Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$GM, $PSX, $URBN, $XRX, $YUM
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:
General Motors Co. (NYSE:GM) analysts raised to Buy from Neutral with a 57 price objective at Merrill Lynch. Shares finished at 43.45. GM has a consensus target price at 39.52.
Phillips 66 (NYSE:PSX) was raised to Buy from Neutral at Goldman Sachs. Shares at 93.63 Tuesday. The 52-wk trading range is 75.14 – 92.67, and the consensus target price is 91.07.
Urban Outfitters Inc. (NASDAQ:URBN) was downgraded to Sell from Hold at Deutsche Bank. The stock has a 52-wk trading range of 16.19 – 40.80 and a consensus target price of 21.11.
Xerox Corp. (NYSE:XRX) was started as Neutral at UBS, and it was assigned a 36 price target. Xerox has a consensus target price of 37.29.
Yum! Brands Inc. (NYSE:YUM) was started with a Buy rating and assigned an 88 price target at Stifel. Yum has a 52-wk trading range of 59.57 – 78.14 and a consensus analyst target of 79.40.
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