neutral from Sell at Citigroup. Shares are up nearly 8% to finish at 4.70 Friday. The stock has a 52-wk trading range of 2.88 – 4.66 and a consensus target price of 5.05.
Lululemon Athletica Inc. (NASDAQ:LULU) Lululemon was maintained as Hold but the price target was raised to 60 from 56 at Jefferies. RBC maintained its Outperform rating and raised its target to 66 from 64.
Have a terrific week.
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