Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$ABBV, $BHGE, $MU, $PEP

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 Tuesday, as follows:

AbbVie Inc. (NYSE:ABBV) was raised to Outperform from Market Perform with a 106 price target at Leerink Swann. AbbVie has a 52-wk trading range of 55.06 – 90.95 and a consensus analyst target price at 86.82.

Baker Hughes, a GE Company (NYSE:BHGE) was downgraded to Neutral from Positive with a 38 price target at Susquehanna. Baker Hughes has a 52-wk trading range of 32.43 – 68.59 and a consensus target price of 47.70.

Micron Technology Inc. (NASDAQ:MU) was started with a Market Perform rating and assigned 43 price target at BMO Capital Markets. Micron rocked higher last week after earnings. It has a new 52-wk trading range of 16.17 – 39.36 and a consensus target price of 48.98.

PepsiCo Inc. (NYSE:PEP) was downgraded to Hold from Buy at Jefferies. Its consensus analyst target price is 124.29 and its 52-wk trading range is 98.50 – 119.39.

Stay tuned…

The following two tabs change content below.
HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.