Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

$APC, $COST, $KHC, $NFLX, $DIS

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 Monday, as follows:

Anadarko Petroleum Corp. (NYSE:APC) raised to Overweight from Neutral with a 62 price target at Atlantic Equities.  Anadarko has a 52-wk trading range of 39.96 – 73.33 and a consensus target price at 60.65.

Costco Wholesale Corp. (NASDAQ:COST) Morgan Stanley downgraded Costco to Equal Weight from Overweight and handily lowered its target to 165 from 190. JPMorgan has said its earnings can now support both the Bullish and Bearish cases. Costco has a 52-wk trading range of 142.11 – 183.18.

Kraft Heinz Co. (NASDAQ:KHC) analysts raised to Overweight from Neutral with a 90 price target at Piper Jaffray. The 52-wk trading range is 76.76 – 97.77, and the consensus target price at 90.29.

Netflix Inc. (NASDAQ:NFLX) was reiterated as Hold at Jefferies, but the firm raised its target price to 180 from 165. It was reiterated as Underperform at Wedbush Securities, but the firm did raise its target price to 88 from 82 after incorporating the new domestic price increases.

Walt Disney Co. (NYSE:DIS) analysts maintained as Hold, but the price target was cut to 103 from 110 at Jefferies. The firm feels that the positive moves of direct-to-consumer and taking control of its content library may help monetization, but they also bring Disney’s future earnings potential into the spotlight.

Have a terrific week.

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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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